Subsidy Watch Blog

The Subsidy Watch blog provides news, commentary and analysis related to subsidies and sustainable development.

Guardian data blog on fossil-fuel subsidies

UK newspaper The Guardian has published an article on fossil-fuel subsidies in its ‘data blog’. The piece accurately reports a summary of the latest data of fossil-fuel subsidies around the world – their size, inefficiency and incidence. The author, Duncan Clark, argues that subsidies in poorer countries are unlikely to be reformed until richer countries reform their own subsidies, which are often harder to identify.

GSI Event - Breaking Down the Political Barriers to Fossil-Fuel Subsidy Reform

RIO DE JANEIRO - 21 JUNE 2012 - An Official side-event to the Rio+20 United Nations Conference on Sustainable Development on the political barriers to fossil fuel subsidy reform.

GSI Event - Overcoming Barriers to Subsidy Reform for a Greener Economy

RIO DE JANEIRO - 19 JUNE 2012 - This event will bring together leading experts from each sector to discuss what the major barriers are to subsidy reform, how these can be overcome and who the critical actors are to affect change at Rio and beyond.

Report Provides Action Plan for Reforming Fuel Subsidies in Indonesia

A new report published by the Global Subsidies Initiative provides a set of recommended actions for progressing fuel subsidy reform in Indonesia.

UNDP Reviews the State of Fossil Fuel Subsidization in the Arab World

The United Nations Development Program (UNDP) has released a report, Energy Subsidies in the Arab World, reviewing the current state of fossil-fuel subsidies and efforts to reform them in seventeen Arab countries. It provides a useful summary of the existing research and discussion on the subject undertaken by the International Energy Agency (IEA), World Bank, International Monetary Fund (IMF) and a number of regional research organizations and media.

Schooling Citizens in the Irrationality of Fossil-Fuel Producer Subsidies

In an op-ed for the Los Angeles Times, Bill McKibben, Middleburgy College professor and founder of the global climate campaign 350.org, highlights the irrationality of U.S. subsidies to fossil-fuel producers by comparison with a type of support that most people are more familiar with - low-interest college loans and scholarships.

GSI Seminar – Engaging Civil Society in India on Energy Subsidy Reform

BANGALORE - 30 March 2012 - The GSI and the Energy Resources Institute (TERI) convened a workshop in Bangalore for civil society and the news media to discuss energy subsidies. 

Side Event - Building Momentum on Fossil-Fuel Subsidy Reform at Rio and Beyond

NEW YORK - 26 March 2012 - The Friends of Fossil Fuel Subsidy Reform group and the IISD’s Global Subsidies Initiative (GSI) convened a side event to the ongoing Rio negotiations, Fossil-Fuel Subsidy Reform: Building Momentum at Rio and Beyond. Chaired by New Zealand, the event set out to discuss why and how fossil-fuel subsidy reform could be advanced at Rio+20 and in other fora.

GSI Seminar – Managing Fuel Subsidy Reform in Indonesia

The Indonesian Government introduced fuel subsidies to increase access to affordable energy, especially for low-income groups. But fuel subsidies today are not well controlled or targeted. They have also been steadily increasing, both in value and volume.

GSI Seminar - Oil and Gas Subsidies in Russia

MOSCOW - 20 February 2012 - GSI and WWF-Russia co-organized the ‘first-of-its-kind’ seminar ‘Comparative Analysis of Oil and Gas Producer Subsidies’ as the a launching pad for a broad debate on the scale and efficiency of various programs of government support for oil and gas producers in Russia.

GSI Seminar - Oil and Gas Subsidies in Norway

OSLO - 16 February 2012 - The GSI convened a public seminar on subsidies to oil and gas production in Norway. The seminar sought a range of views on the theme “subsidies or incentives?”. Participants included the authors of a recent GSI study on production subsidies in Norway, Econ Pöyry, and representatives from the Norwegian Ministry of Environment, the Norwegian Oil Industry Association and environmental NGOs The Bellona Foundation and WWF-Norway.

Subsidies to Norway's Oil and Gas Industry Estimated at NOK 25.5 bn in 2009

The Norwegian government provided 25.5 billion Norwegian kroner (US$4 billion) in subsidies for upstream oil and gas activities in 2009, according to a new report.

The report, published by the International Institute for Sustainable Development’s Global Subsidies Initiative, and authored by Econ Pöyry, provides the first detailed accounting of oil and gas subsidies in Norway.

Argentina Cuts Energy and Water Subsidies to Businesses and High-Income Neighborhoods

The government of Argentina has begun making cuts to energy and water subsidies totaling over US$ 1 billion in order to slow the growth of its substantial subsidy expenditure. The subsidy cuts, which began going into effect on 3 December 2010, are being targeted at large businesses and affluent households.

GSI Side-Event - The Missing Piece? Fossil Fuel Subsidy Reform and Climate Change

Meeting report: Following the Money: Fossil-fuel subsidy reform en route from Durban to Rio+20 (PDF - 1.14 MB)

DURBAN - 7 December 2011 - As a side-event at the UNFCCC's 17th Conference of Parties, the GSI and the Friends of Fossil Fuel Subsidy Reform convened a high-level discussion The Missing Piece? Fossil Fuel Subsidy Reform and Climate Change. The event brought together responsible ministers and other high-level government representatives from Costa Rica, Denmark, Ethiopia, New Zealand, Norway, Sweden and Switzerland, as well as energy subsidy experts from all over the world. The discussion focused on the current state of global efforts to reform fossil-fuel subsidies and possible pathways going forward, including opportunities for integrating reform with national and international climate-change policies.

China Considers Change to Fuel Price Setting Mechanism

Reuters reports that China's National Development & Reform Commission (NDRC), the country's top economic policy planner, has submitted plans to the State Council to revamp the fuel price setting system to better reflect market costs.

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