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Photo of a coal mine with excavator and truck in foreground.

Photo of a coal mine with excavator and truck in foreground.

Australian state and federal governments provided $16.3 billion in subsidies to fossil fuel producers and major users in 2025-26, according to new research from The Australia Institute.
#climatecrisis #fossilfuelsubsidies #auspol www.darebincan.org.au/news

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Indonesia’s Energy Support Measures In 2024, Indonesia spent IDR 713.5 trillion on energy subsidies, with nearly 90% of that supporting fossil fuels.

That bold investment Indonesia is making into #solarEnergy translates into $16 billion per year.

Indonesia also spends $40 billion per year on #FossilFuelSubsidies (Electricity, gasoline, LPG subsidies), so a steady transition to clean domestic energy seems appealing.
www.iisd.org/publications...

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#FossilFuelSubsidies
#TaxPayerDollars 💲💲💲
Subsidize the pollution of our planet and our bodies!
☠️🇺🇸☠️🌍☠️

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#FossilFuelSubsidies
#TaxPayerDollars 💲💲💲
Subsidize the pollution of our planet and our bodies!
☠️🇺🇸☠️🌍☠️

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Let that settle in. We (Australia) subsidise the mulitnational fossil fuel corporations $30,000.00 a minute to cook the planet.

That is from our taxes.

Imagine what else we could spend that on which would power us out of #fossilfuelwars - i.e. renewable energy

#auspol #fossilfuelsubsidies

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Fossil Fuel Subsidies by country

Fossil Fuel Subsidies by country

Governments spend billions subsidizing fossil fuels.

While the world talks climate action, fossil fuel subsidies keep rising. The numbers are staggering.

energtx.com

#FossilFuelSubsidies #ClimatePolicy #EnergyPolicy

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Energy data visualization by energtx.com

Energy data visualization by energtx.com

Governments still spend billions subsidizing fossil fuels.

Some of the world's largest economies are paying to keep oil, gas, and coal cheap. These subsidies often exceed climate spending.

See the full data: energtx.com

#FossilFuelSubsidies #ClimateFinance #EnergyPolicy #NetZero #ClimateAction

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The term 'affordable energy' should be elaborated.

Many African utilities make a loss with every kWh they sell, draining public finances. (Fossil fuel costs > tariffs).
Some developing countries spend more public funds on #fossilFuelSubsidies than education and healthcare.
bsky.app/profile/henr...

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Underpriced and Overused: Fossil Fuel Subsidies Data 2025 Update This paper provides a bi-annual assessment of efficient fossil fuel prices and subsidies for 170 countries, based on a comprehensive analysis of environmental and other externalities from fuel consump...

IMF paper shows fiscal #FossilFuelSubsidies across 170 nations was $725 billion in 2024. Add in environmental damage, that jumps to $6.7 trillion. Google lists global 2024 #FossilFuel profits at $583 billion, i.e., all profit is public money. #NoSubsidies #SaveEarth #StopCO2 #BrokenWorld 💔 🌏 🌱 ♻️

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Australia spent $26 billion on 'nature-harming' incentives in a year The federal government funds $26 billion of incentives each year that may be harmful to the environment and is yet to report on its international commitments, researchers say.

Save Earth & biodiversity. Go clean & green with renewable energy. Corporates profit from public money & environmental damage. Make them pay the full price. End #FossilFuelSubsidies. #AusPol 🇦🇺 🐨 🌱

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New Video: BREAKING: New European Energy Security Deal & a Lesson in Negative Externalities
https://www.youtube.com/watch?v=zpnqaZRxW-g

#CleanEnergy #Renewables #NorthSeaWind #FossilFuelSubsidies #EnergyTransition

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Oh and stop #FossilFuelSubsidies. Now.

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I reckon they should remove #FossilFuelSubsidies #TaxTheRich and actually get fossil fuel companies to pay tax. There you go. Yes I’m brilliant!

