Based on data from 176 countries, IMF estimates energy subsidies at $1.9 trillion - equivalent to about 2½ percent of world GDP… Doesn’t even account for unprosecuted negative externalities such as pollution from cheap oil and cheap coal. ▻http://www.washingtonpost.com/business/economy/imf-citing-trillions-in-government-subsidies-calls-for-end-to-mispricing-of-energy/2013/03/27/09957d6e-96e1-11e2-814b-063623d80a60_print.html