Extractives
News

How to raise an easy $1 billion per day for the Covid-19 recovery (Climate Home News)
2020-06-15
According to this article, a temporary tax hike on gasoline and diesel is one of the fairest, greenest ways to fund post-pandemic economic stimulus packages. To read the full article,

A 5 Trillion Dollar Subsidy: How We All Pay For Fossil Fuels (Forbes)
2020-06-09
Fossil fuel companies receive US$ 5 trillion in subsidies annually, equivalent to over 6% of global GDP. The International Monetary Fund (IMF), which calculated the size of the subsidies, explained

End fossil fuel subsidies and reset the economy for a better world (IMF & World Economic Forum)
2020-06-09
The World Economic Forum launches the “Great Reset” initiative for a better world after the pandemic. The IMF backs the transition to a green economy and calls for an end