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