{"id":1415,"date":"2014-11-11T07:44:55","date_gmt":"2014-11-11T12:44:55","guid":{"rendered":"http:\/\/olduvai.ca\/?p=1415"},"modified":"2014-11-11T07:47:16","modified_gmt":"2014-11-11T12:47:16","slug":"bbc-news-fossil-fuel-promises-are-being-broken-report-says","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=1415","title":{"rendered":"BBC News &#8211; Fossil fuel promises are being broken, report says"},"content":{"rendered":"<p><a href=\"http:\/\/www.bbc.com\/news\/uk-politics-29985382\">BBC News &#8211; Fossil fuel promises are being broken, report says<\/a>.<\/p>\n<p id=\"story_continues_1\" class=\"introduction\" style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; font-weight: bold; padding: 0px; margin: 0px 0px 18px 0px;\">World governments have been breaking promises to phase out subsidies for fossil fuels, a report says.<\/p>\n<p style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; padding: 0px; margin: 0px 0px 18px 0px;\">The Overseas Development Institute says G20 nations spent almost \u00a356bn ($90bn) a year finding oil, gas and coal.<\/p>\n<p style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; padding: 0px; margin: 0px 0px 18px 0px;\">It comes despite evidence that two thirds of existing reserves must be left in the ground if the world is to avoid dangerous climate change.<\/p>\n<p style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; padding: 0px; margin: 0px 0px 18px 0px;\">A government spokesman said the North Sea oil and gas industry &#8220;creates jobs and generates investment&#8221; in the UK.<\/p>\n<p style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; padding: 0px; margin: 0px 0px 18px 0px;\">The spokesman said the tax regime for oil and gas includes a number of allowances which reduce the tax burden on specific, challenging gas or oil fields.<\/p>\n<p style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; padding: 0px; margin: 0px 0px 18px 0px;\">Allowances did not constitute a subsidy, he added.<\/p>\n<p style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; padding: 0px; margin: 0px 0px 18px 0px;\">The UK government has previously said it was helping firms find fossil fuels within the UK to increase energy security, attract royalties and help with the balance of payments.<\/p>\n<p style=\"color: #333333; font-family: Arial, Helmet, Freesans, sans-serif; line-height: 18px; font-size: 1.077em; text-rendering: auto; clear: left; padding: 0px; margin: 0px 0px 18px 0px;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BBC News &#8211; Fossil fuel promises are being broken, report says. World governments have been breaking promises to phase out subsidies for fossil fuels, a report says. The Overseas Development Institute says G20 nations spent almost \u00a356bn ($90bn) a year finding oil, gas and coal. It comes despite evidence that two thirds of existing reserves [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[3,4],"tags":[113,1004,328,638],"class_list":["post-1415","post","type-post","status-publish","format-standard","hentry","category-energy-2","category-environment","tag-carbon-emissions","tag-co2","tag-fossil-fuels","tag-pollution"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1415","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1415"}],"version-history":[{"count":2,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1415\/revisions"}],"predecessor-version":[{"id":1417,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/1415\/revisions\/1417"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1415"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1415"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1415"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}