22 April 2015
Governments Call for Eliminating Fossil-Fuel Subsidies
17 April 2015: A communiqué signed by the members of the Friends of Fossil Fuel Subsidy Reform group calls for countries to prioritize the phase-out of fossil-fuel subsidies ahead of the Paris Climate Change Conference. The Friends are urging all governments to endorse the statement; France and the US are the first countries outside the Friends groups to do so.
17 February 2015
Fossil Fuel Subsidy Reform can reduce Greenhouse Gas Emissions Globally by 6-13%
A new report from the Nordic Council of Ministers and the Global Subsidies Initiative of IISD finds that the removal of fossil-fuel subsidies to consumers (US$ 543 billion in 2014) and to society could reduce global greenhouse gas (GHG) emissions by between 6-13% by 2050.