Fossil Fuels

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47 percent of natural gas and 99 percent of coal are priced at less than half their true cost

An analysis report from the International Monetary Fund found that 47 percent of natural gas and 99 percent of coal are priced at less than half their true cost and that just five countries — China, the United States, Russia, India, and Japan — account for two-thirds of subsidies globally. All five countries belong to …

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