Science for Peace

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Governments Spend $1.4 Billion Per Day to Destabilize Climate

This report notes that, in addition to neglect of health and environmental costs, “a long legacy of governments propping up oil, coal, and natural gas has resulted in a very uneven energy playing field…. Eliminating all fossil fuel consumption subsidies by 2020 would cut global carbon emissions by nearly 5 percent while reducing government debt.”
Link: http://www.earth-policy.org/data_highlights/2012/highlights24
Source: Earth Policy Research

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