Suppose for the sake of this question that all of the emissions that contribute to global warming come from the combustion of coal, gas and oil. It is estimated that there are about $1 trillion per year in subsidies showered on the fossil fuel sector. These subsidies take many forms, but for the sake of simplicity and this question, assume that governments around the world pay direct subsidies to fossil fuel producers.

With a brief explanation, demonstrate that all of these subsidies might have a small-to-negligible impact on global warming,