Fossil fuel subsidies need global reform, say experts

Fossil fuels still receive most of the international government support provided to the energy sector despite their "well-known environmental and public health damage," according to new research from Rice University's Baker ...

Fuel subsidies defy green trend amid rising climate alarm

Even as warnings of climate catastrophe and calls for greener economies grow ever louder, the world is still spending hundreds of billions of dollars every year to subsidise the fossil fuels that are causing the planet to ...

America can afford a Green New Deal – here's how

U.S. Rep. Alexandria Ocasio-Cortez and Sen. Ed Markey are calling for a "Green New Deal" that would involve massive government spending to shift the U.S. economy away from its reliance on carbon.

New research urges a rethink on global energy subsidies

The hidden toll that subsidies for electricity, fossil fuels, and transport have on social welfare, economic growth and technological innovation needs to be exposed through better research says a new paper in Ecological Economics ...

G20 states spend $88bn in fossil fuel exploration subsidies

Leading world economies are spending $88 billion (71 billion euros) a year in fossil fuel exploration subsidies, sapping investment from low-carbon alternatives and increasing the risk of "dangerous climate change", a report ...

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