Reposted by Kurt
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1️⃣ I'm glad that fossil fuel subsidies are a 🔥 topic now, but the reporting on them is consistently lazy. In this recent piece for the @envjournal, the journalist clearly has not done his homework and yet speaks of sums in the trillions of dollars as if he knows what he's talking about.
Politics vs climate: COP28 fossil fuel deal threatened by national interests - EnvironmentJournal
The chance of an agreement on ending fossil fuels looks far less likely as OPEC member states instructed to veto any potential plan at COP28.
environmentjournal.online
December 14, 2023 at 5:13 PM
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Reposted by Kurt
This is probably partly the fault of the headline writer, but even what Georgieva is quoted as saying suggests that she doesn’t really understand the IMF estimates that her staff has fed her.
To start, the $7 trln/year does not represent what governments “spend” annually on 🌎 fossil fuel subsidies.
To start, the $7 trln/year does not represent what governments “spend” annually on 🌎 fossil fuel subsidies.
IMF chief urges leaders to swap fossil fuel subsidies for climate spending
Kristalina Georgieva says the $7 billion spent annually should be rediverted to decarbonisation efforts
www.thenationalnews.com
December 2, 2023 at 7:07 PM
This is probably partly the fault of the headline writer, but even what Georgieva is quoted as saying suggests that she doesn’t really understand the IMF estimates that her staff has fed her.
To start, the $7 trln/year does not represent what governments “spend” annually on 🌎 fossil fuel subsidies.
To start, the $7 trln/year does not represent what governments “spend” annually on 🌎 fossil fuel subsidies.
Reposted by Kurt
The Climate Club launches at COP 28! Interim Secretariat of IEA/OECD. Born of the G7 German initiative, but not limited to G7 members. Mandate: international cooperation on industrial decarbonization, leakage prevention. bit.ly/47yfXEg
November 28, 2023 at 5:47 PM
The Climate Club launches at COP 28! Interim Secretariat of IEA/OECD. Born of the G7 German initiative, but not limited to G7 members. Mandate: international cooperation on industrial decarbonization, leakage prevention. bit.ly/47yfXEg