Not exact matches
The idea that
fossil fuels benefit from both direct and
indirect subsidies has been around
for years, but analysis has generally been done in pieces (some of it done very well — Nancy Pfund and Ben Healy at DBL Investors published an excellent analysis of direct
subsidies in the U.S. a couple years back) or without complete data robust enough to stand up to critique.
Governments can certainly help a lot - one of the best thing they could do is remove
subsidies, direct and
indirect,
for fossil fuels - but they can't do it all.
Furthermore, an estimated 11 - 18 % of global
fossil fuel subsidies don't go towards directly lowering the prices that consumers pay, instead occurring in the form of tax breaks
for fossil fuel companies and other forms of
indirect support
for industry.