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Long-term Campaign Against Subsidies Risks Mixed Messages

Biden’s ambitions to eliminate fossil fuel subsidies are welcomed, but policy consistency is key. 

US President Joe Biden’s plans to phase out US$31 billion of fossil fuel subsidies over the next ten years are ambitious but unlikely to pass through Congress, highlighting the scale of the challenges even for committed governments, according to industry experts.  Announced in March, Biden’s US$6.9 trillion budget for 2024…

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