IISD Releases Five-Part Series of Reports on Removing Fossil Fuel Subsidies
Green Car Congress
APRIL 22, 2010
This figure includes subsidies to lower the prices of petroleum products, kerosene or liquefied petroleum gas (LPG), typically in developing countries, as well as subsidies to the oil, gas or coal industries, provided by many governments in both developing and developed countries. The issue of fossil-fuel subsidies drives right to the heart of climate change and sustainable development and must be addressed urgently.