Today’s Energy Solutions
Global Wind Day, celebrated annually on June 15, enables citizens to discover wind energy across the world. This year an online action has been launched to put pressure on world leaders, ahead of the G8 summit on June 17 and 18 to keep their commitment to phase out fossil fuels and switch to renewable energy.
According to the Global Wind Energy Council (GWEC), the level of subsidies to fossil fuels has gone up by nearly 30% to $620 billion since 2010 and today fossil fuels receive six times more subsidies than renewable energy. Meanwhile atmospheric global carbon dioxide levels have reached a record high of 400ppm seriously hindering efforts to bring human-produced emissions under control.
‚ÄúWhile world leaders pay lip service to combating climate change, what they are actually doing is subsidizing CO2 emissions to the tune of $110/ton. Fossil fuel energy subsidy reform could take us a long way towards protecting the climate‚Äù, said Steve Sawyer, Secretary General of GWEC.