Climate Central/Reuters: G20 Spending on Fossil Fuels Dwarfs Renewables

Climate Central/Reuters:

The G20 countries spend almost four times as much to prop up fossil fuel production as they do to subsidize renewable energy, calling into question their commitment to halting climate change, a think tank said.

The G20 spent an average $78 billion on national subsidies delivered through direct spending and tax breaks in 2013 and 2014, according to a report from the Overseas Development Institute (ODI).

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