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#extremeheat #FossilFuelSubsidies #Australia

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Tomorrow's energy is hydrogen, not oil. It is already cheaper than oil, if strong policy supports the necessary infrastructure. Thankfully, France has already realised that the #RFNBO rules only protect #fossilfuelsubsidies

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UN: the unsustainable production of food & fossil fuels causes $5B/£3.8B of environmental damage per hour photo: Scottish farm overlooks petrochemical refining plant Replace #fossilfuelsubsidies (cut emissions by 1/3) with #subsidiesforhealthyplantbasedfoods

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Bankrupt oil company leaves Alberta county with $9.3M unpaid tax bill | CBC News Big Lakes County in northwestern Alberta says it has formally approved the write off of more than $9 million in unpaid property taxes owed by the now bankrupt Razor Energy Corp.

You better believe that there is a LOT more of this coming. Who has to pick up the tab? You and me and our tax dollars.
#DrillandDash #FossilFuelSubsidies
www.cbc.ca/news/canada/...

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Since 2013, the International Monetary Fund (IMF) has published biennially global estimates of what they call "explicit" and "implicit" #FossilFuelSubsidies.

Those estimates are widely cited, but also widely misinterpreted & misrepresented. And some things they include shouldn't be.

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Introducing a new #fossilfuelsubsidy for enhanced oil recovery contradicts the framework adopted by the Liberal government in 2024 to eliminate #fossilfuelsubsidies.

@cape-acme.bsky.social
@forourkidsog.bsky.social
@forourkidscanada.bsky.social

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Exceptional costs (& risks found later in this thread) mean that no private company has expressed interest in building this project. Any private equity ownership, debt financing would require extraordinary public #fossilfuelsubsidies in the form of loan guarantees, concessional finance, etc... 16/

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I very much enjoyed this article. @australianlabor.bsky.social should take note. We could make the whole thing faster if we removed #FossilFuelSubsidies

#auspol

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What a fucking rip off.

#BillionairesTax #WealthTax #OligarchTax #WindfallTax #CapitalgainsTax #TaxRich #FossilFuelSubsidies #GOPTaxScams #EndCitizensUnited #BoycottAmazon #BoycottWalmart #BoycottWholeFoods #BoycottHomeDepot #BoycottKroger #BoycottMcDonald’s #BoycottBurgerKing #BoycottFedEx

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G20 Peer Reviews - QUNO QUNO has agreed to act as a repository for the six peer reviews of the Group of Twenty (G20) Members' efforts to reform their fossil fuel subsidies, as

I'm pleased to report that the peer reviews of the G20's efforts to phase out their #fossilfuelsubsidies are finally publicly available again.

They were on the OECD's web site, but disappeared. They are now on a dedicated page of the revamped web site for the @quakerunoffice.bsky.social (QUNO).

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Influence operations kept big tobacco solvent for decades longer. Keep #FossilFuelSubsidies pouring with trillions of public $$. Yes trillions.

The russians and others spend billions on influence ops attacking the Liberal Democracies.

The single worst threat to civilization is misinformation.

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U.S. Spending Bill to Grant $40 Billion in Fossil Fuel Subsidies A report finds that the Republican spending bill will grant $40 billion in new subsidies to the oil and gas industry over the next decade. The Trump administration has already added nearly $40 billion in new federal subsidies for oil,...

U.S. Spending Bill to Grant $40 Billion in Fossil Fuel Subsidies
->Yale Environment 360 | #FossilFuelSubsidies #ClimateChange | More from BigEarthData.ai

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Top 5 oil companies made $100B profit in 2024. Now they are to get tax breaks from Trump. Their $349B subsidies continue. #fossilfuelsubsidies

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💡Did you know?
🎞️Our public hearings are recorded!

In the spotlight today👇
🏗️Phasing out of #FossilFuelSubsidies 💶📤
🤔Missed it live?
🎥 Watch the full recording: europa.eu/!CcmkCt
🔖Read our opinion: europa.eu/!nW4qjh

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I could quote data from IMF or IEA but there is a caveat in those trillions of dollars or percentages of GDP (up to 10%..) as not all #fossilFuelSubsidies are in explicit cash to subsidise consumer prices.

Some are #externalities:
bsky.app/profile/rons...

upload.wikimedia.org/wikipedia/co...

