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oil provide. At the same time, this prominent positioning of the trade has restricted innovation, elevated inertia, and created resistance to vary.Reference Bismuth and Castellani 24 A good place to begin for gaining a perspective on the fossil fuel supply chain is to take a short historical have a look at the origins of this industrial sector. Section “Fossil fuel subsidies” takes a have a look at the massive authorities subsidies that fossil gasoline industries obtain. The International Monetary Fund calculates that roughly 6.5% of the global GDP was spent in 2015 to subsidize fossil fuels. This does not embrace the producer subsidies, which embrace direct

 

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