IISD in the news

How Japan can exit the fossil fuel subsidies it can't seem to quit

In 2022, as Japan grappled with the COVID-19 pandemic and the fallout from the Ukraine war, the government rolled out subsidies for petroleum, gas and electricity as short-term measures. As 2024 enters its home stretch, those subsidies are still being renewed or extended—putting a drag on the country's decarbonization push in the process.

November 24, 2024