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G20 Leaders Agree to Phase Out Fossil Fuel Subsidies

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This reform will not apply to our support for clean energy, renewables, and technologies that dramatically reduce greenhouse gas emissions. We will have our Energy and Finance Ministers, based on their national circumstances, develop implementation strategies and timeframes, and report back to Leaders at the next Summit.

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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. This data set contains a marked shift in favor of renewables compared to the prior reports, indicating an increased interest in low-carbon technologies on the part of the participating governments.

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