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How much subsidies do fossil fuels receive?
Sustainable business and solutions
Published January 27, 2025
Date (DD-MM-YYYY)
27-01-2025 to 27-01-2026
Available on-demand until 27th January 2026
Cost
Free
Education type
Article
CPD subtype
On-demand
Description
If we want to tackle climate change, we need to move away from fossil fuels to low-carbon energy sources. This transition is a lot easier if these cleaner sources are cheaper than fossil fuels.
However, fossil fuels are often subsidized, reducing the short-term economic incentives to switch.
In this article, I explain the scale of fossil fuel subsidies and where these numbers come from.
Contact details
Email address
Telephone number
01865 403178

Our World in Data (OWID)
Global Change Data Lab
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Oxford
Oxfordshire
OX2 0DP
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