Arab states accuse Israel of genocide after UN confirms Gaza famine

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Egyptian Foreign Minister Badr Abdelatty, Saudi Foreign Minister Prince Faisal bin Farhan, Jordanian Foreign Minister Ayman Safadi, Bahraini Foreign Minister Abdullatif bin Rashid Al Zayani, and Arab League Secretary-General Ahmed Aboul Gheit pose for a group photo after issuing a joint statement condemning Israel’s decision to block their planned diplomatic visit to Ramallah, at a meeting held in Amman, Jordan on June 1, 2025. [Jordan Foreign Ministry – Anadolu Agency]

Arab states on Friday condemned Israel for the famine officially declared in the Gaza Strip, with Saudi Arabia, Kuwait, Jordan, the Gulf Cooperation Council (GCC), Muslim World League and Palestine accusing Tel Aviv of committing grave crimes against starving civilians and demanding urgent international intervention, Anadolu reports.

In a statement, the Saudi Foreign Ministry accused Israel of committing genocide against civilians in Gaza, describing the famine as a “stain on the conscience of humanity.”

The ministry said the famine, confirmed by the UN-backed Integrated Food Security Phase Classification (IPC), is a direct result of systematic crimes committed by the Israeli army, including the obstruction of humanitarian aid and forced displacement of civilians under siege.

“The Kingdom of Saudi Arabia expresses its deep concern following the IPC report and the official declaration of famine in Gaza,” the ministry said.

“The continuation of these crimes without deterrence or accountability represents a disgrace to the international community.”

Riyadh condemned what it called “repeated genocide crimes” by Israeli forces and called on the international community, particularly permanent members of the UN Security Council, to take urgent steps to end the famine and stop Israel’s extermination war against the Palestinian people.

Kuwait also denounced Israel’s policy of starvation, repression, and forced displacement in Gaza.

In a statement, the Foreign Ministry called on the international community to stop the ongoing genocide in Gaza and hold Israel accountable for crimes against humanity, citing UN Security Council Resolution 2417, which prohibits the use of starvation as a weapon of war.

READ: Arab states decry Netanyahu’s ‘Greater Israel’ comments

The GCC likewise urged immediate international pressure on Israel to open crossings and allow unrestricted humanitarian aid into Gaza.

GCC Secretary-General Jasem al-Budaiwi called the famine a result of Israel’s “inhumane starvation policies” and reaffirmed support for Palestinian rights and protection under international law.

Jordanian Foreign Ministry spokesman Sufyan Qudah called the declaration “a dangerous indicator of the catastrophic humanitarian situation in the Gaza Strip, resulting from the systematic inhumane policies and measures by the Israeli government that have turned starvation into a weapon against the Palestinians.”

He condemned Israel’s continued restrictions on the delivery of humanitarian aid to Gaza, which he said have led to “alarming levels of famine.”

Qudah called on the international community to “act immediately and without delay to compel Israel to end its aggression on Gaza, put an end to the famine and humanitarian catastrophe caused by the aggression, and ensure the sufficient and sustainable entry of aid into the Strip.”

A statement by the Muslim World League (MWL) General Secretariat, Mohammed bin Abdulkarim Al-Issa, and chairman of the Organization of Muslim Scholars, stressed that “this extremist government poses a grave threat to the Palestinian people in particular, as well as to the region and the international community at large.”

His renewed the MWL’s “urgent appeal to the international community to assume its moral and legal responsibilities, to take an immediate and decisive stand to end the famine and genocide inflicted upon the people of Gaza, and to deter the occupation government’s war machine, which continues its tyranny and disregard for the lives, rights, and human dignity of the Palestinian people.”

The Palestinian Foreign Ministry called for “decisive international action to compel the occupying state, Israel, to immediately halt the crimes of genocide, displacement, and annexation, as the only way to stop, contain, and address famine, prevent its spread, ensure the opening of crossings, allow sustainable delivery of humanitarian aid, and begin the immediate reconstruction of Gaza.”

It “urged relevant international courts to assume their legal and moral responsibilities regarding the perpetrators of famine, including upholding international law in addressing all acts of genocide and ethnic cleansing against the Palestinian people witnessed by the world.”

The ministry also affirmed that the IPC report “has left no room for interpretation and speculation regarding the occurrence of famine in Gaza.”

Hamas said the UN report on the spread of famine in Gaza governorate represents “conclusive international testimony to the crime being committed by Israel.”

