TV News LIES

Sunday, Sep 21st

Last update06:41:41 PM 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...


De Blasio Orders a Greener City, Setting Goals for Energy Efficiency of Buildings

De BlasioIn a sweeping effort to reduce its environmental impact, New York City is planning to overhaul...

US will not commit to climate change aid for poor nations at UN summit

Climate changeBarack Obama will not be pledging any cash to a near-empty fund for poor countries at...

Climate change is a global emergency. Stop waiting for politicians to sound the alarm

climate change is a global emergencyThe truth about our planet is horrifying, but the true leaders aren’t the ones at the...

4 Big Activist Events for New York’s Climate Week

Climate week nycThe People’s Climate March in New York City is the centerpiece of the Big Apple's  Climate...
 
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!