Article 66B2X From the Amazon to Australia, why is your money funding Earth’s destruction? | George Monbiot

From the Amazon to Australia, why is your money funding Earth’s destruction? | George Monbiot

by
George Monbiot
from US news | The Guardian on (#66B2X)

Fossil fuels, fisheries and farming: the world's most destructive industries are protected - and subsidised - by governments

In every conflict over the living world, something is being protected. And most of the time, it's the wrong thing.

The world's most destructive industries are fiercely protected by governments. The three sectors that appear to be most responsible for the collapse of ecosystems and erasure of wildlife are fossil fuels, fisheries and farming. In 2021, governments directly subsidised oil and gas production to the tune of $64bn (53bn), and spent a further $531bn (443bn) on keeping fossil fuel prices low. The latest figures for fisheries, from 2018, suggest that global subsidies for the sector amount to $35bn a year, over 80% of which go to large-scale industrial fishing. Most are paid to enhance capacity": in other words to help the industry, as marine ecosystems collapse, catch more fish.

George Monbiot is a Guardian columnist

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://www.theguardian.com/us-news/rss
Feed Title US news | The Guardian
Feed Link https://www.theguardian.com/us-news
Feed Copyright Guardian News and Media Limited or its affiliated companies. All rights reserved. 2024
Reply 0 comments