I missed this last night.
In fact, we """subsidize""" many things . . . and we do so for a reason.

Meanwhile, these are the companies paying the most in US taxes:

1. ExxonMobil
• Income tax expense: $31.05 billion
• Earnings before taxes: $78.73 billion
• Revenue: $428.38 billion
•1-year share price change: 6.56%
• Industry: Oil and gas

2. Chevron
• Income tax expense: $20.00 billion
• Earnings before taxes: $46.33 billion
• Revenue: $222.58 billion
• 1-year share price change: 9.52%
• Industry: Oil and gas

3. Apple
• Income tax expense: $14.21 billion
• Earnings before taxes: $55.96 billion
• Revenue: $164.69 billion
• 1-year share price change: -20.68%
• Industry: Computer hardware

4. Wells Fargo
• Income tax expense: $9.10 billion
• Earnings before taxes: $28.47 billion
• Revenue: $79.45 billion
• 1-year share price change: 16.77%
• Industry: Banks

5. Wal-Mart
• Income tax expense: $7.98 billion
• Earnings before taxes: $25.74 billion
• Revenue: $469.16 billion
• 1-year share price change: 21.87%
• Industry: Supermarkets

6. ConocoPhillips
• Income tax expense: $7.94 billion
• Earnings before taxes: $15.42 billion
• Revenue: $60.35 billion
• 1-year share price change: -22.86%
• Industry: Energy exploration and production

7. JPMorgan
• Income tax expense: $7.63 billion
• Earnings before taxes: $28.92 billion
• Revenue: $91.66 billion
• 1-year share price change: 24.30%
• Industry: Financial services

8. Berkshire Hathaway
• Income tax expense: $6.92 billion
• Earnings before taxes: $22.24 billion
• Revenue: $162.46 billion
• 1-year share price change: 31.01%
• Industry: Asset management

9. IBM
• Income tax expense: $5.30 billion
• Earnings before taxes: $21.90 billion
• Revenue: $104.51 billion
• 1-year share price change: 7.57%
• Industry: IT consulting

10. Microsoft
• Income tax expense: $4.57 billion
• Earnings before taxes: $20.03 billion
• Revenue: $72.93 billion
• 1-year share price change: -12.04%
• Industry: Software

quote:
in fact, studies have looked at the global subsidization of fossil fuels and found a staggering figure: over 5 trillion globally in 2015.

There simply is no truth to the claims here. None. In addition to US tax citings above, the UK oil and gas industry pay over twice their normal corporate tax rate. None of that includes other assorted assessments such as gasoline tax. The $5Trillion claim is just bizarre.