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)
Characteristic
Subsidies 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 July 22, 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 July 22, 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: July 22, 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 July 22, 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/