Fossil Fuels - At What Cost?
Globally, subsidies to fossil fuels may be on the order of US$ 600 billion per year, of which the GSI estimates about US$ 100 billion is provided to producers. Nobody knows the real number, however, because there is no international framework for regularly monitoring fossil-fuel subsidies. In the "Fossil Fuels - At What Cost?" series, the GSI works to improve subsidy estimates by undertaking detailed country surveys of these subsidies for producers. Studies to date include Canada, Indonesia, Norway and Russia.Read More