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Étiqueté : fossil-fuel subsidy reform

Fossil-Fuel Subsidies and Climate Change : Options for policy-makers within their Intended Nationally Determined Contributions

In 2014 almost 30 countries, including Egypt, Indonesia and India, delivered some form of fossil-fuel subsidy reform (FFSR). Current low oil prices make the removal of consumer fossil-fuel subsidies to the public easier because, depending on the level of subsidies, pass-through costs to the consumer are lowered.