Monbiot's audit trail
Feb 3, 2016
Bishop Hill in Economics, Media

What is that old saying about repeating a lie often enough? George Monbiot is having a bit of rant in the Guardian today on the subject of (alleged) fossil fuels subsidies. It's the usual nonsense that redefines everything that greens are against as a "subsidy".

In his support, our George cites the IMF:

Already, according to the International Monetary Fund, more money is spent, directly and indirectly, on subsidising fossil fuels than on funding health services. 

If you follow the trail through his link you end up at the IMF's website and a working paper by Coady et al. However, before you read it, it's hard not to notice the disclaimer, in bold, which reads:

This Working Paper should not be reported as representing the views of the IMF.

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