this post was submitted on 17 Sep 2023
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This article is a month old, but similar things are happening in many European countries.

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[–] Ni@kbin.social 24 points 1 year ago

We should probably stop subdising fossil fuel companies so much by this arguement. I'd rather my tax pounds went to subsidising heat pumps than fossil fuels.

The UK government has given £20bn more in support to fossil fuel producers than those of renewables since 2015, the Guardian can reveal.

From 2020 to 2021 they received an extra £1bn support from the government compared with 2020, a 10.7% increase. For renewable energy in the same year, total support for projects increased by just £1m, or 0.01%.

https://www.theguardian.com/environment/2023/mar/09/fossil-fuels-more-support-uk-than-renewables-since-2015