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G7 must stop propping up doomed fossil fuel industries

2016-05-27 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Climate Home: Today, seven of the worlds most powerful leaders wrote a new chapter in the climate history books when they called on all countries to end fossil fuel subsidies by 2025. Though it may sound familiar the G20 have been making noises about a phase-out since 2009 where the Ise-Shima promise differs is in setting an expiry date. We finally have an endgame for these perverse incentives, and although we could easily get there twice as fast, a yardstick for holding governments to account. Alongside...

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