Subsidized natural resource consumption
- Hindrance of sustainable development by government subsidies
- Overconsumption through virgin materials subsidies
- Public subsidization of environmental pollution
Incidence
The USA subsidizes conventional energy forms several times more than new, renewable, and non-polluting forms. Subsidies for fossil fuels and nuclear energy amounted to many billions of dollars a year during the 1980s, whereas support for renewables dwindled to $114 million. Globally, subsidies that foster the overuse of soils, water, timber, pesticides, and land resources are estimated exceed $1 trillion a year, or almost one twentieth of the global economy.
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Strategy
Value
Reference
SDG
Metadata
Database
World problems
Type
(F) Fuzzy exceptional problems
Subject
Amenities » Consumption
Commerce » Finance
Development » Sustainable development » Sustainable development
Environment » Environment
Government » Government
Government » Public
Resources » Resources
Societal problems » Impediments
Societal problems » Pollution
Content quality
Yet to rate
Language
English
Last update
Nov 22, 2022