Phasing Out Fossil-Fuel Subsidies in the G20: A Progress Update
In this, our second review of progress in meeting this phase out commitment (an earlier review was published in November 2010), we reviewed formal submittals by member countries to the G20 and the WTO, reached out individually to staff from each member country, and reviewed third-party assessments of fossil fuel subsidies. We conclude that the G20 effort is currently failing. The following factors are the key reasons for this failure.