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Oil subsidies total $500 Billion a year globally

April 26, 2010 By Jim Harris

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

Filed Under: Magazine Articles Tagged With: Oil, oil subsidies, subsidies

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Jim Harris
Focusing on disruptive innovation, digital transformation, strategic planning with executive teams and boards & leadership.


#1 International Bestselling Author, Management Consultant, Keynote Speaker and Strategic Planning Facilitator.
Boost the bottom line of your business with expert advice from CURRENT Organization, a professional innovation consultant based business in Toronto, Ontario.
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