April 26, 2010

Oil subsidies total $500 Billion a year globally

Jim Harris
Magazine Article

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 green energy sources are only 6-9 cents on the dollar compared to oil and gas subsidies.

In this special presentation on Corporate Knights web site learn all the details at http://bit.ly/8XsLau

Recent Posts

In this episode, JIm joins host Adam Markel in conversation to break down the cycle of disruption and innovation in the speaking industry and why businesses must equip themselves for change.

Continue reading