TV News LIES

Saturday, Aug 29th

Last update01:20:30 AM GMT

You are here News Environment Fossil fuel subsidies in focus at climate talks

Fossil fuel subsidies in focus at climate talks

E-mail Print PDF

Climate talksQatar - the host of U.N. climate talks that entered their final week Monday - is among dozens of countries that keep gas prices artificially low through subsidies that exceeded $500 billion globally last year. Renewable energy worldwide received six times less support - an imbalance that is just starting to earn attention in the divisive negotiations on curbing the carbon emissions blamed for heating the planet.

"We need to stop funding the problem, and start funding the solution," said Steve Kretzmann, of Oil Change International, an advocacy group for clean energy.

His group presented research Monday showing that in addition to the fuel subsidies in developing countries, rich nations in 2011 gave more than $58 billion in tax breaks and other production subsidies to the fossil fuel industry. The U.S. figure was $13 billion.

The Paris-based Organization for Economic Cooperation and Development has calculated that removing fossil fuel subsidies could reduce carbon emissions by more than 10 percent by 2050.

More...


Most Recent Related Stories...


Another Huge Sewage Spill, Another Beach Closure In Hawaii

Sewage spill in Hawaii- For the second time in a week a popular Hawaii beach was closed Thursday after...

Extreme Arctic sea ice melt forces thousands of walruses ashore in Alaska

walruses forced on shoreThe extreme loss of Arctic sea ice due to climate change is forcing thousands of walruses...

NASA: Sea Level Rise Likely To Get Much Worse

Sea level riseSea levels worldwide rose an average of nearly 3 inches (8 cm) since 1992, the result...

Radioactive waste found in St. Louis residential area

St. Louis radiationThe Army Corps of Engineers has found radioactive nuclear weapon waste in residential lots along a...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!