I don’t know how many G20 leaders will have time to read the FT website today, but they should. The paper’s editorial is nothing short of staggering.
It starts by stating “As addictions go, the world’s addiction to fossil fuels is a killer.”
Coming from the mouthpiece of one of the world’s financial capitals, which is still [...]

So the political road-show moves from the UN up to the G20 at Pittsburgh, where climate and the banking crisis will be on the table.
And so will a discussion about ending fossil fuel subsidies.
For years campaigners have been arguing for the ending of the tax breaks and other incentives given to the fossil fuel lobby [...]

Who would be an oil baron these days?
Profits are down, the oil price is bouncing depressingly around in the mid-forties, reserves are running dry, and the promised land of tar sands is not looking that promising after all.
And the global economy is going down the pan, so demand for your product is likely to be [...]

Relying exclusively on the World Bank’s own figures, a new analysis shows World Bank Group lending to coal, oil and gas is up 94% from 2007, reaching over $3 billion.  Coal lending alone has increased an astonishing 256% in the last year.
This is the same World Bank that would like to lead - and control [...]

I had just started to draft a blog about this when I caught Joe Romm’s excellent post on the same topic. Over to you, Joe: Or, jump directly to the Energy Information Administration’s report.