Monday, July 31, 2017

HEAL--Oil and Gas Subsidies Costing Billions in Health Care Costs

A report out by the Health and Environmental Alliance (HEAL) showa that subsidies to the oil and gas industry create 6 times that amount in health care costs to its people. It does not make economic sense.

World governments make citizens pay billions to destroy their own health

● New HEAL report shows how fossil fuel subsidies support an industry that causes premature deaths, ill-health and huge health costs worldwide, in stark contrast to Paris Agreement
● Health costs associated with fossil fuels are over six times higher than subsidies: 2,758 billion vs 444 billion USD
● HEAL urges policymakers to end fossil fuel subsidies for the sake of health, using freed public funds instead to support healthy energy or health care investments 

Brussels, 27 July 2017 11 am CEST – The Health and Environment Alliance (HEAL) has launched the report Hidden Price Tags: How ending fossil fuel subsidies would benefit our health providing the first-ever comparison of fossil fuel subsidies and the costs to health associated with air pollution from fossil fuels. 

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