Fossil Fuel Subsidies: 
Nowhere to Run, Nowhere to Hide

Let’s start off this COP with a bit of a reality check on the progress (or lack thereof) on phasing out dirty fossil fuels – particularly in developed countries. Scientists have shown that we currently have many times more fossil fuels in existing reserves than our global carbon budget can withstand in a 2 oC scenario. Yet governments continue to subsidize the exploration and production of even more fossil fuels. So again ECO reminds about their existing commitments to phase out these subsidies. Recently, however, there have been hopeful signs. France announced that it plans to join the US, UK … Continue reading Fossil Fuel Subsidies: 
Nowhere to Run, Nowhere to Hide