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May 26, 2015, 3:24 pm90 ptsThe Ecologist
A new report from the IMF has quantified the prodigious subsidies doled out to the fossil fuel industries, writes Pete Dolack - an astonishing $5.6 trillion per year, over 7% of world product, including direct payments, tax breaks and unpaid environmental costs. The obscene scale of public largesse proves the…
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