The group said the announcement “constitutes undeniable international evidence of the crime perpetrated by the Zionist occupation against more than two million besieged people.”

It called for the UN and the Security Council to “act immediately to stop the war, lift the blockade, and open the crossings without restrictions to allow the urgent and continuous entry of food, medicine, water and fuel.”

The IPC’s latest report, released Friday, confirmed that famine conditions are already present in Gaza, affecting over 500,000 people. The crisis, described by UN agencies as entirely man-made, is projected to spread further south in the coming weeks, unless a large-scale humanitarian response is urgently allowed.

UN officials and humanitarian agencies have blamed Israel’s blockade, destruction of civilian infrastructure, repeated displacement, and severe restrictions on aid deliveries as the main drivers of the famine.

Israel has killed nearly 62,300 Palestinians in Gaza since October 2023. The military campaign has devastated the enclave, which is facing famine.

Last November, the International Criminal Court issued arrest warrants for Israeli Prime Minister Benjamin Netanyahu and his former Defense Minister Yoav Gallant for war crimes and crimes against humanity in Gaza.​​​​​​​

Israel also faces a genocide case at the International Court of Justice for its war on the enclave.

READ: ‘No time to lose’: UN agencies call for immediate humanitarian access to famine-declared Gaza

Experiencing issues with this image not appearing. I suspect because it's so critical of Zionist Keir Starmer's support of and complicity in Israel's genocides.
Genocide denier and Current UK Prime Minister Keir Starmer is quoted that he supports Zionism without qualification. He also confirms that UK air force support has been essential in Israel’s mass-murdering genocide. Includes URLs https://www.declassifieduk.org/keir-starmers-100-spy-flights-over-gaza-in-support-of-israel/ and https://youtu.be/O74hZCKKdpA
UK Labour Party government Keir Starmer, Angela Rayner and Rachel Reeves explain that they are participants and complicit in Israel's Gaza genocide providing Israel with army and air force support. They explain that they don't do gas chambers but do do forced marches, starvation, destroy hospitals, mass-murders of journalists and healthcare workers.
UK Labour Party government Keir Starmer, Angela Rayner and Rachel Reeves explain that they are participants and complicit in Israel’s Gaza genocide providing Israel with army and air force support. They explain that they don’t do gas chambers but do do forced marches, starvation, destroy hospitals, mass-murders of journalists and healthcare workers.
Vote Labour for Genocide.
Vote Labour for Genocide.
Continue ReadingArab states accuse Israel of genocide after UN confirms Gaza famine

Saudi Arabia condemns Israeli provocations at Jerusalem’s Al-Aqsa Mosque

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Israel’s far-right National Security Minister Itamar Ben-Gvir leads a large group of illegal settlers in a provocative march and mass incursion into the Al-Aqsa Mosque compound, coinciding with the Jewish commemoration of Tisha B’Av in East Jerusalem on August 3, 2025. [Gazi Samad – Anadolu Agency]

Saudi Arabia on Sunday strongly condemned repeated Israeli provocations at the Al-Aqsa Mosque compound in occupied East Jerusalem, following an intrusion by far-right National Security Minister Itamar Ben-Gvir to the flashpoint site, Anadolu reports.

Ben-Gvir led a large group of illegal settlers in a mass incursion into the mosque complex early Sunday to mark the Jewish holiday of Tisha B’Av.

“These repeated provocative practices by officials of the Israeli occupation government at Al-Aqsa Mosque only serve to fuel conflict in the region,” the Saudi Foreign Ministry warned in a statement.

The kingdom stressed that such actions “violate international laws and norms” and undermine peace efforts.

Riyadh reiterated its “continued demand that the international community stop the practices of Israeli occupation officials” and called for urgent international intervention.

Al-Aqsa Mosque is the world’s third-holiest site for Muslims. Jews call the area Temple Mount, claiming it was the site of two Jewish temples in ancient times.

Israel occupied East Jerusalem, where Al-Aqsa is located, during the 1967 Arab-Israeli War. It annexed the entire city in 1980 in a move never recognized by the international community.

READ: Far-right Israeli minister leads mass illegal settler incursion into Al-Aqsa Mosque

This work by Middle East Monitor is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License

Continue ReadingSaudi Arabia condemns Israeli provocations at Jerusalem’s Al-Aqsa Mosque

Just 36 Companies Drove Half the World’s Climate-Altering Emissions in 2023: New Report

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Original article by Sharon Kelly republished from DeSmog.

