In spite of green rhetoric, money has piled into aviation and car industries since start of pandemic, report finds

The nations that make up the G7 have pumped billions of dollars more into fossil fuels than they have into clean energy since the Covid-19 pandemic, despite their promises of a green recovery.

As the UK prepares to host the G7 summit, new analysis reveals that the countries attending committed $189bn to support oil, coal and gas between January 2020 and March 2021. In comparison, the same countries – the UK, US, Canada, Italy, France, Germany and Japan – spent $147bn on clean forms of energy.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

If Cyprus is intransigent on tax, the G7 should sign up themselves | Phillip Inman

By swimming against the tide of sentiment on fairness, the island could…

Some have prospered during Covid – it’s time they paid their fair share | Tom Kibasi

From big tech windfalls to taxing wealth in the same way we…

Boris Johnson accused of flouting request to wear mask at theatre

Exclusive: Audience member at Almeida theatre says PM was not wearing mask…

Russia and China launch large-scale military drills amid tensions with US

Drills involving several allied nations showcase increasing defence ties between Moscow and…