IMF pegs global fossil fuel subsidies at $5.3 trillion

WASHINGTON, D.C. — The International Monetary Fund released a working paper today estimating the 2015 global cost of fossil fuel subsidies at $5.3 trillion. The paper uses a post-tax subsidies measurement, which reflects the un-priced externalities that burning fossil fuels inflicts on societies.

Lukas Ross, activista de la campaña por el clima y la energía de Amigos de la Tierra, emitió la siguiente declaración en respuesta:

This is a hugely important finding. Beneath the billions in tax breaks and other giveaways, the biggest single subsidy polluters enjoy is the privilege of sending emissions into our atmosphere free of charge.

Ending these subsidies and taxing carbon emissions is a crucial step to listening to scientists and leaving 80 percent of proven fossil fuels in the ground.

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Contacto experto: Lukas Ross, (202) 222-0724, [email protected]
Contacto de comunicaciones: Kate Colwell, (202) 222-0744, [email protected]