Sentences with phrase «subsidizing rich oil»

The latter two are inexcusable — rich nations have no business subsidizing rich oil, gas and coal companies or their own consumers.

Not exact matches

Many oil or mineral rich monarchies or authoritarian regimes use nationalized / royalty owned oil and / or mineral wealth to dramatically limit domestic taxation and to fund a welfare state for average citizens, sometimes with straight cash dispersals, sometimes with heavily subsidized prices for certain essentials of life, and sometimes by heavily subsidizing services like health care and education.
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