Dec 20, 2017 - The New Zealand Ministry of Foreign Affairs and Trade has today released a video calling for international action against the US$425 billion annual spend on fossil fuel subsidies. “Many countries have made political commitments to reduce these harmful subsidies, but progress has been too slow,” warns Vangelis Vitalis, Deputy Secretary, New Zealand Ministry of Foreign Affairs and Trade. “We believe that a solution for addressing this lack of action is to drive enforceable change through the World Trade Organisation (WTO).” Last week New Zealand’s Minister for Trade and Export Growth, David Parker, presented this proposal to…