SACE | Southern Alliance for Clean Energy

G20 Countries Spend $452 Billion a Year Propping Up Fossil Fuel Companies


“A joint report by the UK think tank Overseas Development Institute (ODI) and the US-based research and advocacy organization Oil Change International, has examined the extent of government financial support propping up the industry, and found G20 countries still provide a massive $452 billion a year in fossil fuel production subsidies — almost four times the entire global subsidies for renewable energy.”

Originally published on November 12, 2015.