Campaigners Demand End to Fossil Fuel Subsidies as Global Heat Records Shatter

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Campaigners Demand End to Fossil Fuel Subsidies as Global Heat Records Shatter
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'How many more disasters does it take before we stop funding the problem?'

, the Canadian government is reportedly expected to release a policy this month aimed at cutting off"inefficient fossil fuel subsidies," echoing the language of the Glasgow climate pact.last week, climate campaigners say"subsidies should only be considered 'efficient'—and therefore an acceptable form of government funding—if they align with Canada's Paris agreement goals.

"That means subsidies shouldn't support new or updated fossil fuel infrastructure, or delay the transition to renewables, according to signatories of the letter to [Canadian Prime Minister Justin] Trudeau last month," Shingler added. Trudeau and other world leaders will have a major opportunity to finally take concrete, coordinated action to end fossil fuel subsidies at COP28 in late November—but that would mean confronting an industry that will have aChido Muzondo, a policy adviser at the International Institute for Sustainable Development, wrote last month that governments at COP28 must do more than pay"lip service to the existing pledges—made...

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