Agence France-Presse: Phasing out fossil fuel subsidies should cut greenhouse gas emissions by 10 percent from levels they would otherwise reach in 2050, the OECD said Wednesday. “Many governments are giving subsidies to fossil fuel production and consumption that encourage greenhouse gas emissions at the same time as they are spending on projects that promote clean energy,” Angel Gurria, head of the Organisation for Economic Cooperation and Development, said in a statement. “This is a wasteful use …