extraction

Subsidizing Unburnable Carbon: Taxpayer Support for Fossil Fuel Exploration in G7 Nations

This report identifies billions of dollars in subsidies for fossil fuel exploration from the world's wealthiest countries. This government support for expanding oil, gas, and coal reserves continues despite a 2009 commitment by G20 countries to phase out inefficient fossil fuel subsidies, a pledge that has been repeatedly reiterated since then, including by G7 leaders in their June 2014 declaration.

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