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

If the prices at the gas stations go up while you are in government you are going to lose.

It’s that simple. People will vote against everyone trying to remove those subsidies.

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