According to the International Monetary Fund: "Governments around the world will subsidise the cost of oil, gas and coal to the tune of US$5.3 trillion this year".
http://www.ft.com/intl/cms/s/0/7c651...#axzz3pfpE6EaZ
To put that in perspective, "for all people on earth to have access to fresh water would cost US$190 billion, US$370 billion could cover universal access to sanitation, and US$430 billion could finance access to electricity".
Fossil fuel subsidies? Or water, power, sanitation for all | Assemble Papers


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