UN urges end to fossil fuel subsidies

Report claims slashing malfunctioning energy subsidies worldwide would cut carbon emissions and boost economy James Murray, BusinessGreen, 01 Sep 2008 Scrapping subsidies designed to bring down the cost of energy could slash greenhouse gas emissions by six per cent in one swoop while also delivering a boost to the global economy, according to a new study from the United Nations Environment Programme (UNEP).... [read full story]