The IMF’s “shocking” estimate of fossil fuel costs: There’s more to the story
Sajai Jose Credit: CGP Grey/Flickr, CC-BY 2.0 Recently, when an International Monetary Fund research paper revealed that the actual cost of fossil fuel usage for 2015 was a staggering US$ 5.3 trillion (approx. 340 lakh crore rupees), it made headlines worldwide, though it went largely unreported in India. What accounts for the bulk of this figure are the hidden…
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