Phase-out 2020: monitoring Europe’s fossil fuel subsidies
This research shows that governments in Europe and the European Union (EU) are continuing to subsidise oil, gas and coal, fuelling dangerous climate change with taxpayers’ money both at home and abroad. The EU and all its Member States have committed to phasing out environmentally harmful subsidies, including those to fossil fuels, by 2020. European governments have made parallel pledges to end inefficient fossil fuel subsidies under the G7 and the G20. Despite this, our research indicates that 11 European countries and the EU provided at least €112 billion in subsidies per year between 2014 and 2016 towards the production and consumption of fossil fuels. €4 billion of these subsidies came from the EU itself.