Home IMF Want to fight climate change? Get rid of $1.9 trillion in energy subsidies
 

Keywords :   


IMF Want to fight climate change? Get rid of $1.9 trillion in energy subsidies

2013-03-27 20:24:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: What`s the simplest way to tackle global warming? Make sure that fossil fuels are priced properly and not subsidized. Is it really that easy? That`s the core idea behind a large new report (pdf) from the International Monetary Fund, which argues that the world "misprices" fossil fuels to the tune of some $1.9 trillion per year. Eliminating these subsidies, the IMF argues, and replacing them with appropriate carbon taxes could cut global greenhouse-gas emissions by 13 percent, curtail air pollution,...

Tags: change energy fight rid

Category:Electronics and Electrical

Latest from this category

All news

»
27.11
27.11240
27.11 C.J.Date
27.11VR7001
27.11BEAST
27.11
27.11
27.11 112
More »