As the COP21 summit looms, all sort of interesting data points are emerging: today, Quartz revealed that China, Russia, Saudi Arabia, Brazil and Mexico top its list of biggest spenders on subsidising fossil fuel production in absolute terms. The US is also a big player – but not as much as you might think. Brazil and Mexico almost tie fourth equal at $246 and $233 per capita. The UK ranks at the tenth biggest fossil-fuel subsidy spender globally in gross terms, and sixth in per capita terms.
As the COP21 summit looms, all sort of interesting data points are emerging: today, Quartz revealed that China, Russia, Saudi Arabia, Brazil and Mexico top its list of biggest spenders on subsidising fossil fuel production in absolute terms. However, on a population spend per capita basis, the list looks very different, with Saudi Arabia on top spending $1,850/capita on fossil fuel subsidies per annum, followed by Russia at $555/capita and then South Korea at $446. Brazil and Mexico almost tie fourth equal at $246 and $233 per capita. The UK ranks at the tenth biggest fossil-fuel subsidy spender globally in gross terms, and sixth in per capita terms.