Truthout
G20
World Could Raise $2.1 Trillion Annually by Adopting Spain’s Wealth Tax
A tax on the top 0.5 percent of households could raise enough to finance climate action as well as other pressing needs.
Banks and G20 Nations Spent at Least $55 Billion a Year Financing Fossil Fuels
The U.S. spent an average of $2.6 billion on fossil fuel investments, and just $358 million on renewables from 2019-21.
G20 Summit Fails to Deliver on Vaccine Equity, Climate Action
G20 nations constitute 62 percent of the global population but have used 82 percent of the world's COVID-19 vaccines.
Don’t Expect Real Climate Solutions From COP26. It Functions for Corporations.
G20 countries pretend they are committed to climate action, but they pledged nearly $300 billion to fossil fuel.
Biden and the Democrats Are Getting Serious About Raising Corporate Taxes
Democrats want to raise taxes on multinational corporations to help fund Biden's infrastructure plan.
Trump Passes on COVID Vaccine Summit as Pandemic Cases in US Exceed 12 Million
Donald Trump skipped a virtual summit with G20 leaders on financing vaccine collaborations to go golfing.
Ending Fossil Fuel Subsidies the Wrong Way Could End Up Hurting the Poor
Ending consumer subsidies would raise prices without lowering energy use enough to meaningfully reduce emissions.
Catastrophic Wildfires Threaten Sydney, Australia, as Government Backs Coal
A new report finds that Australia’s emissions are increasing and there's no plan to rein them in.
G20 Host Argentina Considers a Probe of Saudi Crown Prince
Saudi Crown Prince Mohammed bin Salman could face prosecution in Argentina.
Even as All G20 Countries Except US Affirm Paris Deal, Nations Pour $72 Billion a Year Into Fossil Fuels
On Saturday, world leaders broke with the United States on climate change.