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Guardian: Subsidies for fossil fuels amount to $1,000 (£640) a year for every citizen living in the G20 group of the world’s leading economies, despite the group’s pledge in 2009 to phase out support for coal, oil and gas.
New figures from the International Monetary Fund (IMF) show that the US, which hosted the G20 summit in 2009, gives $700bn a year in fossil fuel subsidies, equivalent to $2,180 for every American. President Barack Obama backed the phase out but has since overseen a steep rise in federal......
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G20 countries pay over $1,000 per citizen in fossil fuel subsidies, say IMF
Posted by Washington Post: Juliet Eilperin on August 4th, 2015
Posted in Water Conservation