This study by the Economic Research Insitute for ASEAN and East Asia (ERIA) explores the impact of energy subsidies and provides policy recommendations to gradually phase out energy subsidies in the East Asia Summit (EAS) region. Fossil fuel subsidies amounted to about $51 billion in Southeast Asia for 2012 alone (ERIA and IEA, 2013). While some ASEAN countries have taken action to remove energy subsidies, such action, which is often politically sensitive, must be accompanied by careful strategy and steps. The full report is available to download on the ERIA website.