Fossil fuels subsidised by $10m a minute, says IMF
'Shocking' revelation finds $5.3tr subsidy estimate for 2015 is greater than the total health spending of all the world’s governments
Fossil fuel companies are benefitting from global subsidies of $5.3tr (£3.4tr) a year, equivalent to $10m a minute every day, according to a startling new estimate by the International Monetary Fund...
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