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US and China reveal how phasing out 'inefficient' fossil fuel subsidies is easier said than done

Oil and commodities
  • James Murray
  • James Murray
  • @James_BG
  • 20 September 2016
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Data gaps in China and political opposition in the US mean efforts to phase out fossil fuel subsidies continue to face significant challenges

The pledge to phase out 'inefficient' fossil fuel subsidies has become a perennial feature of international meetings, with both the G7 and the G20 both repeatedly asserting their desire to bring an end...

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