ADVERTISEMENT

Fossil fuel subsidies "dwarf" support for renewables

BusinessGreen.com staff
clock 03 August 2010 •

New analysis shows that government support for fossil fuel industry is about 10 times that offered to renewable energy firms

Despite repeated pledges to phase out fossil fuel subsidies and criticism from some quarters that government support for renewable energy technologies is too generous, global subsidies provided to renewable...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no-strings trial

Join now

 

Already a BusinessGreen
member?

Login

ADVERTISEMENT
Most read
01

Report: Fossil fuels' share of final energy mix same now as 10 years ago

16 June 2021 • 4 min read
02

'Net zero doesn't solve the problem': Five key lessons from the CCC's climate risk assessment

16 June 2021 • 12 min read
03

Study: Net zero emissions can be reached by 2050 at 'low cost'

22 June 2021 • 4 min read
04

Honda pulls the plug on Clarity hydrogen car

21 June 2021 • 3 min read
05

UK Infrastructure Bank launches with plan to drive investment in net zero transition

17 June 2021 • 5 min read

More on Energy

The FCA is one of the Bank of England's thee financial regulatory bodies | Credit: iStock
Risk

FCA moves to expand climate risk reporting rules for UK investors

Financial Conduct Authority consults on expanding TCFD risk disclosure rules to cover asset managers, life insurers, and regulated pension providers

Michael Holder
Michael Holder
clock 23 June 2021 • 3 min read
BusinessGreen's recent roundtable, sponsored by E.ON, saw a raft of major firms explore how to enact net zero energy/technology strategies
Energy

Do businesses really view energy as a priority?

Once net zero targets are set, how can firms accelerate their decarbonisation journey without getting stuck in a logistical nightmare when it comes to the green energy challenge?

E.ON
clock 23 June 2021 • 2 min read
'Green Additional Borrowing': TSB debuts new green mortgage offering
Investment

'Green Additional Borrowing': TSB debuts new green mortgage offering

Banking giant launches specific new service designed to help homeowners fund green upgrade work

Jo Carnegie
clock 23 June 2021 • 2 min read