Building, Transport, Governance
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Katiuscia Eroe
IT

Is it fair that the Italian Government spends billions of euros to subsidize fossil fuels?

"Fossil fuels are the main cause of climate change. Their use is often advantageous because the Italian Government provides generous subsidies to these polluting and climate-changing sources, but this happens all over the world. 16 billion euros were granted by the Italian Government, directly and/or indirectly, to the oil&gas sector in the last year. Among the direct subsidies we find, for example, the exemption, for a certain amount of gas and oil, from the payment of royalties, which between 2017 and 2018 concerned about 30% of extracted gas and about 10% of oil, making the research and extraction of hydrocarbons in Italian territories and seas profitable."

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