Submitted by Matthew Brooks on Monday 8th August 2022
Published on Wednesday 10th August 2022
Current status: Closed
Closed: Friday 24th February 2023
Signatures: 863
Relevant Departments
Tagged with
Agreement ~ Chang ~ change ~ China ~ climate change ~ climate emergency ~ Companies ~ Cost of living ~ crisis ~ Energy ~ energy costs ~ Fuel ~ Government ~ India ~ India and China ~ Money ~ Net Zero ~ Paris Agreement ~ People ~ Reported ~ RISE ~ Schools ~ Tax
End All Government Subsidies for Fossil Fuel Companies
The UK is reported to have given over £13bn in subsidies to fossil fuel companies since the Paris agreement in 2015, including £10bn in tax reliefs for exploration and production. This is the third highest in the world, after India and China. These need to stop, and the money put to better use.
We are in a cost of living crisis and fossil fuel companies have recorded record profits. They do not need government support especially when people are struggling to pay rising energy costs.
We also have a climate emergency and giving money to fossil fuel companies will surely reduce our ability to hit net zero by 2050. We should not be subsidising polluters while trying to reduce our carbon footprint.
The money could be better spent improving health care, schools or even combating climate change.
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3.145.156.46 Fri, 03 May 2024 12:30:31 +0100
