Rich nations spend $100bn a year on fossil fuels despite climate pledges

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Rich nations spend $100bn a year on fossil fuels despite climate pledges

04 June 2018, News Wires – The world’s major industrial democracies spend at least $100 billion each year to prop up oil, gas and coal consumption, despite vows to end fossil fuel subsidies by 2025, a report said on Monday ahead of the G7 summit in Canada. Britain, Canada, France, Germany, Italy, Japan and the United …

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