Ronald Steenblik's avatar

Ronald Steenblik

@ronsteenblik.bsky.social

The qualifier, "inefficient" goes back to the G20 Leaders' declaration at the Pittsburgh Summit in September 2009. It was inserted, among other reasons, to allow targeted subsidies to low-income households (such as the LIHEAP in the USA), and subsidies to help coal mines close down in the EU.

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Ronald Steenblik's avatar Ronald Steenblik @ronsteenblik.bsky.social
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"Inefficient" then got incorporated into the APEC Leaders' 2009 pledge (albeit retroactively), the G7's 2016 pledge, SDG Target 12.c, and the UNFCCC's commitments.

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