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International Institute for Sustainable Development: South African Fossil Fuel Subsidies Hit Record Highs as Country's Energy Crisis Deepens
April 11, 2024
CAPE TOWN, South Africa, April 11 (TNSres) -- The International Institute for Sustainable Development issued the following news release:

South Africa's fossil fuel subsidies tripled between 2018 and 2023, hitting ZAR 118 billion (USD 7.5 billion), up from ZAR 39 billion (USD 2.9 billion) 5 years earlier, a new report by the International Institute for Sustainable Development (IISD) reveals.

The increase was largely driven by the global energy crisis, with consumer subsi . . .

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