SUBSCRIBERS
Abolishing fossil fuel subsidies has little impact on CO2 emissions: study
Published Thu, Feb 8, 2018 · 09:50 PM
Paris
GETTING rid of massive subsidies for oil, gas and coal will not significantly curb carbon pollution or speed the transition to a greener global economy, researchers said on Wednesday, challenging widely held assumptions.
"Unfortunately, it is not the silver bullet many had hoped," they said in a statement.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Energy & Commodities
Oil steadies as ceasefire eludes Hamas, Israel
Shell to exit South Africa's downstream businesses
EU clears Nippon Steel's US$14.9 billion purchase of US Steel
Asian central banks, consumers flock to gold amid currency weakness, macro uncertainty
Shell in talks to sell Malaysia fuel stations to Saudi Aramco: sources
Indonesia's PGN, Freeport sign gas supply deal for smelter