cut 2 percent fossil fuel subsidies

The latest research shows that if we cut 2 percent GDP fossil fuel subsidies that goes a long way to the $1.8 on maintaining fossil fuel subsidies or 2% on our own destruction. Why would we not cut the 2% GDP fossil fuel subsidies, or the estimated $11m a minute, and asked the fossil fuel companies to do a 180 degree turn around then we could meet the net-zero carbon emissions plan. Sounds too simple? Not based on the most recent analysis of what companies and governments spend on fossil fuel subsidies.?

The estimated investment to achieve net zero is 2 percent of GDP. Why should governments not stop fossil fuel subsidies?

Sailing Boat Analogy

Today, the sailing boat of net zero is being carried out to sea due to the 2% of GDP spent on existing fossil fuel subsidies. The boat is being carried out to sea. Why do we not insist on simply changing that 2% so the boat is sailing to the shore, not out to sea? Turns out that most of the reasons are political

Outrage and Optimism

In their 140 podcast Every Country Could Be Carbon Negative with Erika Mouynes, the hosts reported that the world’s governments are currently subsidizing our own destruction to the tune of $1.8 Trillion a year…yeah. Not good. What does it look like to turn these subsidies around to promote nature, clean energy, and equitable access to energy across continents?

How do we cut 2 percent GDP fossil fuel subsidies

This infographic show what we spend that money on. The IMF says we spend 11m per minute or $1.2 trillion but this report says that is under stated. We also spend an enormous amount on destruction of our environment. Some, like agriculture were set in motion decades ago, but we still pay out even though the world has changed.

cut 2 percent GDP fossil fuel subsidies
Sectors of fossil fuel subsidies from Business for Nature
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