EU states spent more on fossil fuels than clean energy during the crisis, new data shows
(EurActiv, 15 Jul 2020) France, Germany and Italy have collectively spent $44 billion on fossil fuels during the coronavirus crisis, compared to $29 billion for clean energy, according to fresh data released on Wednesday (15 July).
Since the beginning of the pandemic, G20 governments have committed $151 billion in support of fossil fuels, while only $99 billion was committed to clean energy, according to the research.
The data was compiled by 14 organisations, including the International Institute for Sustainable Development, Columbia University and the Stockholm Environment Institute.
It was published on the Energy Policy Tracker, a new website that will provide weekly updates for how much public money governments are spending on polluting or clean energy.
“Under the guise of COVID-19 recovery spending, governments are pouring huge volumes of public money into the struggling fossil fuel industry, wasting an opportunity to fight the climate crisis while enriching big polluters,” said Alex Doukas from Oil Change International, a green pressure group which contributed to the research.
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EurActiv, 15 Jul 2020: EU states spent more on fossil fuels than clean energy during the crisis, new data showsShare this on social media
