Do fossil fuels get $7 trillion in subsidies?

As part of their mandate to stop 'waste, fraud and abuse' in federal government spending, DOGE, the department of Government Efficiency, made large cuts to the amount of money the US spent on foreign aid. The task force, headed by Elon Musk, effectively dismantled the US's larges ...  Show more

Earlier this year, South African-born tech tycoon Elon Musk briefly became the world’s first dollar trillionaire. This prompted loyal listener Stephen to email the More or Less team, to ask us to investigate something his daughter had been pondering: For all Musk’s vast wealth, w ...  Show more

In 2009, the G20 countries pledged to phase out 'inefficient' fossil fuel subsidies, which have long been seen as an obstacle to fighting climate change. But today, subsidies for oil and gas producers are at record levels -- $64 billion in 2021. It’s not just to do with the war i ...  Show more

We’ve been told that big finance is crucial to the transition to net zero, and billions of dollars are invested in so-called sustainable finance every year. But the BBC’s Climate Editor Justin Rowlatt, together with the Bureau of Investigative Journalism, have been looking into a ...  Show more

Wealthy nations belatedly met their goal of sending billions of dollars in climate aid to developing countries. And now, they’re gearing up again to negotiate the next amount of funding they are willing to give, which will likely be a tougher task because the cost of fighting cli ...  Show more

The U.S. is spending billions on carbon capture as a climate solution, but is it realistic? The method has been around for 50 years and used primarily as a way to extract more oil. To find out how and if carbon capture can work as a climate solution, Akshat speaks with Emily G ...