G20 nations stall on fossil fuel subsidies
As the world’s largest economies met in Japan late last month at the G20 summit, there was little appetite for action on phasing out wasteful fossil fuel subsidies
Tag: fossil fuels subsidy
India’s energy subsidies favour fossil fuels over renewables
Although subsidies to renewables have risen substantially, central government handouts to coal mining and coal-fired electricity continue to be high, which contradicts India’s stated aims on reducing carbon emissions
An inventory of energy subsidies provided by the central government shows the value of incentives has declined substantially to INR 1.3 trillion…Read more
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