International Institute for Sustainable Development: South African Fossil Fuel Subsidies Hit Record Highs as Country's Energy Crisis Deepens
April 11, 2024
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 . . .
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 . . .