IMF: Ending Fossil Fuel Subsidies Could Cut CO2 13%

Eliminating fossil fuel subsidies worth $1.9 trillion worldwide would reduce CO2 emissions by 4.2 billion tons — a 13 percent reduction — and produce “major gains” for economic growth, according to an International Monetary Fund report.

http://www.environmentalleader.com/2013/03/28/imf-ending-fossil-fuel-subsidies-could-cut-co2-13/

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