Green economy
Noviembre 5, 2021 - < 1 min

Fuel subsidies: the contradiction of the fight against climate change

Who is who when it comes to fuel subsidies

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The world met this week in Glasgow at the COP 26 climate summit to continue discussions on how to reduce greenhouse gas (GHG) emissions and limit global warming (and its catastrophic effects on the climate). New agreements and commitments were announced. However, while the countries of the world displayed their green rhetoric in the Scottish city, in many of them governments continue to subsidize fossil fuel consumption. Who subsidizes the most and who the least? This graph from Our World in Data shows us how fuel subsidies are around the world. Spoiler: fuel subsidies in Chile in 2019 were equivalent to US$64.12 per capita/year, below Argentina's US$95.16 (and Venezuela's incredible US$448.04), but clearly above the US's US$24.94.

To view the interactive map, click here: Fossil-fuel subsidies per capita, 2019 (ourworldindata.org).