Robert Lane Greene

October 1, 2009

The G20 decides to end subsidies on fossil fuels

“HOPEFUL activists branded the annual UN get-together of world leaders in New York starting on September 20th ‘Climate Week’. In the event it was a cold shower, failing to reach a breakthrough in the run-up to the climate-treaty talks in Copenhagen in December. But a decision taken later in the week by the G20 meeting in Pittsburgh helped make up for that. To little fanfare, world leaders decided to phase out fossil-fuel subsidies in the ‘medium term’…”