IEA stunner: global subsidies to dirty energy top $550 billion a year
(Blog Post) by David Roberts. File this one under “news that ought to be the top headline across the world but will likely be ignored.” An early draft of a comprehensive new study from the International Energy Agency reveals that total global subsidies to dirty fossil-fuel energy amount to $550 billion a year—about 75 percent more than previously thought. The Financial Times got a peak at the draft and covers it today, soliciting this absolutely fabulous quote ... Full Story »
Posted by Alexander Rose - via Tim O'Reilly, Grist , Mark Pegrum (t)
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