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Morocco Bids to Axe Fossil Fuel Subsidies in Climate Pledge

2015-06-08 14:56:00| Climate Ark Climate Change & Global Warming Newsfeed

RTCC: Morocco, a desert kingdom that imports 90% of its energy, vowed to slash fossil fuel subsidies as its delivered its carbon-cutting pledge on Friday. The first Arab country to submit an "intended nationally determined contribution" in the UN lexicon, it will target up to a 32% cut in 2030 greenhouse gas emissions from business-as-usual levels. Slashing subsidies for oil and gas will be one of four main levers in overhauling its dirty energy sector, together with boosting renewables and ramping...

Tags: fuel bids climate morocco

Category:Electronics and Electrical

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