In September 2009, at the Pittsburgh Summit, G-20 leaders recognized that "inefficient fossil-fuel subsidies encourage wasteful consumption, distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change", and committed to phase out and rationalize inefficient fossil-fuel subsidies that lead to wasteful consumption. This GSI policy brief summarizes what G-20 countries have done so far, and what else needs to be done, focusing in particular on the outcomes that need to result from the next G-20 summit, set to take place in Toronto, Canada, on the 26-27 June 2010.
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/delivering-g-20-commitment-reform-fossil-fuel-subsidies-essential-outcomes-toronto
[2] http://admin.indiaenvironmentportal.org.in/category/author/kerryn-lang
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/global-subsidies-initiative
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/canada
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/fossil-fuels
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/subsidies