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G-20 Subsidizing Fossil Fuels by $452 Billion, Research Shows

As leaders of the Group of 20 major economies gather in Turkey for the 2015 summit, campaigners are calling on them to stick to their pledge to stop subsidizing fossil fuels. With the Paris climate summit set for the end of the month, they say it is vital that the world’s richest nations show leadership in combating carbon dioxide emissions. In 2009, G-20 members pledged to end subsidies for fossil fuels in the form of direct grants or loans, tax breaks or price supports. Shelagh...

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