Hurricane Harvey, downgraded to a tropical storm when it hit Vidor, Texas, flooded an Exxon gas station, Sept. 1, 2017. Credit: ©Julie Dermansky

Companies and states most responsible for climate change are also those working hardest to prevent climate action, new Carbon Majors report finds.

Half of the world’s carbon dioxide emissions in 2023 came from just three dozen companies, according to a new report released today by the Carbon Majors project, with the list dominated by coal, cement, and oil producers.

Saudi Arabia’s Saudi Aramco, the year’s worst offender, drove 4.4 percent of the world’s carbon dioxide pollution alone in 2023, the report found.

Five publicly-traded oil companies — ExxonMobil, Chevron, Shell, TotalEnergies, and BP — combined to produce an additional 4.9 percent of the year’s global carbon dioxide emissions from fossil fuels, the report adds.

The Carbon Majors database builds on the innovative work published by researcher Richard Heede of the Climate Accountability Institute (CAI) begun in 2013. For the first time, instead of attributing the build-up of industrial carbon dioxide and methane emissions to each of the world’s nations, Heede managed to trace those emissions to 90 specific “carbon major” companies. Last year, the nonprofit think tank InfluenceMap collaborated with CAI to produce major updates to the database — and today’s report marks the first annual update to that report, incorporating global data from 2023.

The year’s top carbon polluters were a mix of investor-owned and state-owned or national companies — but they have one thing in common.

“They’re some of the most obstructive actors towards climate policy,” Emmett Connaire, a senior analyst at the Carbon Majors project and one of the authors of the report, told DeSmog.

“I think it kind of kills the argument from industry that they’re not responsible for their CO2 emissions because we need fossil fuels to grow,” Connaire said, “when they’re the most obstructive and trying to keep up the demand for their products in the face of the overwhelming scientific opinion.” 

Eight of the nine public companies most responsible for carbon emissions in 2023 were “highly active or strategic” in their climate lobbying, the report notes. And their lobbying efforts took aim at regulating climate-altering pollution or sought to impede the energy transition.“ Of these 9 companies, 5 score a D or below, indicating unsupportive positions on climate policy,” the new report finds, citing data from InfluenceMap’s LobbyMap database, which grades companies based on their alignment with the Paris Agreement. “The remaining 4 score only slightly higher at C-.”

Top 10 investor-owned companies: LobbyMap engagement scores.
InfluenceMap gave climate policy lobbying scores to the top 10 investor-owned companies, all oil, gas, and coal firms. Credit: Carbon Majors 2025 report

None of the five top oil companies named in the report immediately responded to a request for comment from DeSmog.

Investor-owned companies aren’t the only ones actively fighting to prevent climate action, the Carbon Majors report notes.

“State-owned companies are even more oppositional to climate regulation globally according to LobbyMap research,” the report finds, listing Saudi Aramco, Russia’s Gazprom, Mexico’s Pemex, and China’s CHN Energy among the worst actors.

“The ‘Carbon Majors’ are keeping the world hooked on fossil fuels with no plans to slow production,” former United Nations climate chief and Paris Agreement architect Christiana Figueres said in a response accompanying the report. “While states drag their heels on their Paris Agreement commitments, state-owned companies are dominating global emissions — ignoring the desperate needs of their citizens.”

A sizable majority — 80 percent — of the year’s 20 worst offenders are state-owned, the report found.

The 2025 Carbon Majors report compared the total CO2 emissions and percentage of total emissions for the top 5 state-owned (Saudi Aramco, Coal India, CHN Energy, National Iranian Oil, Jinneng Group) and top 5 investor-owned (ExxonMobil, Chevron, Shell, TotalEnergies, BP) companies in 2023
State-owned fossil fuel companies dominated global climate emissions in 2023, compared to public companies, the Carbon Majors report noted. Credit: Carbon Majors report 2025

Throughout history, responsibility for driving climate change is concentrated among a strikingly small number of corporations, the report suggests.

Two-thirds of all fossil fuel and cement emissions worldwide from 1750 through 2023 can be traced to just 181 entities, the report finds, adding that one-third of emissions came from just 26 companies.

These findings may have significant legal consequences. During 2024, New York state and Vermont both enacted “Climate Superfund” laws that aim to hold fossil fuel producers and oil refiners responsible for the damage done by their climate-altering products — and the Carbon Majors database is a proposed tool to assess companies’ relative liabilities, according to InfluenceMap. Its earlier findings have been cited in civil lawsuits brought by U.S. cities and counties against fossil fuel producers and an inquiry in the Philippines (which has seen some of the strongest typhoons in recorded history) into corporate responsibility for human rights violations.

The report approaches companies’ contributions to climate change based on production data —  meaning that it focuses on the companies that do the drilling and mining (which helps avoid double-counting, Connaire told DeSmog). Those production figures are self-reported by companies but are widely used by governments to assess taxes and by investors in public companies. That methodology means that, for example, natural gas pipeline companies and natural gas utilities aren’t included in the report’s rankings. 

Nonetheless, natural gas producers figure among the report’s list of all-time top polluters. That includes the former Chesapeake Energy, which first rose to prominence — and some notoriety — during the shale gas fracking boom only to implode into bankruptcy in 2020. Chesapeake later emerged from bankruptcy and has since merged into the newly formed Expand Energy.

As the Carbon Majors database traces emissions throughout history, it accounts for the effects of mergers and acquisitions in the tumultuous oil industry, known for its booms and busts. “For example, the multiple smaller companies into which the Standard Oil Trust was broken up have evolved to become some of the most recognizable companies in the database today,” the report notes. “Some are direct descendants of Standard Oil, like ExxonMobil, with both Exxon and Mobil as descendants separately, and Chevron. Others have resulted from mergers with descendants of Standard Oil, such as BP and ConocoPhillips.”

Top 20 carbon majors entities by emissions, from 1854-2023: Former Soviet Union (1900-1991), China (Coal, 1945-2004), Saudi Aramco, Chevron, ExxonMobil, Gazprom, National Iranian Oil Company, BP, Shell, Coal India, Pemex, China (Cement), Poland (Coal, 1913-2001), CHN Energy, ConocoPhillips, British Coal Corporation (1947-1994), CNPC, Abu Dhabi National Oil Company (ADNOC), Peabody Energy, TotalEnergies
The Carbon Majors database traces the historical cumulative emissions of the top individual entities, such as Chevron or the former Soviet Union, from 1854 through 2023. Credit: Carbon Majors report 2025

It also calls attention to the importance of coal pollution — not just historically, but also in 2023.

“In 2023, coal remained the largest source of emissions, contributing 41.1 percent of emissions in the database,” the new report finds, “continuing a steady increase since 2016.”

Emissions from the cement industry — also a major driver of carbon pollution — increased significantly in 2023, rising 6.5 percent year-over-year, which the Carbon Majors report noted was “the largest relative rise” found. “Four of the five companies with the greatest relative increases in emissions in 2023 were cement companies — Holcim Group, Heidelberg Materials, UltraTech Cement, and CRH — with cement emissions seeing the largest relative rise among the four commodity types.”

Cement producers aren’t the only ones, however. In fact, emissions from most of the top emitters rose in 2023, the Carbon Majors report found. 

“It is truly alarming that the largest fossil fuel companies continue to increase their emissions in the face of worsening natural disasters caused by climate change, disregarding scientific evidence that these emissions are harming us all,” said Tzeporah Berman, founder of the Fossil Fuel Non-Proliferation Treaty Initiative. “It is clearer than ever that dirty private companies, driven by profits and business as usual, will never choose to self-regulate. Governments around the world must use their power to end fossil fuel expansion and transition their economies before fossil fuel companies destroy the planet.”

Original article by Sharon Kelly republished from DeSmog.

Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London.
Greenpeace activists display a billboard during a protest outside Shell headquarters on July 27, 2023 in London. (Photo: Handout/Chris J. Ratcliffe for Greenpeace via Getty Images)
Neo-Fascist Climate Science Denier Donald Trump says Burn, Baby, Burn.
Neo-Fascist Climate Science Denier Donald Trump says Burn, Baby, Burn.
Continue ReadingJust 36 Companies Drove Half the World’s Climate-Altering Emissions in 2023: New Report

Morning Star Editorial: The West won’t rein in Israel, because its savagery is ours

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Original article republished from https://morningstaronline.co.uk/article/west-wont-rein-israel-because-its-savagery-ours

Relatives and friends mourn over the bodies of five Palestinian journalists who were killed by an Israeli airstrike in Gaza City at the Al-Aqsa Hospital in Deir al-Balah, December 26, 2024

ISRAEL bombing the airport in Yemen’s capital Sana’a when World Health Organisation chief Tedros Adhanom Ghebreyesus was actually at it shows a brazen contempt for the United Nations.

