Beck's Green Stuff


Obama to press G20 leaders to cut fossil fuel subsidies and encourage renewable investment | Environment | guardian.co.uk

Posted in Uncategorized by Pridham on September 24, 2009

An oil rig in Los Padres National Forest, California

An oil rig in Los Padres National Forest, California. Photograph: David McNew/Getty Images

Barack Obama will press leaders at the G20 summit tomorrow to end the billions of dollars of subsidies that encourage the use of fossil fuels around the world and help drive climate change.

Obama, who will host the summit in Pittsburgh, will propose a gradual elimination of the tax breaks, cheap loans and other measures extended to oil, gas, coal and electricity producers. The White House said elimination of the subsidies would be a “significant downpayment” to ending global warming.

via Obama to press G20 leaders to cut fossil fuel subsidies and encourage renewable investment | Environment | guardian.co.uk.

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  1. Your post on global warming makes me think you might be interested in the post and comments on international governance (i.e., expanding the multi-level governance) regarding pollution limits. See: http://soozah.wordpress.com/2009/10/12/consolidation-what-the-fight-is-really-about/


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