The contrast could not have been greater. Over the weekend, speaking on the eve of the G20 summit in Hangzhou, history was made as President Obama and Chinese President, Xi Jinping, announced that the world’s biggest emitters of greenhouse gases would formally ratify the Paris agreement on climate change.
Day: September 5, 2016
G20 leaders fail to act on fossil fuel subsidies, undermining Paris climate goals
FOR IMMEDIATE RELEASE September 5, 2016 Contact: Alex Doukas, alex [at] priceofoil [dot] org G20 leaders fail to act on fossil fuel subsidies, undermining Paris climate goals In response to the statements on fossil fuel subsidies in the G20 Leaders’ Communique, which fail to establish a deadline for the phase out of subsidies, Oil Change International has … Read More
Fossil fuel subsidies are “the world’s dumbest policy” – so why won’t G20 leaders end them?
Today, G20 leaders in China again failed to set a deadline to end fossil fuel subsidies, seven years after they first committed to ending them. Even as G20 governments move to ratify the Paris Agreement on climate change, they’re adding fuel to the fire by dumping $444 billion of our money into polluting fossil fuel companies every year, undermining the spirit … Read More