The Environmental Cost of Global Fuel Subsidies

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The Environmental Cost of Global Fuel Subsidies

Despite increasing calls for reform many countries continue to provide subsidies for gasoline and diesel. This paper quantifies the external costs from global fuel subsidies using the latest available data and estimates from the World Bank and International Monetary Fund. Under preferred assumptions about supply and demand elasticities, current subsidies cause $44 billion in external costs annu...

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ژورنال

عنوان ژورنال: The Energy Journal

سال: 2017

ISSN: 0195-6574

DOI: 10.5547/01956574.38.si1.ldav