Cutting fossil fuel subsidies would not only help achieve genuine reductions in emissions, but would save money that could be spent on public services.
Australian state and federal governments gave $14.5 billion in subsidies to fossil fuel producers and major consumers in 2023-24 - the equivalent of $27,581 for every minute of every day, or $540 for every person in Australia.
Over the forward estimates the Federal Government has budgeted $54 billion for fossil fuel subsidies, five times the amount it has committed to its key housing policy, the $10 billion Housing Australia Future Fund.
Climate Initiatives Lead Liz Morison explains.
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Негізгі бет Fossil fuel subsidies cost Australian governments $14.5 BILLION
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