Fossil Fuel Subsidies in Asia by Asian Development Bank

Fossil Fuel Subsidies in Asia

By Asian Development Bank

  • Publication Date: 2016-03-01
  • Genre: Engineering

Book Summary

Unsustainable budgetary cost of selling oil, gas, and coal at low prices has propelled energy subsidy reform in developing Asian economies. 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. Using the money freed up from subsidies to compensate poor households and to increase government budgets will offset the negative effects of the initial price rise, promote sustainable energy use, and help allay the fears of reform.

Book Related Tags : Read online Fossil Fuel Subsidies in Asia by Asian Development Bank, Fossil Fuel Subsidies in Asia by Asian Development Bank PDF ebook , Fossil Fuel Subsidies in Asia Asian Development Bank epub ebook download , Fossil Fuel Subsidies in Asia Asian Development Bank audiobook download , Fossil Fuel Subsidies in Asia PDF E-BOOK download, Fossil Fuel Subsidies in Asia MOBI/AZN eBOOK , Fossil Fuel Subsidies in Asia EPUB iPhone, Fossil Fuel Subsidies in Asia PDF ereader, Asian Development Bank's book review, free ebook download, Fossil Fuel Subsidies in Asia book online review, Engineering

Comments