{"id":142941,"date":"2023-11-23T12:25:07","date_gmt":"2023-11-23T11:25:07","guid":{"rendered":"https:\/\/newmobility.news\/?p=142941"},"modified":"2023-11-23T11:57:39","modified_gmt":"2023-11-23T10:57:39","slug":"iisd-governments-spent-record-budget-to-support-fossil-industry","status":"publish","type":"post","link":"https:\/\/newmobility.news\/en\/2023\/11\/23\/iisd-governments-spent-record-budget-to-support-fossil-industry\/","title":{"rendered":"IISD: ‘Governments spent record budget to support fossil industry’"},"content":{"rendered":"

In 2022, governments worldwide spent a record amount of money \u2013 more than 1 500 billion euros \u2013 to support the fossil industry. Most of the money (1 200 billion euros) went to fossil fuel subsidies, but last year,<\/span> many more investments went to renewable energy than was previously the case. <\/span><\/p>

That is what the International Institute for Sustainable Development (IISD) reported on Wednesday. As the UN Climate Change Conference (COP 28) kicks off next week, this remains a central issue in climate negotiations.<\/p>

This content has been archived. Log in or Subscribe<\/a> to a level that has access to archived content.<\/div><\/div>","protected":false},"excerpt":{"rendered":"

In 2022, governments worldwide spent a record amount of money \u2013 more than 1 500 billion euros \u2013 to support the fossil industry. Most of the money (1 200 billion euros) went to fossil fuel subsidies, but last year, many more investments went to renewable energy than was previously the case. That is what the […]<\/p>\n","protected":false},"author":175,"featured_media":142991,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_hide_featured_image":false,"_jetpack_featured_image_duplicate_dismissed":0,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"{title}\n\n{excerpt}\n\n{url}","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false,"jetpack_post_was_ever_published":false},"categories":[14496,29],"tags":[],"class_list":["post-142941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-climate","category-environment"],"acf":[],"featured_image_urls_v2":{"full":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=1306%2C638&ssl=1",1306,638,false],"thumbnail":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=300%2C147&ssl=1",300,147,true],"medium_large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=640%2C313&ssl=1",640,313,true],"large":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=640%2C313&ssl=1",640,313,true],"1536x1536":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=1306%2C638&ssl=1",1306,638,true],"2048x2048":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=1306%2C638&ssl=1",1306,638,true],"trp-custom-language-flag":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=18%2C9&ssl=1",18,9,true],"related-thumb":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=640%2C480&ssl=1",640,480,true],"gform-image-choice-sm":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=300%2C300&ssl=1",300,300,true],"gform-image-choice-md":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=400%2C400&ssl=1",400,400,true],"gform-image-choice-lg":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=600%2C600&ssl=1",600,600,true],"mailchimp":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?fit=560%2C274&ssl=1",560,274,true],"unipress-phone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=640%2C100&ssl=1",640,100,true],"unipress-tablet":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=1306%2C240&ssl=1",1306,240,true],"unipress-tablet-portrait":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=1306%2C180&ssl=1",1306,180,true],"unipress-tablet-landscape":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=1306%2C180&ssl=1",1306,180,true],"unipress-smartphone":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=1080%2C168&ssl=1",1080,168,true],"unipress-wide-screen":["https:\/\/i0.wp.com\/newmobility.news\/wp-content\/uploads\/2023\/11\/Scherm%C2%ADafbeelding-2023-11-23-om-11.50.25.png?resize=1306%2C180&ssl=1",1306,180,true]},"post_excerpt_stackable_v2":"

In 2022, governments worldwide spent a record amount of money \u2013 more than 1 500 billion euros \u2013 to support the fossil industry. Most of the money (1 200 billion euros) went to fossil fuel subsidies, but last year, many more investments went to renewable energy than was previously the case. That is what the International Institute for Sustainable Development (IISD) reported on Wednesday. As the UN Climate Change Conference (COP 28) kicks off next week, this remains a central issue in climate negotiations.This content has been archived. Log in or Subscribe to a level that has access to archived…<\/p>\n","category_list_v2":"Climate<\/a>, Environment<\/a>","author_info_v2":{"name":"Hilde Van Raemdonck","url":"https:\/\/newmobility.news\/en\/author\/hilde-van-raemdonck\/"},"comments_num_v2":"0 comments","yoast_head":"\nIISD: 'Governments spent record budget to support fossil industry' - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2023\/11\/23\/iisd-governments-spent-record-budget-to-support-fossil-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IISD: 'Governments spent record budget to support fossil industry' - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"In 2022, governments worldwide spent a record amount of money \u2013 more than 1 500 billion euros \u2013 to support the fossil industry. Most of the money (1 200 billion euros) went to fossil fuel subsidies, but last year, many more investments went to renewable energy than was previously the case. 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