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fossil fuels

Why is Oettinger scared of fossil fuel subsidy figures?

Commissioner Günter Oettinger’s blocking of a transparent discussion on fossil fuel subsidies inevitably raises suspicions that his real intent is to preserve them, writes Sébastien Godinot. Sébastien Godinot is an economist for WWF Europe.  Those making the case for adequate post 2020 EU climate and energy legislation were looking forward to the European Commission launching, in the coming days […]

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fossil fuels

WWF supports IEA conclusion: two thirds of fossil fuel reserves must be left underground

Gland, Switzerland – Two thirds of all proven fossil fuel reserves must stay in the ground if the world is serious about avoiding dangerous climate change, according to the International Energy Agency in its World Energy Outlook 2012 report released today. “The IEA’s conclusion reflects sound science. CO2 emissions from burning fossil fuels are destabilizing […]

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fossil fuels

Maintenance of fossil fuel subsidies is a global scandal, supporting IMF findings

Gland, Switzerland – The continued maintenance of fossil fuel subsidies is a global scandal and governments should work to transform these subsidies into financing for energy efficiency and renewable energy, says WWF, responding to a report released today by the International Monetary Fund (IMF). The International Monetary Fund (IMF) report Energy Subsidy Reform: Lessons and […]

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