Explainer: Global fossil fuel subsidies on the rise despite calls for phase-out
- Bias Rating
- Reliability
20% ReliableLimited
- Policy Leaning
50% Medium Right
- Politician Portrayal
6% Negative
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Bias Score Analysis
The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
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Policy Leaning Analysis
Politician Portrayal Analysis
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Contributing sentiments towards policy:
63% : Coal dominates India's electricity production and the country is one of the world's top producers.53% : The world's top seaborne exporter of diesel and third largest producer of oil spent $420 billion on fossil fuel subsidies last year, according to the IMF.
50% : At least 230 temporary subsidy measures were taken by governments across the EU last year, according to a European Commission report, after Russia cut gas supplies to the region.
49% : The Joint Committee on Taxation, a nonpartisan panel of Congress, has estimated that eliminating it could generate $13 billion over a decade.
49% : These include payments to oil refineries to compensate them for selling fuel on the domestic market instead of exporting it for a higher prices.
43% : At this year's climate gathering in Dubai, EU countries will be looking to harden the COP26 deal to phase out the subsidies by pushing for a deadline of 2030 to get it done, but it is unclear how much support the proposal will gain.
40% : EU governments were among those that have increased support for fossil fuels since Glasgow, mainly as a response to energy security concerns following Russia's invasion of Ukraine.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.