BloombergNEF: 2021 Support for Fossil Fuels by G-20 Nations Reached Highest Level Since 2014
November 02, 2022
November 02, 2022
NEW YORK, Nov. 2 -- BloombergNEF, a part of Bloomberg, issued the following news release on Nov. 1, 2022:
The 19 individual country members of the G-20 provided $693 billion in fossil-fuel support in 2021, thereby slowing down progress on reaching the goals of the Paris Agreement, according to a new report released by Bloomberg Philanthropies and BloombergNEF (BNEF). This quite substantial sum distorted prices, encouraged potentially wasteful use and production of fossil fuels, and . . .
The 19 individual country members of the G-20 provided $693 billion in fossil-fuel support in 2021, thereby slowing down progress on reaching the goals of the Paris Agreement, according to a new report released by Bloomberg Philanthropies and BloombergNEF (BNEF). This quite substantial sum distorted prices, encouraged potentially wasteful use and production of fossil fuels, and . . .