Feb 13, 2023 ¡P Our findings suggest that the crunch caused by the war in Ukraine may, in fact, have fast-tracked the transition by an astonishing five to ten years.
Mar 11, 2024 ¡P No one is being forced to buy oil (though in many places people receive subsidies to help them do so). And every economy needs it. Nevertheless, ...
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Oct 30, 2021 ¡P As energy prices spike, governments reach for the dirtiest tool in the box. A new IMF study shows that fossil-fuel subsidies are a climate nightmare.
Jul 28, 2022 ¡P While across-the-board fuel subsidies may be good politics, they are bad policy. Since the better-off consume more petrol than the poor, they do nothing to ...
Mar 8, 2001 ¡P The extent to which oil is subsidised by America's defence budget is a matter of lively debate among energy economists. Some point to the ...
Jun 8, 2023 ¡P Nigeria's new president, Bola Tinubu, sent his compatriots rushing to the petrol stations. ¡§Fuel subsidy is gone,¡¨ he declared during his swearing-in.
Jul 27, 2015 ¡P Fossil fuels are reaping support of $550 billion annually, according the International Energy Agency (IEA), an organisation that represents oil- ...
Aug 24, 2023 ¡P Fossil-fuel subsidies surged to a record $7 trillion last year as governments supported consumers and businesses during the global spike in energy prices.
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EIU's latest report explores how the subsidy race is reshaping climate policy and geopolitics and outlines their impact on the progress of energy transition.
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Jun 20, 2024 ¡P In the case of solar power, demand was created and sustained by subsidies early this century for long enough that falling prices became ...