When it comes to tackling the climate crisis, ending $400 billion in annual subsidies to the fossil-fuel industry worldwide seems like a no-brainer. For the past decade world leaders have been resolving and reaffirming the need to phase them out. All the 2020 Democratic presidential candidates committed to eliminating fossil-fuel subsidies, and the vast majority of the American public supports doing so. International financial institutions such as the World Bank and International Monetary Fund have joined the chorus, pointing to the benefits of reform.In 2018, however, a group of...…When it comes to tackling the climate crisis, ending $400 billion in annual subsidies to the fossil-fuel industry worldwide seems like a no-brainer. For the past decade world leaders have been resolving and reaffirming the need to phase them out. All the 2020 Democratic presidential candidates committed to eliminating fossil-fuel subsidies, and the vast majority of the American public supports doing so. International financial institutions such as the World Bank and International Monetary Fund have joined the chorus, pointing to the benefits of reform.In 2018, however, a group of...WW…