Australia subsidises fossil fuels by $65 billion a year, or 2.5...

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    Australia subsidises fossil fuels by $65 billion a year, or 2.5 per cent of GDP, mostly through the government’s failure to recoup the associated environmental and health costs from polluters.

    credit SMH

    Assistance to the coal sector has declined by $270 million, while measures that support the oil and gas industry have increased by $350 million.

 
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