Greta Versus the Greedy Grifters

Greta Versus the Greedy Grifters
Why a 17-year-old is a better economist than Steve Mnuchin.

"...The International Monetary Fund makes regular estimates of worldwide subsidies to fossil fuels — subsidies that partly take the form of tax breaks and outright cash grants, but mainly involve not holding the industry accountable for the indirect costs it imposes. In 2017 it put these subsidies at $5.2 trillion; yes, that’s trillion with a “T.” For the U.S., the subsidies amounted to $649 billion, which is about $3 million for every worker employed in the extraction of coal, oil and gas.
Without these subsidies, it’s hard to imagine that anyone would still be investing in fossil fuels...."

https://nyti.ms/2O3LN53