Global Fossil Fuel Subsidies Remain Large : An Update Based on Country-Level Estimates / David Coady, Ian Parry, Nghia-Piotr Le, Baoping Shang.

This paper updates estimates of fossil fuel subsidies, defined as fuel consumption times the gap between existing and efficient prices (i.e., prices warranted by supply costs, environmental costs, and revenue considerations), for 191 countries. Globally, subsidies remained large at USD 4.7 trillion...

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Online Access: Full Text (via IMF e-Library)
Main Author: Coady, David
Other Authors: Le, Nghia-Piotr, Parry, Ian, Shang, Baoping
Format: eBook
Language:English
Published: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF working paper ; WP/2019/089.

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