(EnergyAsia, February 18, Wednesday) — The UNEP-commissioned report, A Global Green New Deal, urged developing countries to reduce fuel subsidies and sell carbon credits to raise funds. It estimates that more than $300 billion is being spent on energy subsidies across developed and developing economies, the lion’s share on fossil fuels. Fuel subsidies in 20…
MARKETS: UNEP wants developing countries to reduce fuel subsidies
Posted on February 17, 2009 by EnergyAsia