Article 47JFX UK has biggest fossil fuel subsidies in the EU, finds commission

UK has biggest fossil fuel subsidies in the EU, finds commission

by
Damian Carrington Environment editor
from on (#47JFX)

Subsidies for coal, oil and gas are not falling despite EU pledges to tackle climate change

The UK leads the European Union in giving subsidies to fossil fuels, according to a report from the European commission. It found a12bn (10.5bn) a year in support for fossil fuels in the UK, significantly more than the a8.3bn spent on renewable energy.

The commission report warned that the total subsidies for coal, oil and gas across the EU remained at the same level as 2008. This is despite both the EU and G20 having long pledged to phase out the subsidies, which hamper the rapid transition to clean energy needed to fight climate change.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/environment/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments