cover image: Fossil-Fuel Subsidy Reform Communique

Fossil-Fuel Subsidy Reform Communique

17 Apr 2015

The elimination of fossil-fuel subsidies would make a significant contribution to this shared objective.By keeping prices artificially low, fossil-fuel subsidies encourage wasteful consumption, disadvantage renewable energy, and depress investment in energy efficiency. Fossil-fuel subsidy reform also has both economic and environmental benefits, thereby supporting our shared global commitment to sustainable development.
subsidies

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