The Group of 20 major economies will agree to "continue working" to phase out fossil fuel subsidies while allowing member nations to develop their own approaches for doing so, a draft G20 document shows. The draft version of the summit communique, obtained by Reuters before the G20 leaders meeting in Toronto this weekend, suggests a softening in language from the group's commitment last year to eliminate subsidies for fuels such as oil and gas. "We reviewed progress made to date in identifying inefficient fossil fuel subsidies that encourage wasteful consumption," said the text of the document, which must be agreed by leaders and could change in the coming days.

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