G20 Leaders Agree to Phase Out Fossil Fuel Subsidies
Green Car Congress
SEPTEMBER 26, 2009
The Organization for Economic Cooperation and Development (OECD) and the IEA have found that eliminating fossil fuel subsidies by 2020 would reduce global greenhouse gas emissions in 2050 by ten percent. This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions.
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