Why are we still subsidising fossil fuels?

Published: Jan. 29, 2023, 11:30 p.m.

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In 2009, the G20 countries pledged to phase out 'inefficient' fossil fuel subsidies, which have long been seen as an obstacle to fighting climate change. But today, subsidies for oil and gas producers are at record levels -- $64 billion in 2021. It\\u2019s not just to do with the war in Ukraine.

Despite its image as a leader on climate change, the UK is listed as one of the worst offenders for government support to oil and gas producers because of its generous tax relief. \\nWe hear from the centre of the UK\\u2019s oil and gas industry in Aberdeen, Scotland, about the difficult balance between energy security, jobs and climate change.

Presenters Graihagh Jackson and Luke Jones are joined by:

Ipek Gensu, Senior Research Fellow at Overseas Development Institute \\nLord Deben, Chairman of the UK\\u2019s independent Climate Change Committee and former Secretary of State for the Environment from 1993-97 \\nKevin Keane, BBC Scotland\\u2019s Environment, Energy and Rural Affairs correspondent \\u2013 at Aberdeen port \\nFran Bell, Fiscal and Investor Relations Manager at Offshore Energy UK

Email us: theclimatequestion@bbc.com

Producer: Sophie Eastaugh \\nResearcher: Natasha Fernandes \\nSeries Producer: Alex Lewis \\nEditor: China Collins \\nSound Engineer: Tom Brignell \\nProduction Co-ordinators: Helena Warwick Cross and Siobhan Reed

Archive: The Obama White House

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