24 Years After Brent Spar, Big Oil Receives Billions in Subsidies for Rig Removal
As the UK's oil rigs are decommissioned over the next few years, the Government will give the oil companies in excess of 30 billion dollars in subsidies.
Read the latest insights and analysis from the experts at Oil Change International.
As the UK's oil rigs are decommissioned over the next few years, the Government will give the oil companies in excess of 30 billion dollars in subsidies.
This year, G20 leaders reiterated their same tired commitment to end fossil fuel subsidies, for the seventh time in a row. It’s starting to ring hollow.
Oil Change International and Overseas Development Institute released a new report today, ‘Empty Promises: G20 subsidies to oil, gas and coal production,' documenting government support from G20 countries to the fossil fuel industry.