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Europe Daily Bulletin No. 11393

22 September 2015
SECTORAL POLICIES / (ae) energy
OECD wants reform of aid for fossil fuels

Brussels , 21/09/2015 (Agence Europe) - In a report unveiled on Monday 21 September, the Organisation for European Cooperation and Development (OECD) called for a reform of public aid for fossil fuels which remains expensive despite a fall over the past three years and which hinders the fight against climate change.

Government support for fossil fuel consumption and production totalled $200 billion a year in 2010-2014, mostly for oil products, according to the OECD report into 800 spending...