IIASA: removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped
Green Car Congress
FEBRUARY 8, 2018
Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation. The largest effects of removing subsidies were found in areas that export oil and gas, such as Russia, Latin America, and the Middle East and North Africa.
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