Comment Re: A sad day (Score 1) 156
""Underpricing for local air pollution costs is the largest contributor to global fossil fuel subsidies, accounting for 42 percent, followed by global warming costs (29 percent), other local externalities such as congestion and road accidents (15 percent), explicit subsidies (8 percent) and foregone consumption tax revenue (6 percent)."[3
This "externalities" and "cost" for pollution, etc...that's not a subsidy!?!?
A subsidy is where the govt gives you DIRECT money or tax breaks solely because you, in this case, dig, mine or drill for fossil fuels.
The govt isn't supposed to charge you for perceived "externalities".
So, yeah...based on this, I don't see any subsidies to the fossil fuel industry....nothing implemented by law for direct monies given or tax credits earned for being a fossil fuel producer.
That's like saying smokers are subsidized because they don't have to pay for the effects of second hand smoke on their neighbors or children in their homes....??
One can make up "externalities" for almost any activity if you look hard enough or want to bitch about something you don't like the someone else does...but that's not subsidizing anything.
Hell if nothing else at all..the part complaining about congestion and accidents....if that's the case, EVs cause those same externalities, but no ones complaining about them being subsidized due to that....no, they are directly being subsidized by tax money, by law/statute with real money moving about or being credited.