Birdwatch Note Rating
2023-11-08 21:28:10 UTC - HELPFUL
Rated by Participant: BAAF6232C7E5417A76BD313D12678646DC2E13386E0747E0E3444C01D18020E9
Participant Details
Original Note:
These subsidies are mostly "implicit subsidies," not "explicit subsidies," and thus represent governments "undercharging" for the environmental cost of emissions. Governments do not actually literally spend more on subsidies than on education. https://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion#:~:text=Fossil%2Dfuel%20subsidies%20surged%20to,economic%20recovery%20from%20the%20pandemic.
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