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France backs fight against fossil fuel subsidies ahead of Paris climate change conference
“It’s important for France to be part of such an effort from many countries around the world to show these subsidies for fossil fuels need to go,” Laura Merrill, senior researcher with Global Subsidies Initiative in Geneva told RFI.
Bilcon Case Leads To Broad Alarm Over ISDS Reach Into Domestic Law
Howard Mann, senior international law adviser to the International Institute for Sustainable Development, said in a separate interview he expects the Canadian government will likely submit the award to judicial review, which — if successful — could lead to the annulment of the award.
Curtail oil subsidies in favour of big bang reforms
According to the International Institute for Sustainable Development; Indonesia’s government spent $18 billion (Dh66 billion) on petroleum subsidies and $9 billion on electricity subsidies in the fiscal year 2013, equivalent ‘to 2.5 per cent of GDP and 25 per cent of total government expenditure’.