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
The more money you have the more you can spend on lobbying and ~~bribing~~ donating to political representatives for more subsidies, favourable conditions for you, and less favourable conditions for any potential competition and your employees. This tends to make your business even more profitable at which point you pay for even more lobbying etc
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