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World funds own destruction with USD1.8T subsidies

LONDON (AFP) – The world must by 2030 slash USD1.8 trillion in annual subsidies that destroy the environment, to “finance a net-zero global economy”, according to a study on Thursday from business groups including one founded by tycoon Richard Branson. The report, estimating the value of damaging state subsidies, was commissioned by Branson’s nonprofit initiative
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