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G20 countries pay over $1,000 per citizen in fossil fuel subsidies, say IMF World's leading economies still paying trillions in subsidies despite pledges to phase them out, new figures show Subsidies for fossil fuels amount to $1,000 (£640) a year for every citizen living in the G20 group of the world's leading economies, despite the group's pledge in 2009 to phase out support for coal, oil and gas.
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