«Aiding oil, harming the climate» is a new report from the organisation "Oil Change International", which shows dramatically that the major investments still go into the oil, gas and coal sector instead of renewable energies. For more than 25 years, wealthy countries have been using aid and other foreign assistance to subsidize the expansion of the international oil industry, a practice known as “Oil Aid”. It is impossible to actively subsidize the expansion of the oil industry and effectively fight global warming at
the same time.
↧
Investments in sustainable energies
↧