Inventory of estimated budgetary support and tax expenditures for fossil fuels

Inventory of estimated budgetary support and tax expenditures for fossil fuels : preliminary version / International Energy Agency. Paris : OECD, 2011, 355 p.

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The report inventories 24 countries that account for 95% of the OECD’s primary energy supply, of which petroleum made up approximately 54%. It discusses not only the subsidies themselves, but trends and examples of good practice in reforming subsidy systems. It highlights that approximately US$500 billion dollars were paid out in 2010 to subsidize fossil fuel production and consumption. It stresses that, although in many countries such subsidies are designed to assist the poor, they often fail to meet these goals and instead encourage excess consumption, reduce energy security, impede investment in clean energy, and undermine efforts to deal with climate change challenges. OECD Secretary-General Angel Gurria said phase-outs were also possible in such situations, stressing the need for “well-targeted, transparent and timebound programmes to assist poor households and energy workers who might be adversely affected in the short-term.”… (info source © IISD


→→ A propos de ce rapport :

  • IEA’s press release 4/10/2011 :
  • 500 milliards de dollars de subventions à la consommation d’énergies fossiles dans le monde, la Tribune, 5/10/2011
  • Le coût toujours plus élevé des aides aux énergies fossiles, le Monde, 7/10/2011

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