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fossil fuel subsidies

How the UK and other top economies 'dramatically' cut public finance for overseas fossil fuels

Investment

How the UK and other top economies 'dramatically' cut public finance for overseas fossil fuels

Although IISD warns almost 40 governments and financial institutions signed up to Clean Energy Transition Partnership are still failing to ramp up overseas clean energy support

clock 28 August 2024 • 5 min read
There is no room for countries to finance new oil and gas projects

Politics

There is no room for countries to finance new oil and gas projects

If climate finance is to deliver, we need to be thinking more about ending fossil finance, not just green finance, writes former Conservative MP Chris Skidmore

clock 02 May 2024 • 10 min read
'The G20 has failed to deliver': Study slams continued increase in fossil fuel subsidies

Climate change

'The G20 has failed to deliver': Study slams continued increase in fossil fuel subsidies

New Climate Transparency report reveals fossil fuel production subsidies surged to highest levels on record in 2021

clock 21 October 2022 • 4 min read
'Roadblock to a sustainable future': How global fossil fuel subsidies almost doubled to $697bn in 2021

Energy

'Roadblock to a sustainable future': How global fossil fuel subsidies almost doubled to $697bn in 2021

IEA and OECD reiterate calls for governments to shift investment away from fossil fuels and towards low carbon energy as 'only lasting solution to global energy crisis'

clock 30 August 2022 • 4 min read
G7 nations pledge to deliver near-zero carbon electricity grids by 2035

Policy

G7 nations pledge to deliver near-zero carbon electricity grids by 2035

But draft proposal to set hard deadline for phase out of coal-powered electricity is struck from final version of agreement

clock 27 May 2022 • 6 min read

Energy

Ending toxic fossil fuel subsidies

Ending fossil fuel subsidies offers G7 members the chance to help the planet and benefit their economic future, writes explorer Bertrand Piccard of the Solar Impulse Foundation

clock 11 June 2021 • 3 min read

Policy

'Climate Day': President Biden sets course for 'climate neutrality' with raft of executive actions

New actions aim to reorient US energy policy towards clean power sources, while directing federal agencies to procure clean energy and zero-emissions vehicles

clock 27 January 2021 • 2 min read

Politics

Report: UK accused of racking up £12.8bn in annual fossil fuels support

Analysis claims UK continues to plough billions of pounds into fossil fuel sector despite government's ambitions of being a world leader on climate action

clock 10 November 2020 • 3 min read

Automotive

UK electric car sales surge despite bleak period for car market, figures show

Pure electric vehicle sales are up 664 per cent since 2016 while diesel sales are down 75 per cent through the same period, according to SMMT

clock 06 October 2020 • 3 min read

Politics

Global climate strategies 'don't add up': Greta Thunberg hits back at White House critics

Teenage activist claims 'it doesn't take a college degree in economics' to realise world is on course to blow a hole in 1.5C carbon budget

clock 23 January 2020 • 2 min read
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