Will Officials Resurrect Old Superfund Taxes To Support The Infrastructure Bill?
Every year, G20 governments spend $584 billion supporting the fossil fuels industry through "budgetary transfers and tax expenditure, price support, public finance, and SOE investment for the production and consumption of fossil fuels at home and abroad," according to a report published last year by the International Institute for Sustainable Development (IISD).
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The 27th Conference of Parties (COP27) to the United Nations Framework Convention on Climate Change in Sharm El-Sheikh, Egypt, began November 7, 2022. Here’s a look at what happened on day 10 of COP27 climate talks. The draft text for a cover decision is yet to be produced by the COP27 Presidency as of 7.30 am November 17, leading many to wonder how long discussions will continue to arrive at a consensus on the document once released. Just two days of the summit remain.
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