14 Jul, 18:00··

EU Still Backing Fossil Fuels

EU Observer

Despite wanting to reduce them, European governments continue to heavily support the fossil fuel industry. According to data from the International Energy Agency, government spending on fossil fuels reached 68% of taxpayer-funded energy spending last year, significantly more than private investment. This trend contrasts with the private sector’s shift towards renewable energy, highlighting a continued reliance on fossil fuels within the EU.

Summarized from the sources above. Read the originals for the full story.

energypoliticsclimate