Fossil fuel companies sponsor Australian sports to the tune of $14m-$18m a year, researchers find

The ‘good news’ is this money could be replaced over time as it represents just 3.5% of sponsorship, expert says

Fossil fuel companies spend an estimated $14m to $18m a year sponsoring the top tiers of Australian sport, according to a new report.

The study, prepared by Swinburne University researchers for the Australian Conservation Foundation, argues the money could be replaced over time because it represents only 3.5% of sponsorship investment in 14 of Australia’s top sports.

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(SOURCE) https://www.theguardian.com/australia-news/2022/oct/27/fossil-fuel-companies-sponsor-australian-sports-to-the-tune-of-14m-18m-a-year-researchers-find

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