Saturday, January 11, 2014

Southeast Asia must remove $51 billion of fossil fuel subsidies that distort energy markets: IEA chief

 

Southeast Asia must remove $51 billion of fossil fuel subsidies that distort energy markets: IEA chief

The International Energy Agency chief economist Fatih Birol says governments are starting to phase these out, but there must be a sense of urgency to remove these distortions to foster more competitive, efficient energy markets

http://www.eco-business.com/news/southeast-asia-must-remove-51-billion-fossil-fuel-subsidies-distort-energy-markets-iea-chief/

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