Fossil Fuel Subsidies Cost U.S. More than Defense Budget: IMF Report – Rolling Stone

Study: U.S. Fossil Fuel Subsidies Exceed Pentagon Spending

The United States has spent more subsidizing fossil fuels in recent years than it has on defense spending, according to a new from the International Monetary Fund. The IMF found that direct and indirect subsidies for coal, oil and gas in the U.S. reached $649 billion in 2015.