Fossil fuel subsidies are falling. But world should not be complacent, warns OECD

Jessica Shankleman
clock • 4 min read

New report shows support measures for fossil fuel industry have dipped slightly in recent years, but still reached up to $200bn between 2010 and 2014

The world's richest countries and fastest-emerging economies subsidised fossil fuels to the tune of between $160bn and $200bn in the four years through to 2014, according to a new OECD report that calls...

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