We’ve talked before about fossil fuel subsidies and the massive corporate handouts still given to the fossil fuel industry by governments. This is despite the fact that it’s a highly profitable industry, and the subsidies work against greater and faster clean energy development.
Many people around the world now agree that these subsidies need to go away ASAP, and on June 18, several campaigning organizations and supporters will come together for a 24-hour “Twitter-storm”, with the goal of encouraging world leaders to end these subsidies at the international Rio+20 Sustainable Development summit in Brazil.
The 24-hour tweet–fest will start at 6:00 p.m. UTC in Sydney, with many thousands of people heading to Twitter with messages. Over the past several weeks, campaign groups have already collected over 1 million signatures demanding leaders act now to end these fossil fuel subsidies and start investing more heavily in cleaner energy sources.
As much as $1 trillion dollars a year is spent on subsidies, and according to the International Energy Agency, cutting these subsidies could have an impact as large as cutting global warming emissions in half, largely contributing to prevention of a 2 degree temperature rise. This is said to be the temperature the Earth must stay under in order to prevent the most devastating effects of climate change.
Will you be chiming in with tweets (hashtag #EndFossilFuelSubsidies) and signatures to end these subsidies? It’s got to be one of the easiest ways to help make a difference, and quite possibly one of the biggest moves politicians could ever make in one fell swoop.
Photo by Josh Lopez