Tag Archive for 'fossil fuel subsidies'

Report criticises governments for global fossil fuel subsidies of over $500 billion per year

November 12th, 2013 by Overseas Development Institute

Just two years ahead of a crucial UN climate change summit, many of the world’s richest countries continue to pour finance into fossil fuel subsidies, with average spending running at US$112 per adult according to a report from the Overseas Development Institute. The report ‘Time to change the game’ notes that fossil fuel subsidies cost […]