Why Stopping the Subsidization of Fossil Fuels Would Lead to Climate Emission Reductions
09/29/21
“Why would stopping the subsidization of fossil fuels lead to climate emission reductions?”
Fossil fuel prices in many parts of the world are subsidized by the government to make it easier for consumers to purchase. However, this also encourages people to purchase more fossil fuels which in turn causes more carbon emissions. To end this cycle, the subsidization of fossil fuels should be halted. This would discourage purchasing the fuel stock by making it more prohibitive. This is Why Stopping the Subsidization of Fossil Fuels Would Lead to Climate Emission Reductions.
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