Baker Institute: energy-subsidy reform can be achieved with proper preparation, outside pressure
Green Car Congress
MAY 5, 2014
Reform of energy subsidies in oil-exporting countries can reduce carbon emissions and add years to oil exports, according to a new paper from Rice University''s Baker Institute for Public Policy. Indonesia, for example, after failed attempts in 1997 and 2003, successfully raised fuel prices in 2005 and 2008.
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