Rich countries are still wasting billions on subsidies for fossil fuels

Grist
By David RobertsNov 11, 2014, 4:20 pm28 pts
Five years ago, at one of their annual meetings, the G20 countries — the biggest economies in the world — pledged to phase out fossil fuel subsidies. So naturally, today, the G20 countries are spending $88 billion a year subsidizing exploration for new fossil fuels. Sigh. That’s the…

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