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Subsidies Coal Production Boost Emissions, Impede Cleaner Fuels
2015-09-16 06:01:00| Climate Ark Climate Change & Global Warming Newsfeed
Blue and Green: While many G20 nations are showing some commitment to tackling climate change, most are also still spending heavily to subsidize the fossil fuel industry. A new study published today finds that subsidies for thermal coal production in two key supply regions the Powder River Basin (PRB) in the United States and Australia are significant, distorting the market, driving up emissions, and acting as a barrier to entry for cleaner energy sources. The paper shows that scrapping subsidies amounting...
Tags: production
boost
cleaner
coal
Category:Electronics and Electrical