Fossil Fuel Subsidies Archives - Renew Economy

“Perverse:” Australian fossil fuel subsidies will top $22,000 a minute this year
Australian fossil fuel subsidies will top $11.6 billion this financial year, pushed higher by the Morrison government’s ‘gas led recovery’.
Michael Mazengarb

Mar 28, 2022

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Australian fossil fuel subsidies put at $5.6bn a year in new report
As Turnbull heads to Turkey’s G20 Summit, a new report reveals Australia still subsidising fossil fuel production to tune of $A5.6 billion a year.
Sophie Vorrath

Nov 12, 2015

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Heat on Turnbull ahead of OECD talks on coal subsidy cuts
Pressure is mounting on the Australian government to toe the line on fossil fuel subsidy reform.
Sophie Vorrath

Nov 11, 2015

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CleanTech Bites

Coal production subsidies cost Australians $1.8bn a year
Report finds government subsidies to Australian coal export industry lead to uneconomic projects, and cost taxpayers $1.8bn a year.
Sophie Vorrath

Sep 17, 2015

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Paris climate pledges extend carbon budget by …. 8 months
Key IEA report says climate pledges have so far fallen short, extending carbon budget by just 8 months. It has key message for Australia: coal consumption must peak before 2020, Australia’s inefficient coal fleet must be phased out, and wind and solar will underpin new investment to meet climate targets.
Giles Parkinson

Jun 16, 2015

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Rich nations spend 5x more on fossil fuel export subsidies than renewables
Wealthy nations spend, on average, roughly 5 times more on export subsidies for fossil fuel technologies than for renewables
James Ayre

Apr 2, 2015

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