"G20 Nations Spend $452 Billion a Year Supporting Fossil Fuels: Study"

"LONDON - The G20 group of major economies spend $452 billion per year supporting fossil fuel industries, despite their primary role in causing climate change, according to a study released on Thursday.

The report, which comes ahead of a crunch UN meeting in Paris to try to forge a global deal to avoid disastrous levels of climate change in December, accused governments of undermining their own climate change policies.

'G20 governments are handing out approximately $452 billion a year to prop up the production of fossil fuels - despite pledges to phase out subsidies and prevent catastrophic climate change,' the study by British think tank the Overseas Development Institute and Oil Change International found."

Agence France-Presse had the story November 12, 2015.

SEE ALSO:

"EU To Seek Coal Funding Phase-Out At OECD Next Week - Sources" (Reuters)

"G20 Spends Four Times More on Fossil Fuel Output Than on Renewables, Think Tank Says" (Reuters)