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This contribution discusses WTO subsidies disciplines in the context of the energy sector. After laying out the relevant disciplines, it will discuss the paradox of WTO law with respect to subsidies towards fossil fuels vis-à-vis those towards renewable energy. It is clear that subsidies on...
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potential resulting from removing fossil fuel subsidies and recycling part of the avoided subsidy and additional revenue from … up to 19.8% in 2050 compared to baseline scenario. We find that subsidy removal is most effective in reducing emissions … 2050, subsidy removal and carbon pricing hold promise in the toolbox of decarbonization options …
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The recent calls for the revival of the Oil Price Stabilization Fund (OPSF) are tantamount to a call for a policy reversal, that is, reversal of the downstream oil industry deregulation that began in 1998. The history of the OPSF presents important lessons for policymakers. Petroleum price...
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This database refers to the OECD Inventory of Support Measures for Fossil Fuels, taking stock of almost 800 spending programmes and tax breaks used by governments in OECD countries and key emerging G20 economies (Brazil, China, Colombia, India, Indonesia, Russia and South Africa) to encourage...
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percent of the 2020 subsidy reflects undercharging for supply costs (explicit subsidies) and 92 percent for undercharging for …
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