Fossil Fuel Subsidies

Subsidies to Coal and Renewable Energy in Turkey

In response to rising electricity demand, a pressure to keep prices affordable and a need to maintain energy security, the Turkish government plans to increase electricity generation from coal. This study finds that subsidies to the coal industry reached US$ 730 million in 2013. The study finds that if the external costs of health and environmental impacts are taken into account then wind and solar energy are already cheaper than coal and likely to become even more competitive over the coming decades. The report recommends that subsides to coal are phased out.