Nordic countries push the switch – from fossil fuel subsidies to sustainable energy investment
“USD 425 billion is a huge amount, which could be used much more wisely,” says Laura Merrill of the IISD’s Global Subsidies Initiative (GSI).
“USD 425 billion is a huge amount, which could be used much more wisely,” says Laura Merrill of the IISD’s Global Subsidies Initiative (GSI).
"The alliance is not just open to national and sub-national governments, but also businesses and other organizations. What unites them all is the ambition “to accelerate clean growth and climate protection through the phase-out of… existing traditional coal power” and placing “a moratorium on any new traditional coal power stations.”"