In the shift to a low-carbon economy

PHASE OUT SUPPORT TO FOSSIL FUELS!

ff

REMOVE
~$7 billion in
support to coal
(IEA country estimates, 2012)

REMOVE
~$124 billion
in support to
natural gas

in support to
petroleum

(IEA country estimates, 2012)

(IEA country estimates, 2012)

STOP

END OF
THE LINE

REMOVE

~$277 billion

$
P
PR UT
I
CA CE A
RB ON
ON

$55-90 billion support given each

year to fossil fuel exploration,
production & consumption in
OECD. $523 billion in fuel & energy
subsidies in developing countries

http://www.oecd.org/env/tools-evaluation/carbon-prices.htm

Optimise the policy mix

1. Put a price on
emissions in

the form of taxes or

emissions trading
systems

2. Replace

regulations

designed for a fossil

world with ones
that will allow clean
energy technologies to
penetrate

3. Mobilise

investment
capital behind clean
technologies

4. Ensure that the

costs of the
transition arent
loaded onto those

least able to
afford the change