G20 Poured More Than $1T Into Fossil Fuel Subsidies Despite Cop26 Pledges – Report

Written by on August 23, 2023

The G20 poured record levels of public money into fossil fuels last year despite having promised to reduce some of it, a report has found. The Guardian: The amount of public money flowing into coal, oil and gas in 20 of the world's biggest economies reached a record $1.4tn in 2022, according to the International Institute for Sustainable Development (IISD) thinktank, even though world leaders agreed to phase out âoeinefficientâ fossil fuel subsidies at . . .



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