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| Vote for my climate |
"Governments argue that fossil fuel subsidies are designed to help the
poorest members of society, however, this is not borne out by the
research. The true beneficiaries of these subsidies are wealthier
people and wealthier nations not the poor.
According to an IEA report,
more than 85 percent of these subsidies go to middle and higher end
income earners while only 8 percent of the aid is reaching the poorest
20 percent. These subsidies encourage energy consumption as people with
the lowest incomes tend to be lower energy users and rarely drive.
"Fossil-fuel subsidies as presently constituted tend to be regressive,
disproportionately benefiting higher income groups that can afford
higher levels of fuel consumption," the report said. 'Social welfare
programs are a more effective and less distortionary way of helping the
poor than energy subsidies.' "
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#fossil fuel subsidies #climate catastrophe #poverty #renewable energy #100% renewable energy #electricity #Australia