‘The IMF found the production and burning of coal, oil and gas was subsidised by $5.9tn in 2020, with not a single country pricing all its fuels sufficiently to reflect their full supply and environmental costs. Experts said the subsidies were \u201cadding fuel to the fire\u201d of the climate crisis, at a time when rapid reductions in carbon emissions were urgently needed.’<\/p>\n

Source: Fossil fuel industry gets subsidies of $11m a minute, IMF finds | Fossil fuels | The Guardian<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

‘The IMF found the production and burning of coal, oil and gas was subsidised by $5.9tn in 2020, with not a single country pricing all its fuels sufficiently to reflect their full supply and environmental costs. Experts said the subsidies were \u201cadding fuel to the fire\u201d of the climate crisis, at a time when rapid […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8358","post","type-post","status-publish","format-standard","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/envirobeat.com\/index.php?rest_route=\/wp\/v2\/posts\/8358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/envirobeat.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/envirobeat.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/envirobeat.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/envirobeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=8358"}],"version-history":[{"count":1,"href":"https:\/\/envirobeat.com\/index.php?rest_route=\/wp\/v2\/posts\/8358\/revisions"}],"predecessor-version":[{"id":8359,"href":"https:\/\/envirobeat.com\/index.php?rest_route=\/wp\/v2\/posts\/8358\/revisions\/8359"}],"wp:attachment":[{"href":"https:\/\/envirobeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/envirobeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/envirobeat.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}