You Made the Mess; You Clean It Up

Thu, 2007-05-24 08:12Richard Littlemore
Richard Littlemore's picture

You Made the Mess; You Clean It Up

It's hard to argue with the logic of this People's Daily Online editorial that says what we always thought China and India would say: The developed countries of the world have done the most to create climate change; they should do the most to fix it.
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oil change international, subsidies, oil gas exploration

Rich G20 nations are spending about $88 billion (USD) each year to find new coal, oil and gas reserves even though most reserves can never be developed if the world is to avoid catastrophic climate change, according to a new report.

Generous government subsidies are actually propping up fossil fuel exploration which would otherwise be deemed uneconomic, states the report, “...

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