23 June 2004

Fossil fuel subsidies 'must end'

Excerpts from the report by the New Economics Foundation:

... a single year's worth of World Bank spending on fossil fuel projects could be spent instead on small-scale solar installations in sub-Saharan Africa, providing electricity for 10 million people.



And a year's worth of global fossil fuel subsidies could "comfortably" pay off sub-Saharan Africa's entire international debt burden, leaving billions of dollars to spare.



Reshaping our energy supply holds the secret to ending poverty and preventing global warming. Small-scale renewables remain the best answer for communities and the environment

Andrew Simms, Nef

No comments:

Christian England? Maybe not...

I've just read an interesting blog article from Paul Kingsnorth . I've responded to it elsewhere with regard to its consideration of...