Tuesday, October 4, 2011

OECD & IEA: Reforming Fossil-Fuel Subsidies Will Improve The Economy

By Tomaz Ostir, October 4, 2011
In the “about-to-be-published” (Novemeber 9) World Energy Outlook, emphasizes the importance of reforming the fossil-fuel subsidies. Their claim is that Removing inefficient subsidies would raise national revenues and reduce greenhouse-gas emissions, according to OECD and IEA analyses. It seems that the IEA expects not only lower expenditure on subsidies and thereof higher revenues on the...  » Continue...

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