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The $7 Trillion Lie - How the Media Twists The Facts About Fossil Fuel Subsidies - ClimateRealism

Summary by Climate Realism
Guest post by Dr. Matthew Wielicki You’ve probably heard the claim by now… that fossil fuels receive a staggering $7 trillion per year in global subsidies. The number gets repeated endlessly by the IMF, the World Bank, climate NGOs, and politicians who seem to think fossil fuels are not just dirty, they’re also living on welfare. It is one of the most effective talking points in the climate activist arsenal… and one of the most dishonest. In thi…
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Climate Realism broke the news in on Friday, July 11, 2025.
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