TV News LIES

Monday, Jun 27th

Last update05:20:13 AM GMT

You are here News Environment Fossil fuel subsidies in focus at climate talks

Fossil fuel subsidies in focus at climate talks

E-mail Print PDF

Climate talksQatar - the host of U.N. climate talks that entered their final week Monday - is among dozens of countries that keep gas prices artificially low through subsidies that exceeded $500 billion globally last year. Renewable energy worldwide received six times less support - an imbalance that is just starting to earn attention in the divisive negotiations on curbing the carbon emissions blamed for heating the planet.

"We need to stop funding the problem, and start funding the solution," said Steve Kretzmann, of Oil Change International, an advocacy group for clean energy.

His group presented research Monday showing that in addition to the fuel subsidies in developing countries, rich nations in 2011 gave more than $58 billion in tax breaks and other production subsidies to the fossil fuel industry. The U.S. figure was $13 billion.

The Paris-based Organization for Economic Cooperation and Development has calculated that removing fossil fuel subsidies could reduce carbon emissions by more than 10 percent by 2050.

More...


Most Recent Related Stories...


Study Links 6.5 Million Deaths Each Year to Air Pollution

6.5 million die from air pollutionA sobering report released on Monday by the International Energy Agency says air pollution has become...

Pink Snow Looks Awesome, But Is Another Climate Change Indicator

Pink snow sign of climate changeSome call it pink snow, some call it watermelon snow — and now, a new study...

In West Virginia, a flood that will go down in history

W Virginia historic floodWest Virginia communities have been devastated by floods that killed at least 24 people and rendered...

29,400 Barrels of Crude Oil Spill in California

Oil pipeline spill in CaliforniaSouthern California authorities have revised the estimated size of a crude oil pipeline spill down to...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!