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

Yea, they are stupidly rich and they make even more money because they are heavily subsidized. Then they donate a lot of that money to politicians, who in turn give them more subsidies.

Then they all go to the same parties (which you and I aren’t allowed anywhere near) and give each other awards.

Good gig if you can get it.

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