Reforming fossil fuel subsidies in Southeast Asia

13 May 2017 – Han Phoumin (Energy Economist, ERIA Institute) argues that Southeast Asian countries should stop subsidizing fossil fuels. In Southeast Asia alone, fossil fuel subsidies amounted to US$51 billion (1.77 trillion baht) in 2012. While removing such subsidies can bring about economic, social and environmental benefits in the long term it can lead to rising costs of living in the short term, hence requiring policies that safeguard the poor. Read the full article on the website of the Bangkok Post.