Home As World Burns, Richest Nations Can't Decide When to End Fossil Fuel Handouts
 

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As World Burns, Richest Nations Can't Decide When to End Fossil Fuel Handouts

2016-07-02 16:09:00| Climate Ark Climate Change & Global Warming Newsfeed

Common Dreams: The world's richest nations have failed to agree on a deadline to phase out fossil fuels subsidies--a commitment energy ministers made in 2009--stirring new fears over the impact of the hundreds of billions of taxpayer dollars that go toward keeping dirty energy afloat every year. Energy ministers from the Group of 20 (G20) met in Beijing on Wednesday and Thursday to discuss bringing those subsidies to a close after the Group of 7 (G7), the world's seven wealthiest economies, last month committed...

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