29 November 2017 – All economists who accept the scientific reality of climate change support public policies that make polluters pay more for the costs they impose on society. But it
This note provides guidance on how to approach and assess energy subsidies, quantifying them where possible. It suggests a definition of subsidies and describes options for categorizing and measuring subsidies.
Reforming subsidies can be a complex and politically difficult process. Countries embarking on this journey underline the need for understanding the political context of reform, crafting the right energy pricing,
16 November 2017 – Germany and Mexico released their voluntary peer reviews of fossil fuel subsidies under the G-20 during COP23 in Bonn. This publication is a step towards more transparency
15 November 2017 – Governments should put a price on carbon emissions to help combat global warming and stop making bad bets on fossil fuels, U.N. Secretary-General Antonio Guterres said at
15 November 2017 – The Brazilian government proposed tax relief up to US $300 billion to companies that develop offshore oilfields that opponents claim would use up 7% of humanity’s
From mid-2014 Kuwait has experienced a substantial drop in its oil export price and, consequently, government revenue, causing a severe fiscal deficit and impaired economic performance. Cutting energy subsidies has
10 November 2017 – New Zealand Prime Minister Jacinda Ardern called for an end to subsidies for fossil fuels at the APEC CEO’s Summit. Ardern has frequently described climate change
9 November 2017 – In April 2017, prime ministers of the Nordic countries launched a joint initiative – Nordic Solutions to Global Challenges. Fossil fuel subsidy reform was presented as
This study by researchers Robert Pollin, Heidi Garrett-Peltier and Jeannette Wicks-Lim from the Political Economy Research Institute (PERI) of the University of Massachusetts Amherst examines the benefits of large-scale investments
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