Global fossil fuel subsidies 2010-2021, by fuel type
Government support for fossil fuels in the form of subsidies nearly doubled in 2021, totaling 697.2 billion U.S. dollars worldwide. Petroleum accounted for the largest share of this total, at 302.7 billion U.S. dollars in subsidies. While fossil fuels subsidies saw a decreasing trend between 2010 and 2020 as governments pursued international climate goals, 2021 brought higher energy consumption and increased government efforts to protect consumers from surging energy prices.
