Interestingly, they’ve 8m barrels a day with no one to buy them at the moment. Comment was made before the us and eu cut them out of dollar and euro clearing.fourthirtythree wrote: ↑February 25th, 2022, 9:14 am Maybe we should reconsider fossil fuel subsidies as our response to rising costs? Costs have been rising for ordinary people for a decade, it's real estate that is the engine of unaffordability in Ireland, something our government of landlords and real estate investors is incapable of admitting. Kerching.
Hitting the funds in the IFSC would be fun, but it's oil and gas that fuels the Russian economy that Putin relies on. This price rise will make the war almost profitable. Extra half a billion a day with the current price rise. Over 40% of the Russian federal budget is provided by fossil fuel revenues.
And the big three parties in Ireland are in favour of subsidies for fossil fuel.
What subsidies?