Massive subsidies to oil companies continue

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Oil companies are some of the most profitable corporations in the world. Yet they receive between 20 and 40 billion dollars a year in subsidies, according to a report produced for the OECD by Earth Track, an independent energy information research organisation in Boston, Massachusetts.

Stephen Leahy is an environmental journalist based in Uxbridge. His article on subsidies to oil companies appeared recently on Straight Goods, the Canadian online news magazine.

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