Fossil Fuel Subsidies in Asia: Trends, Impacts, and Reforms - Integrative Report

Asian Development Bank Institute

Working Papers from eSocialSciences

Abstract: This report measures the size of associated subsidies on these fossil fuels including direct transfers, tax exemptions, subsidized credit, and losses of state enterprises in India, Indonesia, and Thailand. An analysis of complex interactions between economic, social, energy, and environmental issues shows that the initial rise in energy prices due to a reduction or removal of the subsidies will nudge households and businesses to shift to alternative fuels, make investment in clean energy attractive, increase energy supply, reduce energy shortages, and cut greenhouse gas emissions.

Keywords: Fossil; electricity; policies; subregional; unconventional; inventory; macroeconomic; energy; environmental; distributional; fiscal; economy; price behavior; world; greenhouse gas emissions. (search for similar items in EconPapers)
Date: 2017-06
Note: Institutional Papers
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