GWEC makes G8 fossil plea



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The Global Wind Energy Council (GWEC) has issued a strong appeal to world leaders to phase out fossil fuel subsidies at next week’s Group of Eight (G8) summit of world leaders in Northern Ireland.

GWEC says globally the level of subsidies given by governments to fossil fuels shot up from $400bn in 2010 to more than $523bn in 2011, and then again to reach $630bn last year.

Today, it claims, fossil fuels receive six times more subsidies than renewable energy.

Meanwhile, says GWEC, atmospheric global CO2 levels have reached a record high of 400 parts per million, seriously hindering efforts to bring human-produced emissions under control.