Fossil Fuel Subsidy Disciplines in the Agreement on Climate Change, Trade and Sustainability
Non-Confidential Summary For the New Zealand Ministry of Foreign Affairs and Trade Watch video here Carbon emissions from the use of fossil fuels are one of the major causes of climate change, threatening disastrous and irreparable harm to the environment and human civilization. Mitigating the impacts of climate change will require reducing worldwide consumption of fossil fuels, yet many governments maintain subsidy programs to assist producers and consumers of fossil fuels.