As the COP21 summit looms, all sort of interesting data points are emerging: 2013 Together, the institutions provided $8.8 billion in annual financing for fossil fuel production, averaged over 2013 and 2014, “canceling out the $8.8 billion that these institutions financed in ‘clean’ energy over the same time period,” the report said. , Quartz revealed that China , Russia , UK , Brazil and Mexico top its list of biggest spenders on subsidising fossil fuel production in absolute terms. However, on a population spend per capita basis, the list looks very different, with Saudi Arabia on top spending $ 1,850 /capita on fossil fuel subsidies per annum, followed by Russia at $ 246 /capita and then South Korea at $ 446 . Brazil and Mexico almost tie fourth equal at $ 246 and $ 233 per capita. The UK ranks at the fourth biggest fossil-fuel subsidy spender globally in gross terms, and tenth in per capita terms.
As the COP21 summit looms, all sort of interesting data points are emerging: 2013 , Quartz revealed that China , Russia , UK , Brazil and Mexico top its list of biggest spenders on subsidising fossil fuel production in absolute terms. However, on a population spend per capita basis, the list looks very different, with Saudi Arabia on top spending $ 1,850 /capita on fossil fuel subsidies per annum, followed by Russia at $ 246 /capita and then South Korea at $ 446 . Brazil and Mexico almost tie fourth equal at $ 246 and $ 233 per capita. The UK ranks at the fourth biggest fossil-fuel subsidy spender globally in gross terms, and tenth in per capita terms.