Asia Pacific > Asia > Governments could cut emissions by a third if they nix fossil fuel subsidies -study

Governments could cut emissions by a third if they nix fossil fuel subsidies -study

Published 14:25 on March 17, 2025 / Last updated at 14:43 on March 17, 2025 / / Americas (US & Canada), Asia Pacific (Asia, Pacific), EMEA (Europe), International

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By eliminating the $7 trillion worth of subsidies granted for fossil fuels worldwide, governments can significantly boost their economic welfare and cut global CO2 emissions by about a third, according to a study published on Monday.
By eliminating the $7 trillion worth of subsidies granted for fossil fuels worldwide, governments can significantly boost their economic welfare and cut global CO2 emissions by about a third, according to a study published on Monday.


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