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Are the G7 on track to phase out fossil fuel subsidies by 2025?

June 2018

Despite repeated pledges to phase out fossil fuel subsidies since 2009, G7 countries continue to provide at least $100 billion a year supporting fossil fuels.

Despite repeated pledges to phase out fossil fuel subsidies since 2009, G7 countries continue to provide at least $100 billion a year supporting fossil fuels.

Are the G7 countries on track to phase out fossil fuel subsidies by 2025?

Are the G7 countries on track to phase out fossil fuel subsidies by 2025?

France spends $8 billion a year subsidising fossil fuels.

France spends $8 billion a year subsidising fossil fuels.

Germany spends $18 billion a year supporting harmful fossil fuels.

Germany spends $18 billion a year supporting harmful fossil fuels.

Canada wastes over $4 billion a year supporting fossil fuels.

Canada wastes over $4 billion a year supporting fossil fuels.

The UK wastes over $11 billion a year supporting fossil fuels.

The UK wastes over $11 billion a year supporting fossil fuels.

Italy spends over $17 billion a year propping up fossil fuels.

Italy spends over $17 billion a year propping up fossil fuels.

Japan spends over $12 billion a year supporting fossil fuels.

Japan spends over $12 billion a year supporting fossil fuels.

The US spends over $26 billion a year propping up fossil fuels.

The US spends over $26 billion a year propping up fossil fuels.

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