Stop Fossil Subsidies


Stop Fossil Subsidies
The Issue
Fossil fuel subsidies in the EU, estimated at over 400 billion euros based on IMF data, undermine efforts to achieve climate targets set forth in the Paris Agreement and the European Green Deal. They distort energy demand, perpetuate dependence on polluting energy sources, and undermine European energy security, while subsidising industries that contribute significantly to greenhouse gas emissions.
Deliver what you promised
The European Union has committed to the phase out of fossil fuel subsidies ''without delay'' in the 8th Environmental Action Programme, which entered into force in 2022. To date, the European Union has failed to follow up on this commitment. European citizens are urgently waiting for the EU to act in line with the 2019 Declaration of Climate and Environment Emergency and:
- Set a timeline for the phase out of fossil fuel subsidies by 2025
- Adopt comprehensive methodological guidance for member states
- Adopt a framework for transparency and accountability
No climate neutrality with fossil fuel subsidies
The European Union has set itself the objective to be the first climate-neutral continent by 2050, with interim targets of reducing greenhouse gas emissions by 55% by 2030 and by 90% by 2040. This will not happen without an immediate phase out of fossil fuel subsidies, as a step towards a fossil-free Europe.
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2,111
The Issue
Fossil fuel subsidies in the EU, estimated at over 400 billion euros based on IMF data, undermine efforts to achieve climate targets set forth in the Paris Agreement and the European Green Deal. They distort energy demand, perpetuate dependence on polluting energy sources, and undermine European energy security, while subsidising industries that contribute significantly to greenhouse gas emissions.
Deliver what you promised
The European Union has committed to the phase out of fossil fuel subsidies ''without delay'' in the 8th Environmental Action Programme, which entered into force in 2022. To date, the European Union has failed to follow up on this commitment. European citizens are urgently waiting for the EU to act in line with the 2019 Declaration of Climate and Environment Emergency and:
- Set a timeline for the phase out of fossil fuel subsidies by 2025
- Adopt comprehensive methodological guidance for member states
- Adopt a framework for transparency and accountability
No climate neutrality with fossil fuel subsidies
The European Union has set itself the objective to be the first climate-neutral continent by 2050, with interim targets of reducing greenhouse gas emissions by 55% by 2030 and by 90% by 2040. This will not happen without an immediate phase out of fossil fuel subsidies, as a step towards a fossil-free Europe.
Visit urgentletter.eu and share the open letter with our social media toolkit.

2,111
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Petition created on September 17, 2024


