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G20 fails to curb fossil fuels

 The Guardian · All headlines · 10/11 15:13 · 57

Subsidies rise to $470bn despite deal to phase them out Fossil fuel subsidies worldwide rose to least $470bn in 2010, according to analysts at the OECD and the International Energy Agency. In 2009, G20 member countries agreed to cut fossil fuel subsidies, to foster green growth and to avoid encouraging overconsumption. But the subsidies i...
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