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Trends
- 1Germany commits to phasing out fossil fuels by 2045●Germany pledges to phase out fossil fuels for first time with target of 2045
Germany has for the first time formally pledged to phase out fossil fuels, setting a target year of 2045. The commitment, reported by the Guardian, marks a significant step for Europe's largest economy, which has historically relied heavily on coal and gas. Observers are weighing how the country will balance the pledge with its industrial energy needs and existing climate goals.
- 2Taxpayers subsidize fossil fuels at $4.5 trillion a year, critics say●"Too many governments in the world have been captured by the fossil fuel industry and the petrostates. Taxpayers around
Commenters are arguing that many governments have been captured by the fossil fuel industry and petrostates, leaving taxpayers effectively funding the burning of oil, gas and coal. They cite a Scientific American figure of $4.5 trillion a year in global fossil fuel subsidies, framing the money as public support for the very emissions governments claim to be cutting.