Scrapping fossil fuel subsidies could play an important role in cutting greenhouse gases while giving a small but not insignificant boost to the global economy a new report by the UN Environment Programme (UNEP) says.
The report challenges the widely held view that such subsidies assist the poor arguing that many of these price support systems […]

Fossil Fuel

In common dialogue, the term fossil fuel also includes hydrocarbon-containing natural resources that are not derived from animal or plant sources.
These are sometimes known instead as mineral fuels.
The utilization of fossil fuels has enabled large-scale industrial development and largely supplanted water-driven mills, as well as the combustion of wood or peat for heat.
Fossil fuel is […]