Subsidies for fossil fuels

An analysis published by the Royal Society, London, warns that, without radical action, we are likely to pass the threshold between ‘dangerous’ and ‘extremely dangerous’ climate change. 

The urgency of this warning, which reflects widespread concerns amongst climate scientists, argues inter alia for an immediate stop to all forms of support for fossil fuels. But worldwide subsidies for fossil fuels exceed subsidies for renewables by a factor of 12, and despite a commitment by G20 countries in 2009 to phase out subsidies for fossil fuels, little has been done.

Our experience in making a formal complaint to the European Commission about subsidies for nuclear power suggests that similar action may be taken to encourage the phase out of subsidies for fossil fuels.

A proposal along these lines is in Legal action on subsidies for fossil fuels (PDF).