Fossil fuel subsidy stands at 640 billion U.S. dollars, making it the most significant government support subsidy from all other subsidies that are harmful to the environment as of 2022. Agriculture followed at 520 U.S. billion dollars.
Environmentally harmful government subsidies per year worldwide as of 2022, by type
(in billion U.S. dollars)
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BloombergNEF. (November 30, 2023). Environmentally harmful government subsidies per year worldwide as of 2022, by type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 12, 2024, from https://www.statista.com/statistics/1469488/environmentally-harmful-government-subsidies-worldwide/
BloombergNEF. "Environmentally harmful government subsidies per year worldwide as of 2022, by type (in billion U.S. dollars)." Chart. November 30, 2023. Statista. Accessed November 12, 2024. https://www.statista.com/statistics/1469488/environmentally-harmful-government-subsidies-worldwide/
BloombergNEF. (2023). Environmentally harmful government subsidies per year worldwide as of 2022, by type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 12, 2024. https://www.statista.com/statistics/1469488/environmentally-harmful-government-subsidies-worldwide/
BloombergNEF. "Environmentally Harmful Government Subsidies per Year Worldwide as of 2022, by Type (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Nov 2023, https://www.statista.com/statistics/1469488/environmentally-harmful-government-subsidies-worldwide/
BloombergNEF, Environmentally harmful government subsidies per year worldwide as of 2022, by type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1469488/environmentally-harmful-government-subsidies-worldwide/ (last visited November 12, 2024)
Environmentally harmful government subsidies per year worldwide as of 2022, by type (in billion U.S. dollars) [Graph], BloombergNEF, November 30, 2023. [Online]. Available: https://www.statista.com/statistics/1469488/environmentally-harmful-government-subsidies-worldwide/