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submitted 1 year ago by [email protected] to c/[email protected]

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The IMF report said that explicit subsidites have more than doubled since its previous assessment, from $0.5 trillion to $1.3 trillion in 2022.

It's a bold strategy Cotton, let's see if it pays off for them

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[–] dr_scientist 26 points 1 year ago (2 children)

If you liked that, you're going to love this. It's almost exactly the price tag to switch - completely - to renewables.

I know, I know, many studies, many different amounts, but come on! Let's try!

[–] Markimus 9 points 1 year ago* (last edited 1 year ago)

7 trillion is not 73 trillion.

Edit: Just saw the 7.8 trillion figure for the US to switch to 100% renewables by 2050. That’s a long time to wait.

[–] [email protected] 2 points 1 year ago

It would be even less if we created a carbon tax