G20 governments back fossil fuel companies, undermine climate change efforts

G

20 country governments are providing $452 billion a year in subsidies for the production of fossil fuels.

Their continued support for fossil fuel production marries bad economics with potentially disastrous consequences for the climate.

In effect, governments are propping up the production of oil, gas and coal, most of which can never be used if the world is to avoid dangerous climate change.

It is tantamount to G20 governments allowing fossil fuel producers to undermine national climate commitments, while paying them for the privilege.

Read the Oil Change International story - “Empty promises: G20 subsidies to oil, gas and coal production.”