Amount of aid given to Third World nations to combat climate change = $11.2 billion
Amunt of tax subsidies extended to Big Oil & other Fossil Fuel companies = $58.7 billion
These dollar figures are not limited to just US money.
http://www.bloomberg.com/news/2012-...-rich-nations-are-five-times-climate-aid.html
Amunt of tax subsidies extended to Big Oil & other Fossil Fuel companies = $58.7 billion
These dollar figures are not limited to just US money.
http://www.bloomberg.com/news/2012-...-rich-nations-are-five-times-climate-aid.html
Fossil-Fuel Subsidies of Rich Nations Five Times Climate Aid
By Alex Morales - Dec 3, 2012
Rich countries spend five times more on fossil-fuel subsidies than on aid to help developing nations cut their emissions and protect against the effects of climate change, the Oil Change International campaign group said.
In 2011, 22 industrialized nations paid $58.7 billion in subsidies to the oil, coal and gas industries and to consumers of the fuels, compared with climate-aid flows of $11.2 billion, according to calculations by the Washington-based group....