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August 2, 2019

Study Finds Shifting Fossil Fuel Subsidies to Renewables Would Slash Emissions
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Meanwhile, a new study finds even modest shifts in government subsidies
away from fossil fuels and toward renewables could lead to a dramatic
drop in greenhouse gas emissions. The International Institute for
Sustainable Development says governments spend some $372 billion each
year subsidizing coal, oil and gas; if as little as 10% of that money
was invested in wind, solar and other renewables, countries could see a
nearly 20% drop in carbon dioxide pollution.


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