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Fiscal Costs of Fuel Subsidies
Incomplete fuel subsidy reforms have resulted in fiscal costs and challenges for fiscal
management‒particularly during periods of rising commodity prices. Despite declining as
a share of tax revenue, Indonesia’s fossil fuels subsidies remain sizeable compared to structural
peers (Figure 1). In 2022, fuels, electricity, and LPG subsidies accounted for 22.3 percent of total
central government expenditure, a notable increase from the historical average of 13.2 percent
between 2017-21. These subsidies represent 87 percent of total subsidies. This spending
includes both explicit and implicit subsidies such as compensation payments for the assigned
SoEs. As a percentage of central government spending, subsidies for fuel products account for more than three-quarters (76 percent) of total energy subsidies in 2022‒comprised of gasoline (44 percent), diesel (30 percent), LPG (26 percent), and kerosene (0.3 percent). Electricity subsidies accounted for 24 percent of total energy subsidies in 2022. While energy subsidies may support poor and vulnerable households by making energy prices cheaper and less volatile, they are costly and inefficient when poorly targeted. When global commodity and
energy prices rise, the government faces mounting fiscal pressure as the subsidies bill rises, hence posing a substantial burden on public finances and risks to fiscal sustainability. The surge in global commodity prices in 2022 had a significant impact on fuel subsidy outlays (Figure 5). Between 2021 and 2022, international crude oil prices increased by 44 percent while the Indonesian rupiah depreciated by 9.3 percent against the US dollar during the
same period. These developments had a negative impact on the country’s fiscal balance since Indonesia is a net oil importer. In 2022, fuel and electricity subsidies rose to 2.8 percent of GDP (Rp 551.2 trillion) (MoF 2023), up from 1.7 percent of GDP in 2021 (Figure 2).

Fiscal Costs of Fuel Subsidies Incomplete fuel subsidy reforms have resulted in fiscal costs and challenges for fiscal management‒particularly during periods of rising commodity prices. Despite declining as a share of tax revenue, Indonesia’s fossil fuels subsidies remain sizeable compared to structural peers (Figure 1). In 2022, fuels, electricity, and LPG subsidies accounted for 22.3 percent of total central government expenditure, a notable increase from the historical average of 13.2 percent between 2017-21. These subsidies represent 87 percent of total subsidies. This spending includes both explicit and implicit subsidies such as compensation payments for the assigned SoEs. As a percentage of central government spending, subsidies for fuel products account for more than three-quarters (76 percent) of total energy subsidies in 2022‒comprised of gasoline (44 percent), diesel (30 percent), LPG (26 percent), and kerosene (0.3 percent). Electricity subsidies accounted for 24 percent of total energy subsidies in 2022. While energy subsidies may support poor and vulnerable households by making energy prices cheaper and less volatile, they are costly and inefficient when poorly targeted. When global commodity and energy prices rise, the government faces mounting fiscal pressure as the subsidies bill rises, hence posing a substantial burden on public finances and risks to fiscal sustainability. The surge in global commodity prices in 2022 had a significant impact on fuel subsidy outlays (Figure 5). Between 2021 and 2022, international crude oil prices increased by 44 percent while the Indonesian rupiah depreciated by 9.3 percent against the US dollar during the same period. These developments had a negative impact on the country’s fiscal balance since Indonesia is a net oil importer. In 2022, fuel and electricity subsidies rose to 2.8 percent of GDP (Rp 551.2 trillion) (MoF 2023), up from 1.7 percent of GDP in 2021 (Figure 2).

BTW, that 20-40 ct/kWh for diesel-generated electricity includes huge #FossilFuelSubsidies.

Indonesia uses 22% of central government budget (or 2,8% of GDP) on subsidising energy, and 1/3 of that to keep diesel artificially cheap.

Solar minigrids make sense
documents1.worldbank.org/curated/en/0...

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Video

To accelerate the energy transition, gov’ts must rein in #FossilFuelSubsidies.

Fossil fuel subsidies undermine energy security, delay the shift to renewables, & strain on gov’t budgets.

@nataliejones.bsky.social explains:📽️

➕7 ways fossil fuel subsidies ⬇️ energy security.
iisd.org/articles/dee...

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