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NEWS UPDATE #74 (Climate special)

Climate change makes past five-year period the warmest on record: WMO The Guardian Climate change made 2011-2015 the warmest five-year period on record, according to the World Meteorological Organisation’s (WMO) state of the global climate report. This year is set to be the single hottest ever registered, with planetary temperatures passing the symbolic milestone of 1C

Video & Report: Fossil Fuel Subsidies Push Us Closer to Climate Disaster

‘Production Subsidies are Driving the World to Burn More Fossil Fuel than it Needs’ Unfortunately, these environmentally damaging subsidies are often ignored during discussions on fossil fuel pricing and use, which tend to focus on the quantifiably larger and more politically controversial consumer-focused subsidies The Wire With global climate talks set to happen in Paris

The IMF’s “shocking” estimate of fossil fuel costs: There’s more to the story

Sajai Jose Credit: CGP Grey/Flickr, CC-BY 2.0 Recently, when an International Monetary Fund research paper revealed that the actual cost of fossil fuel usage for 2015 was a staggering US$ 5.3 trillion (approx. 340 lakh crore rupees), it made headlines worldwide, though it went largely unreported in India. What accounts for the bulk of this figure are the hidden

Letter to concerned ministers on fossil fuel subsidies

To Sri. Piyush Goyal Union Minister for Coal, Power and Renewable Energy Govt. of India, New Delhi Copy with complements: Sri. Prakash Javadekar Union Minister for Environment, Forests and Climate Change Govt. of India, New Delhi Sri. Arun Jaitely Union Minister for Finance Govt. of India, New Delhi Sri Naredra Modi Prime Minister Govt. of

News update

Fossil fuels subsidised by $10m a minute, says IMF The Guardian UK Fossil fuel companies are benefitting from global subsidies of $5.3tn (£3.4tn) a year, equivalent to $10m a minute every day, according to a startling new estimate by the International Monetary Fund. The IMF calls the revelation “shocking” and says the figure is an