Baker Institute team says fossil fuel subsidies need global reform
Green Car Congress
OCTOBER 23, 2020
A decade later, fossil fuels continue to constitute 80% of global energy consumed—as they have since about 1910, when coal consumption surpassed that of biofuels, the researchers wrote. In 2018, eight member states maintained $207 billion in fossil fuel subsidies, International Energy Agency (IEA) data show.
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