Monthly Archives: August 2012

The politics of fossil fuel subsidy reform

I have just posted the following as a guest on Duncan Green’s From Poverty to Power blog:

In recent years up to $500 billion a year or more has been spent globally on making high-carbon fuels cheap, with around 40% of that in developing countries, including some of the big emerging economies such as China, India, Indonesia and South Africa.

From a policy perspective, reducing fossil fuel subsidies is a no-brainer. Continue reading

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