Italy
Country indicators
Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
News

3 essential steps towards ending fossil fuel subsidies
Fossil fuel subsidies persist despite the climate crisis. They distort the energy market by keeping fossil fuel prices artificially low. Removing these subsidies must be accompanied by social programmes that will reduce the impact on the poorest household.

Redirecting subsidies for the good of nature
A lot of money is needed to prevent spiralling biodiversity loss; somewhere between US$598 billion and US$824 billion a year

Pacific islands make lonely case for carbon price on shipping
Pacific Islands called for a price on shipping pollution, tepid support from European nations
Reports

Cutting Europe’s lifelines to coal – Tracking subsidies in 10 countries (ODI)
This report by the Overseas Development Institute (ODI) reviews subsidies to coal in 10 countries that produce 84% of Europe’s energy-related greenhouse gas emissions: France, the Czech Republic, Germany, Greece,

Taxing Energy Use 2015 (OECD)
This OECD report provides a systematic analysis of the structure and level of energy taxes in OECD and selected partner countries, which together cover 80% of global energy use. The

OECD-IEA inventory of fossil fuels and other support
The OECD-IEA Inventory of Support Measures for Fossil Fuels provides updated fossil fuel support data for 34 OECD member countries and six partner countries, including a number of measures applied
Policy Briefs

Italy – Country profile
Background Italy is a founding member state of the EU. It has over 61 million inhabitants (2014 figure) and is the fourth-largest economy in the EU with a GDP in