Tag: fossil fuel subsidies

COP27: Show Marginalized Countries the Money

Globally, as much as $3.8 trillion must be invested every year to hold back global warming, write Peter Schlosser and Michael Dorsey. For comparison, the IMF says $5.9 trillion was spent on fossil-fuel subsidies, in total, in 2020. 

Biden’s Soft Climate Denialism

Inadequate political will in the face of climate disruption is a particularly big problem in the U.S., the world’s largest producer of both oil and natural gas, writes Basav Sen.