Oakland,CA— Green For All has joined with leading environmental organizations in calling on world leaders to cut nearly $1 trillion in fossil fuel subsidies as they meet at Rio+20 Earth Summit this week. Working with 350.org, Avaaz, Climate Reality Project, Earth Day Network, Friends of the Earth International, Global Exchange, Greenpeace International, Greenpeace Australia, Greenpeace New Zealand, League of Conservation Voters, Natural Resource Defense Council, Oil Change International, Oxfam, Quercus, SumOfUs, Wild Aid and World Wildlife Fund, more than 1 million people have already signed the petition on www.endfossilfuelsubsidies.org calling for change to the subsidies.
As part of the global movement to end fossil fuel subsidies, Green For All released “Global WarNing”, starring Seasunz and J. Bless from Earth Amplified, feat. Stic.Man of Dead Prez. The song and video point to the world’s most profitable companies that are given billions of dollars in subsidies despite their record of polluting.
“We need to invest in creating jobs, not in making fossil fuel companies more profitable,” said Phaedra Ellis-Lamkins, CEO of Green For All. “Fossil fuel companies are among the world’s worst polluters, and Americans that suffer the health consequences of pollution stand to benefit the most from ending these subsidies. This outpouring of support shows just how important energy is to Americans, and the need to change our policies so that we are investing more in creating jobs and keeping our environment clean.”
For 24 hours between June 18th and 19th, as world leaders gather at the G20 summit and prepare for Rio+20, hundreds of thousands of people around the world will tweet with the same hashtag -- #EndFossilFuelSubsidies -- at celebrities and politicians, flooding the popular social network with their demands and demonstrating to world leaders the need to change policy.
According to figures compiled by Oil Change International, countries are spending as much as $1 trillion USD combined annually on fossil fuel subsidies. The International Energy Agency estimates that by ending these subsidies, the world can cut global warming causing emissions in half and significantly contribute to preventing a 2 degree temperature rise, the limit most scientists say we need to stay under to prevent runaway climate change.
In May, leaders of the G20 again pledged to eliminate fossil fuel subsidies. They first made the commitment in 2009 but have yet to implement the policy change at the country level. While global warming emissions rise and gas prices spike, fossil fuel companies continue to make massive profits, which brings into doubt the need for subsidies. ExxonMobil, for example, made $41.1 billion USD in profit in 2011.