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

Because if the price of gas goes up a bit, governments topple. Can’t have that. Reelection efforts start the night after the election.

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