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Just 10% of fossil fuel subsidy cash ‘could pay for green transition’ | The Guardian

Redirecting small portion of subsidies would unleash clean energy revolution, says report Damian CarringtonLast modified on Thu 1 Aug 2019 11.18 BST Switching just some of the huge subsidies supporting fossil fuels to renewables would unleash a runaway clean energy revolution, according to a new report, significantly cutting the carbon emissions that are driving the […]

News from Elsewhere

EIB plans to cut all funding for fossil fuel projects by 2020 | The Guardian

EU’s lending arm financed oil, gas and coal projects in 2018 with more than €2.4bn Jillian AmbroseLast modified on Fri 26 Jul 2019 18.05 BST Environmental activists protest in front of the Greek parliament. The European Investment Bank is promising a ‘profound transition’ away from fossil fuel funding. Photograph: Louisa Gouliamaki/AFP/Getty Images The European Investment

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