Fossil fuel subsidies double. Why?

BUT WHY? The security of nations depends on the steady, reliable supply of energy provided by fossil fuels to advance growth and maintain social stability. With #PeakOil, fossil fuels are becoming harder and more expensive to extract so, this highly problematic energy source is being subsidised to the hilt. Catch-22: We collapse if we do, we collapse it we don’t. Don’t just collapse, #JustCollapse.

https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion

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