Fossil fuel subsidy phase-out stalls as states hide behind international coordination
Focusing too strongly on multilateral agreements risks creating policy deadlock, with countries failing to take national action, experts say
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As the energy crisis pushes fossil fuel subsidies to new highs, governments are hiding behind the need for international coordination to avoid cutting support for oil and gas at home, a civil society watchdog warns. Even the Netherlands, co-organiser of the first-ever international conference on moving away from fossil fuels, has “unambitious” plans to end these subsidies, half of which the country could do on a national level.