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Richest nations fail to agree on deadline to phase out fossil fuel subsidies

2016-07-01 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Washington Post: Energy ministers from the worlds major economies have failed to reach agreement on a deadline to phase out hundreds of billions of dollars in government subsidies for fossil fuels -- subsidies that campaigners say are helping to propel the globe towards potentially devastating climate change. Ministers from the Group of 20 major economies met in Beijing on Wednesday and Thursday, but failed to reach agreement on a deadline, despite Chinese and American efforts and a joint appeal from 200 non-governmental...

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