Tag Archives: fossil fuel subsidies

World is ‘backsliding’ on gasoline subsidies, finds study

cars in parking lot
Cars in parking lot, Oceanside, United States

Taxes on gasoline effectively reduce CO2 emissions, yet they are lower now than they were 13 years ago, finds a new study

January 9, 2017 — By increasing taxes and removing subsidies for fossil fuels, governments provide an incentive for consumers to start using cleaner alternatives. However, this mechanism is not being put Continue reading World is ‘backsliding’ on gasoline subsidies, finds study