It is not new. Israel has expressed this contempt repeatedly. Most dramatically when its ambassador to the UN Gilad Erdan used a miniature shredder to shred the UN Charter after the general assembly voted in favour of giving Palestine full membership in May.

But it is seen too in the bombardment of UN peacekeepers in Lebanon. In the evidence-free assertion that the UN agency for Palestinian refugees UNRWA harbours Hamas fighters and subsequent decree banning the agency from operating in Israel-controlled territory — meaning the whole of Palestine.

Benjamin Netanyahu accuses the United Nations of intrinsic hostility to Israel, calling it an “anti-Israel flat Earth society” which has “an automatic majority willing to demonise the Jewish state.”

The siege mentality is deliberate: only by presenting this fortress state, so extravagantly armed by its Washington sponsors that it can extend its bombing campaigns across Lebanon, Syria and Yemen after over a year of carpet-bombing Gaza, as under constant existential menace can he justify its frenetic aggression.

Enforcing this narrative is why Israel has become more authoritarian in step with its increasing belligerence, codifying institutional racism through measures like the Nation-State Law and pending legislation that could bar parties representing Palestinian citizens of Israel (and the Communist Party of Israel to boot) from standing in elections.

As its suspended communist MP Ofer Cassif warns, there is no positive outcome possible from this vicious cycle: an unendable, unwinnable war against the world will bring Israelis neither security nor peace.

Israel is a rogue state, a danger to itself and others, but it will not be stopped by other rogue states. Just as the agony of the Palestinians continues due to the US policy of unlimited support for Israel, we cannot expect the so-called “free world” to step in on Yemen’s behalf.

Least of all Britain. When evidence of Saudi Arabia deliberately bombing Yemeni schools and hospitals became undeniable, even the United States paused arms sales — but Britain did not.

Expecting our government to be persuaded or even shamed into upholding international law is a fool’s errand.

There is much to criticise in the United Nations: its undemocratic structure, the way the veto power can be wielded to shield perpetrators of war crimes.

Even so, since the beginning of the 21st century a clear division has emerged between the US-led West, awarding itself the right to violate international law by invading, bombing and assassinating whoever it likes, and emerging powers which support the United Nations — a creation of the Allied victory over fascism, intended to prevent the lawless aggression that characterised Nazi Germany and its allies.

China brokered peace in Yemen through a rapprochement between Saudi Arabia and Iran. China continually makes the case too for UN recognition of a Palestinian state, and hosted talks between 14 Palestinian factions last year in an attempt to forge a united Palestinian leadership capable of taking that project forward.

China, like most of the global South, is not happy with an international system designed in Western capitals 80 years ago, and calls for a more equitable international order. Yet China, unlike the Western founders of that system, is acting to uphold its principles and prevent the world descending into the kind of “might is right” violence the UN was supposed to stop.

We need to recognise how the world looks from outside the West. The “rules-based international order” is not threatened by emerging powers, but by the US-led imperialist camp. We don’t rein in Israel, because its violence is ours.

This is why solidarity with Palestine means fighting for peace and disarmament in Britain, and resisting the constant militarist propaganda pretending our country is under threat.

Original article republished from https://morningstaronline.co.uk/article/west-wont-rein-israel-because-its-savagery-ours

Continue ReadingMorning Star Editorial: The West won’t rein in Israel, because its savagery is ours

For decades, governments have subsidised fossil fuels. But why?

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Sobrevolando Patagonia/Shutterstock

Bernard Njindan Iyke, La Trobe University

Even now, decades after we first began trying to avert the worst of global warming, more than 80% of the world’s total energy comes from fossil fuels.

You might think this would make fossil fuel production extremely profitable. But it’s not always the case. Much of the most accessible oil has already been extracted and burned. Many countries want to shore up domestic sources of fossil fuels to boost energy security. Energy price fluctuations and competition from new energy sources such as solar, wind and fossil gas have made it harder for some fossil fuel companies to make money, especially in coal.

This is where fossil fuel subsidies come in. Australia gave A$14.5 billion in subsidies to major fossil fuel producers and consumers in 2023–24 alone.

You might have wondered – why would some of the largest companies on Earth need subsidies? Here’s why.

