New research by 350.org shows that on top of soaring energy bills, fossil fuels cost households an additional $12 trillion a year in taxpayer handouts, health impacts and extreme weather damage – equivalent to a $23 million a minute “gift to Big Oil” that costs each person on Earth $1,400 per year. In the report “Out of Pocket: How Fossil Fuels are Draining Households and Economies,” 350.org recalculated IMF estimate…
Source: Common Dreams – Breaking News & Views for the Progressive Community (https://www.commondr…)