"BARCELONA - After this week's G20 summit in China failed to set a target year to phase out hundreds of billions of dollars in state subsidies for polluting fossil fuels, green groups and experts are urging Germany to finish the job as host of next year's summit.
Ahead of the Sept. 4-5 meeting in Hangzhou, leaders of the world's most powerful economies had faced growing pressure to declare a date to end the subsidies.
In June more than 200 civil society organizations called on the G20 to phase out fossil fuel subsidies by 2020, while insurers managing $1.2 trillion followed suit last month."
Megan Rowling reports for Reuters September 6, 2016.
Source: Reuters, 09/08/2016
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