If the fossil fuel industry is so stupidly rich, why is it so heavily subsidized?

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Just read a bit about the massive subsidies the fossil fuels industry receives in the U.S and I was confused. Aren’t these companies one of the most profitable ones in the U.S?

In: Economics

33 Answers

Anonymous 0 Comments

What subsidies are you referencing? Most I’ve seen listed are standard features of the tax code that apply to every business and not actual subsidies.

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