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Fossil Fuel Subsidies Five Times Greater Than Climate Finance

Climate
Fossil Fuel Subsidies Five Times Greater Than Climate Finance

Oil Change International

By David Turnbull

Here in Doha for the UN climate negotiations, we’ve released new analysis that shows that fossil fuel subsidies in rich countries are, on average, five times greater than those same countries’ pledges towards climate finance—support to developing countries to address climate change and its impacts. Sometimes pictures speak louder than words, so here’s a graphic that lays it out:


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