G7 nations continue to spend billions on oil, gas and coal each year

The G7 nations continue to support the oil, gas and coal industry with USD 100 billion each year despite climate goals, a new report shows.
Photo: ritzau/Vahid Salemi/AP
Photo: ritzau/Vahid Salemi/AP

The big G7 countries continue to pump a total of over USD 100 billion into the oil, gas and coal industry each year, concludes a new report by a group of researchers from a British think tank, anti-fossil energy organization in the US, a Canadian sustainability think tank as well as US environmental organization NRDC, reports Euractiv.

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