
Fossil-fuel subsidies: a litany of broken promises
Olivier Vardakoulias and Giulia Nardi
While pledged to phase out fossil-fuel subsidies by 2025, EU member states are spending more than at any point since 2015.
Author profile

Olivier Vardakoulias is an economist working for Climate Action Network (CAN) Europe. Previously, he was lead economist at WWF Greece and senior economist at the UK-based New Economics Foundation. He has worked for years on environmentally sustainable economic models.

Olivier Vardakoulias and Giulia Nardi
While pledged to phase out fossil-fuel subsidies by 2025, EU member states are spending more than at any point since 2015.