BBC: Leaks Show Saudis Pressuring UN to Downplay Danger of Fossil Fuels as UN Warns G20 is putting $300 bn into Sector

Angus Taylor’s $240bn is doing Australia’s share in the dirty lifting

The report notes, “G20 countries have directed around USD 300 billion in new funds towards fossil fuel activities since the beginning of the COVID-19 pandemic — more than they have toward clean energy.” The only way to cap the temperature increase at a sweltering but perhaps not catastrophic 2.7F would be to slash those investments in half. In other words, if they stay on their current path, the richest 20 nations are making a laughingstock of themselves with their CO26 pledges next month.

Source: BBC: Leaks Show Saudis Pressuring UN to Downplay Danger of Fossil Fuels as UN Warns G20 is putting $300 bn into Sector

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