Oil subsidies total $500 Billion a year globally
April 26, 2010 | Posted by Erudyte Ltd | pp. Jim Harris Oil and gas subsidies total $500 billion a year globally!!
Why are global governments subsidizing the most profitable corporations in the world?
Seven of the top 20 most profitable companies worldwide were oil companies in 2008 – and their cumulative profit roughly equaled the other 13 companies added together.
Subsidies to [...]
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Categories: Jim Harris, Thoughts from the Rainmakers | 
Tags: Gas, global governments, Oil, oil and gas, oil companies, profitable companies, profitable corporations, world, worldwide, year | 
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