Menu
Share
Share this story
Close X
 
Switch to Desktop Site

Rio+20: 5 key takeaways

Next Previous

2 of 5

 
About these ads
2 of 5

Fossil fuel subsidies

On the face of it, the failure to explicitly call for an end to fossil fuel subsidies in the nearly 50-page conference text was cited as a major failure, leading to a Twitter campaign of more than 100,000 Tweets. But Mr. Shultz says that the world is talking about it – underlined by the Twitter campaign and far beyond – and that it's one of the most promising developments in terms of the public coalescing around an idea towards a sustainable future.

“There is a clear consensus that the first order of business is to get rid of subsidies for gas and oil and carbon,” he says. “I think that everybody from the World Bank to leftists in Latin America are talking about that.”

Next Previous

2 of 5

 

Share