Climate change research findings > Economics
- Governments Spend $1.4 Billion Per Day to Destabilize Climate (January 19, 2012)
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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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