WASHINGTON (AP) — The International Monetary Fund chief is urging governments to phase out energy subsidies as a key step to address climate change.
Christine Lagarde said Tuesday that such subsidies, particularly for fossil fuels, only encourage the use of more energy and disproportionately benefit wealthier individuals, who can afford to use more energy, instead of the poor.
Lagarde said $485 billion is spent today globally on energy subsidies and said it should all be gradually removed. She also encouraged governments to "get the pricing right" on energy, including carbon taxes and other taxes on energy use.
She was speaking at a panel discussion in Washington on ways the IMF and the World Bank are trying to tackle climate change from an economic perspective.
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Police responded to dozens of weather-related crashes in only a matter of hours Sunday.
A small plane crashed at about 8 a.m. Sunday morning on the Canyon Rim Trail near N.M. 502 and the entrance of Los Alamos.
Sunday night in Albuquerque and around the world people gathered for candlelight vigils to remember the loss of their children.
Department of Agriculture officials are warning customers to not get burned when buying firewood.
Church groups, parents and teachers met Sunday at the 20th annual Albuquerque Interfaith Convention. State education reform was their central focus.
Police officers were called out to Lovelace Hospital on Saturday after a patient woke up to find his laptop missing.