UN urges to eliminate fossil fuel subsidies

UN urges to eliminate fossil fuel subsidiesUN chief Ban Ki-moon called Tuesday for the "elimination of fossil fuel subsidies" to accelerate the transition to clean energy for the sake of the planet, AFP.

UN chief spoke in Marrakesh at the annual UN climate conference calling countries and businesses to take more action in fight against global warming caused by fossil fuel emissions.

"We have no right to gamble with the fate of future generations or imperil the survival of other species that share our planet," Ban said.

Ban said planet-warming greenhouse-gas emissions must peak by 2020 and decline rapidly thereafter for the world to meet the UN goal of limiting average global warming to under two degrees Celsius (3.6 degrees Fahrenheit) over pre-industrial levels.

Current country pledges to curb emissions "will not get us out of us the danger zone," he warned.
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