BloombergNEF: G-20 Member States More Than Doubled Fossil-Fuel Support in 2022 to $1.3 Trillion
November 22, 2023
November 22, 2023
NEW YORK, Nov. 22 (TNSres) -- BloombergNEF, a part of Bloomberg, issued the following news release:
Governments and state-owned companies in the 19 individual G-20 member states provided $1.3 trillion of support for fossil fuels last year, according to a new report produced by research provider BloombergNEF (BNEF) in partnership with Bloomberg Philanthropies. Much of the increase came as a result of the global energy crisis, with governments stepping in to offer energy price support . . .
Governments and state-owned companies in the 19 individual G-20 member states provided $1.3 trillion of support for fossil fuels last year, according to a new report produced by research provider BloombergNEF (BNEF) in partnership with Bloomberg Philanthropies. Much of the increase came as a result of the global energy crisis, with governments stepping in to offer energy price support . . .