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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

Green Car Congress

Inefficient fossil fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change. We ask the international financial institutions to offer support to countries in this process.

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PwC analysis finds meeting 2 C warming target would require “unprecedented and sustained” reductions over four decades

Green Car Congress

The International Energy Agency, for example, now considers 4°C and 6°C scenarios as well as 2°C in their latest analysis. —Leo Johnson, Partner, Sustainability and Climate Change, PwC. The new reality is a much more challenging future in terms of planning, financing and predictability. —PwC report.