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Call to stop fossil fuel subsidy (BBC) {worldwide} [View All]

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eppur_se_muova Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-09-10 01:54 PM
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Call to stop fossil fuel subsidy (BBC) {worldwide}
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By Roger Harrabin
Environment analyst

A global energy think tank has urged nations to stop subsidising fossil fuels as soon as possible.

It says that last year governments, mainly in the developing world, spent $312bn subsidising coal oil {sic}, gas and coal.

This was even though they agree these fuels cause climate change.

The International Energy Agency says removing the subsidies would be the quickest way to control the soaring demand for energy.

It would also cut CO2 emissions by 5.8%
***
more: http://www.bbc.co.uk/news/science-environment-11718304

http://www.worldenergyoutlook.org/


I'm sure that's meant to be "oil, gas, and coal" -- "coal oil" is ancient technology.
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