G20 Governments are Spending $88B Each Year to Explore for New Fossil Fuels. Imagine if Those Subsidies Went to Renewable Energy?

DeSmogBlog
By Chris RoseNov 13, 2014, 4:02 pm93 pts
Rich G20 nations are spending about $88 billion (USD) each year to find new coal, oil and gas reserves even though most reserves can never be developed if the world is to avoid catastrophic climate change, according to a new report. Generous government subsidies are actually propping up fossil fuel exploration…

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