Preserving environment is imperative, says OECD

Act now or face the consequences. This is the environmental message from the Organisation for Economic Co-operation and Development who are concerned that despite the current recession, countries aren’t preparing themselves for future energy demands. Angel GurrĂ­a, Secretary-General of the OECD said: “Greener sources of growth can help governments today as they tackle these pressing […]

Taxpayers are subsidising fossil fuels by billions of dollars

Taxpayers across the world are subsidising fossil fuels with billions of dollars. Governments spent about half a trillion dollars last year, with the USA alone pumping $409billion into keeping the price of fuel artificially low, according to the Organisation for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA). This subsidy is a […]