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$500 Billion Global Fossil Fuel Subsidies Main Barrier To Renewable Energy - Green Prophet | Impact News for the Middle East
Mr. Amin claims that government subsidies given to the fossil fuel industry impedes serious growth of the renewable sector. On Sunday, Israel made a public NIS2.2 billion (US$0.6 billion) commitment to reduce greenhouse gas emissions. That announcement came just days after Rupert Murdoch and Lord Jacob Rothschild bought shares in Genie Oil & Gas Inc., …