"This volume provides the most comprehensive estimates of worldwide energy subsidies currently available, drawing on … "how to do" energy subsidy reform, drawing on insights from 22 country case studies and analyses carried out by other …

Energy subsidies have wide-ranging economic consequences. While aimed at protecting consumers, subsidies aggravate … fiscal imbalances, crowd-out priority public spending, and depress private investment, including in the energy sector …. Subsidies also distort resource allocation by encouraging excessive energy consumption, artificially promoting capital …