UN chief: don’t use taxpayer cash to rescue carbon-intensive industries

UN chief: don’t use taxpayer cash to rescue carbon-intensive industries

Governments should not use taxpayer cash to rescue fossil fuel companies and carbon-intensive industries, but should devote economic rescue packages for the coronavirus crisis to businesses that cut greenhouse gas emissions and create green jobs, the UN secretary general has urged.. "Where taxpayers' money is used to rescue businesses, it must be creating green jobs and sustainable and inclusive growth," said António Guterres, speaking at the Petersberg Climate Dialogue, a virtual meeting of more than 30 governments on the climate crisis, which concluded on Tuesday. ". Many countries are planning big investments in fossil fuel industries as part of their economic rescue packages.. No date has to be set for the rearranged meeting, but work is continuing on diplomatic engagement aimed at encouraging countries to come forward with more ambitious climate plans, according to the UK government..