G20 still paying billions in fossil fuel subsidies
A Greener Life
NOVEMBER 7, 2022
Subsidies reached new highs in 2021, even before Russia’s invasion of Ukraine, a Climate Transparency analysis finds. The G20 group of nations provided nearly US$200 billion in support of fossil fuels in 2021, despite the worsening impacts of the climate crisis and their pledge in 2009 to phase out “inefficient” subsidies.
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