Oil accounted for around 43 percent of subsidies for fossil fuel consumption during the period in consideration. In 2020, figures for oil totaled 90.4 billion U.S. dollars. Overall, subsidies for fossil fuel consumption presented a trend of decline, despite some oscillation.
Subsidies for fossil fuel consumption worldwide from 2010 to 2020, by energy source
(in billion U.S. dollars)
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Visual Capitalist. (January 30, 2022). Subsidies for fossil fuel consumption worldwide from 2010 to 2020, by energy source (in billion U.S. dollars) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/216407/global-subsidies-for-fossil-fuels-and-renewable-energies/
Visual Capitalist. "Subsidies for fossil fuel consumption worldwide from 2010 to 2020, by energy source (in billion U.S. dollars)." Chart. January 30, 2022. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/216407/global-subsidies-for-fossil-fuels-and-renewable-energies/
Visual Capitalist. (2022). Subsidies for fossil fuel consumption worldwide from 2010 to 2020, by energy source (in billion U.S. dollars). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/216407/global-subsidies-for-fossil-fuels-and-renewable-energies/
Visual Capitalist. "Subsidies for Fossil Fuel Consumption Worldwide from 2010 to 2020, by Energy Source (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jan 2022, https://www.statista.com/statistics/216407/global-subsidies-for-fossil-fuels-and-renewable-energies/
Visual Capitalist, Subsidies for fossil fuel consumption worldwide from 2010 to 2020, by energy source (in billion U.S. dollars) Statista, https://www.statista.com/statistics/216407/global-subsidies-for-fossil-fuels-and-renewable-energies/ (last visited August 25, 2024)
Subsidies for fossil fuel consumption worldwide from 2010 to 2020, by energy source (in billion U.S. dollars) [Graph], Visual Capitalist, January 30, 2022. [Online]. Available: https://www.statista.com/statistics/216407/global-subsidies-for-fossil-fuels-and-renewable-energies/