Phasing out the use of fossil fuels remains a burning issue in fighting climate change
IF THE world is to avoid climate catastrophe, it will have to forego burning almost 90% of proven coal reserves, plus one-third of oil and half of natural gas reserves.
But instead of implementing policies aimed at realising that objective, governments continue not only to subsidize the fossil-fuel industry, but also to use scarce public resources to find new reserves. That has to change — and fast.
