[EP149] - Climate Emergency! Also... $5.2 Trillion in Oil subsidies.
Hi everyone!
Hope you're all well!
The IMF calculates that $5.2 Trillion is spent on Oil, Gas & Coal Subsidies. It's a complicated issue, but those tax payer funded subsidies probably didn't hurt Saudi Oil company Aramco post a profit of 84bn pounds last year.
Meanwhile, Scotland and Ireland have declared a climate emergency, and electric vehicle and solar panel installation subsidies are decreasing.
We're running out of time, we've got 12 years to try and reduce the damage that we've already done. We've all contributed to it, and now is the time for us all to act.
What do you think? Is there anything in particular you want to see Governments or corporations tackle?
Thanks for watching!
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