Category Archives: Fossil Fuels

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Britain Spent ‘Twice As Much On Overseas Fossil Fuels As Renewables’

Britain Spent ‘Twice As Much On Overseas Fossil Fuels As Renewables’
Above Photo: A vendor weighs coal for a customer in Lucknow, India. The country has been one of the top five beneficiaries of UK energy support this decade. Photograph: Rajesh Kumar Singh/AP Nearly half of £6.1bn energy spending in developing countries from 2010-14 went on oil, coal and gas-fired schemes, data shows The UK has spent more than twice as much overseas support on fossil fuels projects as on renewable ones so far this decade, ... Read more

Fossil Fuel Subsidies Are A Staggering $5 Tn Per Year

Fossil Fuel Subsidies Are A Staggering $5 Tn Per Year
Above Photo: In this photo taken on November 19, 2015, smoke belches from a coal-fired power station near Datong, in China’s northern Shanxi province. Photograph: Greg Baker/AFP/Getty Images A new study finds 6.5% of global GDP goes to subsidizing dirty fossil fuels Fossil fuels have two major problems that paint a dim picture for their future energy dominance. These problems are inter-related but still should be discussed separately. First, ... Read more