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Tag Archives: subsidies

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PLEA Network

29 August 2019, The Guardian, Adani mine would be ‘unviable’ without $4.4bn in subsidies, report finds. Australian governments will give $4.4bn in effective subsidies to Adani’s Carmichael coal project, which would otherwise be “unbankable and unviable”, a new analysis has found. The … Continue reading →

PLEA Network

13 May 2019, Renew Economy, Global fossil fuel subsidies reach $5.2 trillion, and $29 billion in Australia. New analysis commissioned by the International Monetary Fund has shown that global fossil fuel subsidies continue to grow, despite the growing urgency of … Continue reading →

PLEA Network

20 March 2019, Desmog Global Banks, Led by JPMorgan Chase, Invested $1.9 Trillion in Fossil Fuels Since Paris Climate Pact. A report published today names the banks that have played the biggest recent role in funding fossil fuel projects, finding that since … Continue reading →

PLEA Network

28 February 2018, Carbon Brief, OECD: Fossil fuel subsidies added up to at least $373bn in 2015. Fossil fuel subsidies totalled at least $373bn globally in 2015, according to a new report which for the first time combines figures from two key … Continue reading →

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