We Pay $1.7 Trillion a Year to Keep Using Gasoline, a Study Shows

We Pay $0.8 Trillion a Year to Keep Using Gasoline, a Study Shows 1 photo
We all know that pollution and global warming are the greatest issues mankind is dealing with at the moment, but when we think of it money wise it really starts to look dreadful. A recent study shows that air pollution costs $1.7 trillion (EUR 1.25 trillion) a year in healthcare and premature deaths.
The study was made by the Organisation for Economic Cooperation and Development (OECD), an international economic forum of 34 countries founded in 1961 to stimulate economic progress and world trade. According to the numbers, air pollution costs OECD countries $1.7 trillion (EUR 1.25 trillion) every year. This number summs up to a 3 million people killed across the world every year.

The report shows that the most harmful emissions come from diesel engines, so the OECD wants governments to remove incentives to buy them. Another suggestion they have is for the local administration to support the expanding urban bicycle sharing and the electric car programmes, as well as introducing more charges for the use of roads.

As a matter a fact, OECD found that air pollution costs $1.4 trillion (EUR 1.03 trillion) in China and $0.5 trillion (EUR 0.37 trillion) in India, alone. We recently wrote about China’s struggle with their big problem with the smog they have in the big cities around the country.

The Chinese Government has announced that 5 million vehicles will be taken off the road this year, after the world’s most populous country failed to meet official pollution-reduction goals for 2011-2013.
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