1. World problems
  2. Subsidized natural resource consumption

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.

Broader

Narrower

Aggravates

Aggravated by

Strategy

Value

Pollution
Yet to rate
Hindrance
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Reference

SDG

Sustainable Development Goal #12: Responsible Consumption and ProductionSustainable Development Goal #15: Life on LandSustainable Development Goal #17: Partnerships to achieve the Goal

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
     Yet to rate
    Language
    English
    Last update
    Nov 22, 2022