26 May '12, 12pm

Before Rio Earth Summit, let’s put pressure on world leaders to end fossil fuel subsidies, by @BillMcKibben

Bill McKibben at 350.org’s recent Rally to End Fossil Fuel Subsidies. (Photo by 350.org.) In just a few weeks, world leaders are converging on Rio for a landmark “Earth Summit ” to talk about sustainability issues — but it’s time for them to stop talking and start doing. And we know where they can begin. This year our governments will hand nearly hundreds of billions of dollars in government subsidies to the coal, gas, and oil industries. Instead, they should cut them off. Cutting fossil fuel subsidies could actually take a giant step towards solving the climate crisis: Phasing out these subsidies would prevent gigatonnes of carbon emissions and help make clean energy cheaper than fossil fuels. And here’s the thing: This demand is completely reasonable — so reasonable that the leaders of the big countries have already agreed to it. The G20 promised in 2009 that fossil fuel...

Full article: http://grist.org/energy-policy/before-rio-earth-summit-le...

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