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Oil and gas subsidies total $500 billion a year globally!!
Why are global governments subsidizing the most profitable corporations in the world?
Seven of the top 20 most profitable companies worldwide were oil companies in 2008 – and their cumulative profit roughly equaled the other 13 companies added together.
Subsidies to green energy sources are only 6-9 cents on the dollar compared to oil and gas subsidies.
In this special presentation on Corporate Knights web site learn all the details at http://bit.ly/8XsLau
Tesla’s market capitalization (value) is greater than the combined value of General Motors, Ford, Fiat Chrysler, Toyota, Honda, Volkswagen, Nissan, Daimler (Mercedes Benz), Hyundai, Kia, BMW and Renault as of January 2022.
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