BusinessGreen: Average fossil fuel subsidies in the world's richest countries have reached $112 per person, draining national treasuries while undermining international efforts to avert dangerous climate change, according to an influential think tank.
The Overseas Development Institute (ODI) will today publish a new report arguing that fossil fuel subsidies are costing the 34 OECD countries between $55bn and $90bn a year, with the highest level of subsidies in Russia, the United States, Australia, Germany and...