10.03.2010 - Worldwide oil subsidies could top $500 bln
From Domesticfuel.com: Last September, the G-20 leaders announced during an event in Pittsburgh, that they are committed to phasing out controversial fossil-fuel based subsidies. According to the Global Subsidies Initiative, the G-20 leaders blame subsidies for encouraging wasteful consumption and undermining efforts to combat climate change..............................................Full Article: Source
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