Government support for fossil fuels in the form of subsidies increased significantly between 2020 and 2022, reaching a decade-high. Nearly 450 billion U.S. dollars were spent on support measures for natural gas in 2022. Overall, petroleum tended to account for the largest share of such subsidies.
Subsidies for fossil fuels worldwide in select years from 2013 to 2022, by fuel type
(in billion U.S. dollars)
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OECD. (December 1, 2023). Subsidies for fossil fuels worldwide in select years from 2013 to 2022, by fuel type (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 03, 2024, from https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD. "Subsidies for fossil fuels worldwide in select years from 2013 to 2022, by fuel type (in billion U.S. dollars)." Chart. December 1, 2023. Statista. Accessed November 03, 2024. https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD. (2023). Subsidies for fossil fuels worldwide in select years from 2013 to 2022, by fuel type (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 03, 2024. https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD. "Subsidies for Fossil Fuels Worldwide in Select Years from 2013 to 2022, by Fuel Type (in Billion U.S. Dollars)." Statista, Statista Inc., 1 Dec 2023, https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/
OECD, Subsidies for fossil fuels worldwide in select years from 2013 to 2022, by fuel type (in billion U.S. dollars) Statista, https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/ (last visited November 03, 2024)
Subsidies for fossil fuels worldwide in select years from 2013 to 2022, by fuel type (in billion U.S. dollars) [Graph], OECD, December 1, 2023. [Online]. Available: https://www.statista.com/statistics/484759/subsidies-for-fossil-fuels-worldwide-by-product/