Ok. We all know that oil and gas subsidies are BAD, mmkay? And that any real progress on climate issues will require a different set of incentives to be applied to extractive companies, like the oil and gas industry.
But... why?
What EXACTLY gets incentivized, when, and how does that help/hurt various parties?
Turns out there are three very particular subsidies that actually are always destructive - in completely different ways - dependent on the price of oil.
Get through the first three paragraphs of nosebleed-inducing graphs and acronyms, and get down to the meat further down in the article. You don't need to understand the detailed mechanicals of the subsidies to see how they play out in the real world examples.
A real gold-mine of good information.
Eye-opening. Practical. Do-able.