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G20 states spend $88bn in fossil fuel exploration subsidies: report
2014-11-10 20:51:00| Climate Ark Climate Change & Global Warming Newsfeed
Agence France-Presse: 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 said Tuesday. The report by Britain's Overseas Development Institute think tank said that these subsidies "could drive the planet far beyond the internationally agreed target of limiting global temperature increases to no more than two degrees Celsius". The report was published...
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Category:Electronics and Electrical