Ronald Steenblik, Jehan Sauvage, Jagoda Egeland, 15 September 2012

Reforming fossil fuel subsidies might seem to be an easy option – reduced fiscal outlays would help with debt problems while also helping to reduce greenhouse gas emissions. This column argues that, despite growing interest in reforming them, there still exists much confusion over the concept and magnitude of fossil fuel subsidies – and this needs to change first.

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