Posts in fossil fuel subsidies
- G20 leaders first pledged to end fossil fuel subsidies back in 2009. Almost six years later, and despite reiterating that vow each and every year, they have precious little to show for it.
- As another round of UN climate negotiations wraps up today in Bonn, expectations are taking shape for the end of the year Paris conference where countries will have yet another chance to prove they are ready to take on one of the world’s greatest challenges. Nobody (with the possible exceptions of Canada, Australia, and Japan...
Continue reading '#StopFundingFossils'.
- New analysis released today by Oil Change International shows that, despite repeated calls for urgent action on climate change, the World Bank Group increased funding for fossil fuels in its last fiscal year. This increase comes during the first full fiscal year following the World Bank’s announced commitment to limit coal financing due to climate concerns.
- The UN climate talks are nearing the final hours and one of the major sticking points is finance. Well, we're here to tell governments there's plenty of money available if they look in the right place.
- Public support for fossil fuel exploration in rich countries is nearly triple the amount pledged to the Green Climate Fund.
- G20 countries are estimated to be spending $88 billion every year subsidising exploration for fossil fuels. This new report documents, for the first time, the scale and structure of fossil fuel exploration subsidies in the G20 countries.
- A new report by the Overseas Development Institute and Oil Change International has found that governments are still spending a whopping $88 billion every year supporting fossil fuel exploration.
- From tar sands refinery subsidies in Whiting, Indiana and cash-strapped Detroit to petcoke covering the neighborhoods of Southeast Chicago, this subsidy spotlight explores the human impact of government subsidies gone haywire.
- Enbridge is side-stepping environmental regulations and corporate taxes in attempts to increase Canadian tar sands exports through the United States.
- From the Wyoming coal mines, to the gasification plant in Penwell, to the oilfields of the Permian Basin -- this subsidy spotlight explores the human impact of government subsidies gone haywire.
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