What fossil fuel subsidies?
The environmental movement hasn’t responded well to the setbacks it has suffered seen since the failure of the Copenhagen climate conference. The #endfossilfuelsubsidies campaign — trending worldwide on Twitter this morning — is the latest example of their descent. To be clear, fossil fuel subsidies are not a good idea; that is why governments like ours don’t offer them. Fossil fuels are huge cash cows for every western government. When someone fills up their car with petrol, around sixty per cent of the pump price goes to the Exchequer. When an oil company drills in the North Sea and extracts a barrel the amount that the Treasury gets varies but
