Fossil fuel subsidies need to go – but what about the poorer people who rely on cheap energy?
Almost all governments in the world joined the Paris agreement in 2015 in an effort to tackle climate change. In the same year, many of the same governments paid about US$400 billion in direct and indirect subsidies to help people buy fossil fuels. Subsidies are government policies which make energy cheaper than under normal market conditions. They mostly go towards fossil ...