UK Subsidises Fossil Fuels By £10bn A Year–Claims EU
Lets put this straight. What they call subsidy is mostly tax breaks. This means that fossil fuels pay taxes, sometimes a bit less. But they still pay into the public good. They are still a net financial benefit to our societies. Oly coal receives some true subsidies. Now over to wind and solar. They receive cash for a product that could not turn a profit if it tried. This means that those subsidies are real subsidies as they are a drain on the public finances. So, fossil fuels leave a lot of money for society to spend on all kinds of things. RE drain public finances making the cake to use for other stuff much smaller. And they dare to call fossil fuels subsidized. But what really irks me is that we take it on the chin. This is antcrap.
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