Home › G20 states spend US$88b in fossil fuel exploration subsidies: Report
 

Keywords :   


G20 states spend US$88b in fossil fuel exploration subsidies: Report

2014-11-10 18:40:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Leading world economies are spending US$88 billion a year in fossil fuel exploration subsidies, sapping investment from low-carbon alternatives and increasing the risk of "dangerous climate change", a report said on Tuesday (Nov 11). The report by Britain's Overseas Development Institute think tank said that these subsidies "could drive the planet far beyond the internationally agreed target of limiting global temperature increases to no more than two degrees Celsius". The report was published in...

Tags: report states spend fuel

Category:Electronics and Electrical

Latest from this category

All news
»
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Shoppers warned over luxury advent calendar scams
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
More »