Get the facts straight
Governments push heavily subsidized renewables, but fossil-fuel use continues to increase even faster.
Published by Republic World
Published by Wall Street Journal
The developed world’s response to the global energy crisis has put its hypocritical attitude toward fossil fuels on display. Wealthy countries admonish developing ones to use renewable energy. Last month the Group of Seven went so far as to announce they would no longer fund fossil-fuel development abroad.
Published by Globe and Mail
Phasing out fossil fuel subsidies is an obvious target for the world’s next development goals.
The world spends $548 billion subsidizing fossil fuels, mostly in developing countries. A disproportionate share of the subsidies goes to the middle class and the rich – after all, they are the ones who can afford a car in poor countries.