
With the evidence of our gluttony for oil now rudely lapping at our shores, at the G-20 meeting that just wrapped up in Toronto, Obama pressed for and got agreement from other world leaders to actually end fossil fuel subsidies, by erasing the word “voluntary” in the agreement, the Los Angeles Times is reporting.
Despite the earlier fears of environmentalists that it would be merely a voluntary “goal”, at the last minute a newly muscular non-voluntary end to fossil energy subsidies, was inserted into the final language of the G-20 agreement, at the request of the US President. America.gov found that fossil fuel subsidies amounted to $558 billion worldwide in 2008.
The top 20 nations at the G-20 have now also agreed to ongoing reviews to check on how well each of them lives up to the commitment.








