Collateral damage in the energy transition: government revenue

As the world shifts to a greener future, the fossil fuel industry is often quick to point out that communities reliant on oil, gas and coal production risk being left in the lurch.

Publisert: Oppdatert:

Between 2015 and 2020 fossil fuels generated a whopping $138bn annually for localities, states, tribes, and the federal government in the US, the paper finds. That’s more than the GDP of Kuwait.
Between 2015 and 2020 fossil fuels generated a whopping $138bn annually for localities, states, tribes, and the federal government in the US, the paper finds. That’s more than the GDP of Kuwait. (Foto: Angus Mordant/Bloomberg)