Fact Check: Is climate change a scam to transfer taxpayer money to renewable energy interests?

Media Bias Fact Check (MBFC) publishes daily vetted fact checks from verified IFCN-approved sources. Each claim is independently reviewed for accuracy and context.


Claimant: Social Media


Claim: “Climate change is a scam designed to transfer taxpayer money to renewable energy interests.”


Rating: BLATANT LIE


Explanation: Government data shows G20 countries spent far more supporting fossil fuels than renewables in 2023, with $535 billion for fossil fuels compared with $168 billion for renewables.


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Date: 05/20/2026


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Last Updated on May 20, 2026 by Media Bias Fact Check