One of the discussion points at our monthly meeting last Wednesday was a the $12 billion of government subsidies paid in support of fossil fuel industry. Three questions were asked. Who came up with that figure? How is it apportioned? Where are the original sources?.
Here are some links and media reports for you to examine that may shed some light on the subject:
http://www.theage.com.au/opinion/politics/twelve-billion-holes-in-plan-to-cut-carbon-20110309-1bny3.html
http://www.acfonline.org.au/articles/news.asp?news_id=3308
http://www.abc.net.au/unleashed/43868.html
Link to the report: http://www.acfonline.org.au/uploads/res/climate_expenditure_and_subsidies.pdf
