Claim 3: “Fossil fuel markets are highly competitive”. If, as it appears, his yardstick is subsidies, he really needs to do some research. Globally, the IMF states, explicit subsidies for fossil fuels were $725 billion in 2024. Implicit subsidies were $6.7 trillion. www.imf.org/en/publicati...

Underpriced and Overused: Foss...