LNG tanker
Australia’s surging liquefied natural gas industry has been boosted by government funding. KDS Photographics/Shutterstock

Private companies, public money

Globally, private companies dominate fossil fuel production, though fossil fuel-rich nations often have state-owned companies, such as Saudi Arabia’s Aramco and Russia’s Rosneft.

Why would governments give fossil fuel companies money? Many reasons. But the most important is that wealthy countries have historically needed huge volumes of fossil fuels for manufacturing, transport and power. Many countries have some sources of fossil fuels inside their borders, but only a few are self-sufficient. This has enabled fossil fuel giants such as Saudi Arabia to become wealthy beyond belief.

Many governments have used subsidies to boost their energy security and encourage local producers to seek out new sources of coal, gas and oil. These subsidies can make all the difference in making fossil fuel companies competitive internationally. For instance, Canada spent billions on subsidies to boost its oil sands and fracking projects.

Subsidies were essential in the United States’ fracking revolution. Novel approaches to extracting fossil gas and oil – boosted by major tax incentives – turned the US from a major importer of oil and gas into a net exporter by 2019.

You can see why the US did this. At a stroke, it went from being dependent on energy provided by foreign nations to being independent.

Once subsidies are in place, they become very hard to remove. Indonesia’s lavish fuel subsidies now account for 2% of the nation’s GDP. When the national government tried to walk these back, there were riots.

And there’s another reason, too. Fossil fuels are still playing an important role in boosting the economy in most nations. Subsidising them has long been seen as a way to maintain economic growth and stability.

Globally, these subsidies are estimated at a staggering $10.5 trillion each year.

This figure has grown sharply in recent years, after Russia’s invasion of Ukraine. As European nations tried to wean themselves off Russia’s gas, energy prices surged worldwide. In response, some countries introduced new subsidies to support businesses and consumers.

The top-line figure of $10.5 trillion includes two types of subsidy – explicit (meaning real dollars change hands) and implicit (for example, governments building roads and railways to encourage crude oil transport).

Explicit subsidies

Explicit fossil fuel subsidies are direct financial incentives from governments to fossil fuel producers and consumers. These incentives come in different forms, such as tax breaks, direct payments, grants and price controls. All of them aim to reduce the financial burden associated with fossil fuel production and use.

In Australia, explicit subsidies include fuel tax credits and exploration tax reductions. Fossil fuel companies can get subsidies to offset the losses they make during the years it takes to find and begin extracting new fossil fuels.

In the US, oil and gas companies benefit from the oil depletion allowance, which permits them to deduct a percentage of their gross income from oil and gas sales as an expense. They can also claim tax deductions for intangible drilling costs, such as the wages of workers and material needed to find new sources of oil and gas.

China, too, uses direct subsidies, discounted land-use fees, and preferential loans as explicit subsidies to boost coal production and consumption. The national government also supports fossil fuel consumption through direct payments to consumers.

coal miners China
China has used subsidies to encourage exploitation of its large coal resources. zhaoliang70/Shutterstock

Implicit subsidies

Implicit subsidies are often described as “imaginary”. That doesn’t mean they don’t exist, just that they’re not a direct transfer to directly paid to fossil fuel producers.

For instance, the cost of burning fossil fuels is borne by the global community and the natural world, in the form of climate change, damage to human health and other harms. Most fossil fuel companies don’t have to pay a cent for the pollution their products cause – so in effect, they are being granted an indirect subsidy.

Implicit incentives also include government investment in facilities such as transport networks, pipelines, oil refineries and port infrastructure, which will accelerate fossil fuel production and delivery. Think of the Middle Arm development in Darwin, funded by both the federal and territory government.

Why are these subsidies still being paid?

As the world grapples with a worsening climate crisis, fossil fuel subsidies are under great scrutiny.

It’s politically difficult to withdraw subsidies once given. This is why governments around the world have instead begun to give subsidies and tax incentives to green energy developers, including the enormous $500 billion Inflation Reduction Act in the US, the European Union’s Green Deal, and China’s massive subsidies of green technologies such as electric vehicles and solar panels.

The goal here is to make renewable energy and electrified transport steadily more affordable and competitive – just as fossil fuel subsidies did for oil, gas and coal.

Bernard Njindan Iyke, Lecturer in Finance, La Trobe University

This article is republished from The Conversation under a Creative Commons license. Read the original article.

Continue ReadingFor decades, governments have subsidised fossil fuels. But why?