‘Criminally Insane’: Subsidies That Harm the Environment Reach $2.6 Trillion Per Year

Governments across the world now spend a total of $2.6 trillion per year on subsidies that harm the environment, jeopardizing global climate and biodiversity targets, according to an analysis released Tuesday. The analysis came in an updated report from the research group Earth Track, which found that harmful fossil fuel subsidies top $1 trillion annually…