Critical
Who's keeping carbon-rich fuels the mainstay of global energy usage? Not consumers
Globally, governments heavily subsidize fossil fuels, often more than clean energy, despite private investment leaning green. This public funding, set to surge, artificially cheapens dirty energy, impeding the transition. The author criticizes governments for propping up a "dying fossil economy" with taxpayer money, citing US, EU, and UK examples where policies favor polluters. This obstructs climate action and contradicts free-market principles. The text urges governments to cease fossil fuel support, allowing market forces to accelerate clean energy adoption.
LiveMint · mint · Jul 7, 2026 at 9:30 AM