Our energy system has changed since 1913 – why hasn’t this subsidy?
Standard Oil has long since been broken up yet the subsidy designed to do so has only grown over its 100-year lifespan in terms of total value to the industry.
Read the latest insights and analysis from the experts at Oil Change International.
Standard Oil has long since been broken up yet the subsidy designed to do so has only grown over its 100-year lifespan in terms of total value to the industry.
This year, G20 leaders reiterated their same tired commitment to end fossil fuel subsidies, for the seventh time in a row. It’s starting to ring hollow.