Choose Health | End Fossil Fuel Subsidies

PREVENT CLIMATE CHANGE

Despite the threat climate change poses to all of us, governments are still subsidising fossil fuels to the tune of billions of euros a year. If we want to have a chance of staying below 2°C, or even of reaching the safer level of 1.5°C, we need to achieve full decarbonisation by 2050. To do this we have to eliminate fossil fuel subsidies immediately.

ENABLE THE TRANSITION TO RENEWABLES

Subsidies prevent a phase-out of fossil fuels by making them cheaper to produce and consume. What’s more, governments worldwide spend four times as much on subsidies for fossil fuels than they do on renewable energy. The transition to healthy energy alternatives is being stifled at birth.

CUT PREMATURE DEATHS BY HALF

The World Health Organisation estimates that air pollution causes 6.5 million premature deaths a year. According to a 2015 IMF report, if governments were to remove subsidies and tax fossil fuels correctly, then at least 50% of premature deaths could be prevented. Most of this would be the result of less air pollution from coal.

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