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Why are we subsidizing fossil fuels?

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Earth School

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Globally we are subsidizing the fossil fuel business to the tune of $5.3 trillion a year. Why do you think we're giving these companies massive tax breaks when their products put our future in jeopardy? What can we do to end it? Journalist David Wallace-Wells, author of "The Uninhabitable Earth" explains.

It's estimated that, globally, governments subsidize oil and gas industry by about __________.

Watch the video and finish the Think section to complete the lesson.

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