NEWS: Government move to stop funding cheap petrol and diesel hailed as major progress by World Bank’s Rachel Kyte
NEWS: Diverting fossil fuel subsidies into low carbon technology could bridge the green investment gap, say researchers
Report from the Overseas Development Institute shows fossil fuel subsidies undermine EU carbon pricing
Heavyweights of world finance have fired warning shots at the fossil fuel industry by calling for cutbacks in its subsidies
Fossil fuel subsidy cuts have been targeted by the World Bank, G20 and climate campaigners. While Iran is setting an example, Egypt struggles to cut the cord
COP18: David Turnbull from Oil Change International tells RTCC that huge financial support for oil and gas needs to be talked about in Doha
Today’s top headlines: MPs call on UK to eliminate fossil fuel subsidies, US official says cutting air pollutant could ‘buy time’ in fight against climate change, and extreme melt event in Greenland.
Committee says end of fossil fuel subsidies would offer massive carbon savings and allow renewable energy to compete on a ‘level playing field’.
After three days of talks on climate change cash in Bonn, the challenges have become clearer while questions have been raised over solutions like ending fossil fuel subsidies and the Robin Hood tax.
Candid comments and calls to slash red tape suggest increased urgency at the UN climate finance workshop’s final session.
WWF says energy section of latest proposal “could have been written by the oil and gas industry”.
As both the President and his staff speak out about climate change, how green will Obama’s election campaign be?
New research calls for an overhaul of the Clean Development Mechanism, to favour bottom-up approaches, as it finds huge cost variations in renewable energy implementation across the developing world.
New figures show that countries in Africa are spending more on importing oil than they are receiving in overseas aid. Renewables investment could free up development funds.
New figures claim renewable energy and efficiency sectors received majority of funding but the big fossil fuel firms are still the biggest beneficiaries.
President calls them the “fuel of the past” and calls for a more diverse energy strategy.
In his latest speech, at Nashua Community College in New Hampshire, President Obama called on Congress to vote to end subsides to big oil and gas companies.