Fossil Fuel Subsidies to Consumers Nearly Doubled in 2021

Despite pledges to phase out inefficient fossil fuel subsidies, the world’s major economies moved to offset rising consumer energy prices in 2021 by nearly doubling consumer supports rather than investing in renewable energy.
— Read on www.theenergymix.com/2022/08/31/fossil-fuel-subsidies-to-consumers-nearly-doubled-in-2021/

How sickening is this, especially our ex-Finance minister now at OECD? Just imagine, if COALition had not cut excise on petrol, even without sensible tail pipe emission regulation, we could now be saving, with less consumption, cleaner exhaust, better performance cars.

About groundswellbasscoast

This is on behalf of local climate change group. Material is selected by Bernie McComb and does not necessarily represent opinion of whole group.
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