Fossil Fuel Subsidies in Asia: Trends, Impacts and Reforms (ADB)

This report by the Asian Development Bank measures the size of subsidies on fossil fuels including direct transfers, tax exemptions, subsidized credit, and losses of state enterprises in India, Indonesia, and Thailand. It explores the impacts of energy subsidy reform efforts in these countries and how using the money freed up from subsidies to compensate poor households and to increase government budgets can offset negative effects from an initial price rise, promote sustainable energy use, and help allay the fears of reform. The report is available to download from the website of the Asian Development Bank.