Government financial measures lowering the cost of fossil fuels for consumers or producers. These subsidies include direct payments, tax breaks, and price controls. Key beneficiaries are large energy corporations and industrial sectors, while the broader public indirectly receives cheaper energy. This support, however, often discourages renewable energy investment and perpetuates greenhouse gas emissions.
Get alerts when this topic surges in newsletters. Free to start.
Sign up freeExplore more trends:Trending Topics ·AI Trends ·Business Trends ·Finance Trends ·Technology Trends