Fossil fuel subsidies (USD, billions):
Fossil fuel subsidies with externalities (% of GDP):
Raising taxes during an economic downturn might seem counterintuitive but it could be the key to Covid-19 recovery. The secret lies in which taxes to raise: when it comes to impacts on the economy, jobs, and the environment, not all taxes are created equal.
Country plans to gradually raise CO2 tax for oil and gas producers to 2000Nkr per tonne in 2030 By Ole Ketil Helgesen Norway plans to hit oil and gas companies with
2020 was supposed to be the year the EU would launch its ambitious plan to tackle the climate crisis. But why does Europe sabotage its climate goals by subsidising the
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
Learning from Leaders: Nordic and International Best Practice with Fossil Fuel Subsidy Reform (Nordic Council of Ministers)
If we aim to reduce global emissions in order to limit global warming to less than 2°C above pre-industrial levels, then the energy sector is of paramount importance. A critical