Green economy
Noviembre 5, 2021 - < 1 min

Fuel subsidies: the contradiction in the fight against climate change

Who's who when it comes to fuel subsidies

Share

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

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