Subsidies

Energy subsidy reform in action: approaches and insights from recent research on energy subsidy reform

This report summarizes the findings of a review aimed at understanding emerging approaches to energy subsidy reform, discerning trends, and identifying major strands of thinking and research in the field, as reflected in major policy and academic journals relevant to the subject. The review was initiated in early 2020 as …

Australian Solar Industry Receives Public Support And Academic Criticism

A new survey found that 77% of Australians believe large-scale solar facilities can be of great help to the future, but the news comes at the same time as a separate report criticizing the Australian Government’s solar industry subsidies. Solar Receives Public Support Commissioned by the Australian Renewable Energy Agency, …

Promises to keep and the promises kept

From rewarding e-rickshaw and auto drivers, and residents of unauthorised colonies, the Aam Aadmi Party government’s 100 days in office were underlined by welfare schemes as grand as the political mandate bestowed upon it by voters from each category. Transport Minister Gopal Rai told The Hindu the government has no …

Energy subsidies top $6.6 trillion, lift carbon emissions by a fifth: IMF study

The world subsidises energy consumption to the tune of more than $200,000 per second, with about 60 per cent of that going to support coal, according to researchers at the International Monetary Fund. In a paper published by the IMF, the authors found that energy subsidies are much more than …

Amber Rudd confirms plans to ban onshore wind subsidies

New UK Energy Secretary Amber Rudd has confirmed the Conservative Party's controversial plans to stop subsidies for onshore wind farms, claiming it is top of her agenda at the Department for Energy & Climate Change (DECC). In an interview with the Sunday Times this week, Rudd reiterated the Tories' manifesto …

Cheyyur UMPP: financial plan will make electricity unaffordable

In early January 2015 the Ministry of Power, Government of India (GoI) terminated the bid process for the proposed 4000 MW Ultra Mega Power Plant (UMPP) in Cheyyur, Tamil Nadu. The project is referred to as Plant Cheyyur in this report. The bid process was terminated because seven out of …

Fossil fuels subsidised by $10m a minute, says IMF

Fossil fuel companies are benefitting from global subsidies of $5.3tn (£3.4tn) a year, equivalent to $10m a minute every day, according to a startling new estimate by the International Monetary Fund. The IMF calls the revelation “shocking” and says the figure is an “extremely robust” estimate of the true cost …

Developing effective off-grid lighting policy: guidance note for Governments in Africa

Creating favourable conditions for modern solar lighting markets can provide a low-cost solution to reducing carbon emissions, indoor air pollution and health risks, while bringing electricity to an estimated 600 million people in Africa who lack access to the power grid, says new report by United Nations Environment Programme (UNEP). …

Rethink India’s energy strategy

India's policy-makers have three big energy goals: providing everyone with access to energy, securing energy supply and trying to limit carbon emissions without encumbering the nation's growth. These important concerns miss the point.

US taxpayers subsidising world's biggest fossil fuel companies

The world’s biggest and most profitable fossil fuel companies are receiving huge and rising subsidies from US taxpayers, a practice slammed as absurd by a presidential candidate given the threat of climate change. A Guardian investigation of three specific projects, run by Shell, ExxonMobil and Marathon Petroleum, has revealed that …

China to increase health care subsidies by 19%

China is to increase health care subsidies by 19 percent this year as part of efforts to deepen social reforms and strengthen safety nets, the government said at the weekend. Government health care subsidies for qualified urban and rural residents will be raised to 380 yuan (US$61.22), from 320 yuan …

Decarbonizing development: three steps to a zero-carbon future

Getting to zero net emissions and stabilizing climate change starts with planning for the long-term future and not stopping at short-term goals. It means getting prices right as part of a broad policy package that can trigger changes in both investments and behaviors, and it requires smoothing the transition for …

How large are global energy subsidies?

This paper provides a comprehensive, updated picture of energy subsidies at the global and regional levels. It focuses on the broad notion of post-tax energy subsidies, which arise when consumer prices are below supply costs plus a tax to reflect environmental damage and an additional tax applied to all consumption …

Achieving the global transition to energy efficient lighting toolkit

The Toolkit is a practical reference manual that identifies many of the essential elements that need to be considered before and after inefficient lighting phase-out schemes have been initiated, including all of the elements of the en.lighten integrated approach.

Panel points out funds shortage for food subsidy

A Parliamentary panel stated here on Monday that the Food Ministry had a shortage of Rs. 81,000 crore to make subsidy payments and urged the Centre to take action. It also expressed concern regarding non-implementation of the National Food Security Act (NFSA) that was ratified in July 2013 but has …

Trade and green economy: a handbook

This handbook aims to foster a better understanding of the interlinkages between international trade, the environment and the green economy. It therefore focuses on national and international trade policy and rules, on environmental governance and principles, and the relationship between both. This third edition of Environment and Trade: A Handbook …

Solar Costing a Third of Retail Power Emerges in Germany

Germany’s cost of producing solar energy has shrunk to about a third of the price households pay for power after the nation made developers compete for subsidies. Most bids to build large ground-mounted solar plants in the first solar auction came in at 9 euro cents (9.7 U.S. cents) to …

Norway to review electric car subsidies as sales soar

Norway is reviewing its subsidies for electric vehicles after generous government incentives made the country the biggest user of battery powered cars in the world, hurting state revenues, the finance ministry said. Norway registered its 50,000th electric car on Monday, almost three years earlier than expected thanks to government schemes …

Subsidies key in improving sanitation, new study finds

With poor sanitation estimated to cause 280,000 deaths per year worldwide, improving sanitation is a key policy goal in many developing countries. Yet governments and major development institutions disagree over how to address the problem. A new study released in Science today found that in Bangladesh, a community-motivation model that …

IMF calls for cut in fossil energy subsidies amid low oil prices

Falling oil prices provide a golden opportunity to reduce inefficient fossil energy subsidies in favor of more productive and equitable spending, said the International Monetary Fund (IMF) in a newly-released report Wednesday. "Energy tax reform could help reduce negative externalities caused by energy consumption, such as pollution and global warming …

Just a little bit richer

THE villagers of Dingjiayan subsist on corn, potatoes, sunflowers and the few vegetables they grow. They sell the surplus and buy meat and a few other necessities in the nearby county town of Tianzhen. Its mud-and-brick buildings, and its setting among dusty hills in the north-eastern corner of Shanxi province, …

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