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How Large Are Global Fossil Fuel Subsidies?

David Coady, Ian Parry (), Louis Sears and Baoping Shang

World Development, 2017, vol. 91, issue C, 11-27

Abstract: This paper estimates fossil fuel subsidies and the economic and environmental benefits from reforming them, focusing mostly on a broad notion of subsidies arising when consumer prices are below supply costs plus environmental costs and general consumption taxes.

Keywords: energy subsidies; global warming; air pollution; efficient taxation; deadweight loss; revenue (search for similar items in EconPapers)
Date: 2017
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