Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Fossil Energy Subsidies: The Bottom Line | Frankly #43

Fossil Energy Subsidies: The Bottom Line | Frankly #43

FromThe Great Simplification with Nate Hagens


Fossil Energy Subsidies: The Bottom Line | Frankly #43

FromThe Great Simplification with Nate Hagens

ratings:
Length:
13 minutes
Released:
Sep 1, 2023
Format:
Podcast episode

Description

In this week’s Frankly, Nate reacts to recent analysis by the International Monetary Fund (IMF) critical of 2022 subsidies to fossil fuel. These subsidies - by IMF math totalling $7+ trillion - are not what they seem, resulting in widespread confusion on what is really going on.  By peeling back the layers of the onion on these oft-misunderstood benefits - Nate outlines what comprises these fossil fuel subsidies, who receives them, the purpose they serve, and who benefits from them (spoiler alert - we ALL do). How do these subsidies fit into the larger story of the huge energy surplus that fossil fuels have provided? What will it mean for societies when the subsidy that is fossil fuels goes away? Will we be prepared when the externalities - paid for in these subsidies - catch up with us and we need to learn to live with the aftermath of the Carbon Pulse? To Watch on Youtube: https://youtu.be/DpcjHqXYrFs For Show Notes and More: https://www.thegreatsimplification.com/frankly-original/42-fossil-energy-subsidies-the-bottom-line  
Released:
Sep 1, 2023
Format:
Podcast episode

Titles in the series (100)

The Great Simplification with Nate Hagens explores money, energy, economy, and the environment with world experts and leaders to understand how everything fits together, and where we go from here.