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petrostates
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- 1Taxpayers subsidize fossil fuels at $4.5 trillion a year, critics say●"Too many governments in the world have been captured by the fossil fuel industry and the petrostates. Taxpayers around
Climate commentators are circulating a claim that governments worldwide have been captured by the fossil fuel industry and petrostates, leaving taxpayers effectively subsidizing fossil fuel burning at a rate of $4.5 trillion per year. The figure cites a Scientific American article, and the claim is being shared as an indictment of government inaction on climate change.