UK singled out among G20 for bolstering fossil fuel subsidies

clock • 6 min read

New report claims UK is spending £6bn a year to prop up its fossil fuel industry

Just two weeks ahead of a major UN climate summit in Paris, a new report has revealed how the UK is spending almost £6bn a year on subsidies to prop up its increasingly uneconomic fossil fuel sector...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Energy

Study: European grid bottlenecks blocking €100bn of clean energy investment

Study: European grid bottlenecks blocking €100bn of clean energy investment

New analysis warns long grid connection queues are delaying much-needed clean energy investment and hampering efforts to enhance energy security

James Murray
clock 02 June 2026 • 4 min read
Why methane belongs in the UK's Energy Independence Bill

Why methane belongs in the UK's Energy Independence Bill

Statutory measures to reduce methane emissions could both strengthen Britain's energy security and accelerate the shift to clean power, writes Kim O’Dowd from the Environmental Investigation Agency

Kim O’Dowd, Environmental Investigation Agency
clock 02 June 2026 • 3 min read
UK net zero economy tops £105bn and supports 1.1 million jobs

UK net zero economy tops £105bn and supports 1.1 million jobs

UK's burgeoning net zero industries hailed as economic 'powerhouse' following latest study from CBI Economics

Michael Holder
clock 02 June 2026 • 6 min read