Tue, 21-Oct-2025

World funds own destruction with $1.8T subsidies

destruction

LONDON – The world must by 2030 slash $1.8 trillion in annual subsidies that destroy the environment, in order to “finance a net-zero global economy”, according to a study from business groups including one founded by tycoon Richard Branson. The report, estimating the value of damaging state subsidies, was commissioned by Branson’s nonprofit initiative The … Read more