Further to our recent blog post analyzing the fiscal impact of direct transfer for LPG in FY 2014-15, this blog provides additional data on recent trends in LPG consumption and subsidy expenditure.
October 1, 2015 |Since April 1st 2015, India’s cooking gas subsidies have been distributed solely by electronic transfer through the Direct Benefit Transfer for Liquefied Petroleum Gas scheme (otherwise known as DBTL or PAHAL).
September 28, 2015 |In New York this weekend (25–27 September) over 100 heads of state and government attended the UN Sustainable Development Summit to adopt the "Sustainable Development Goals" (SDGs) – the development agenda for the world for the next fifteen years. The goals cover 17 areas including their "Means of Implementation", which is how these goals will be funded.
August 21, 2015 |Beijing—September 16—The first estimate of subsidies to coal producers in China, totaling CNY35.7 billion (US$5.6 billion) in 2013, has been revealed by the Global Subsidies Initiative (GSI) at the Coal and Renewable Energy event held in Beijing on 16 September 2015.
Blog: United Arab Emirates Reforms Fossil Fuel Subsidies
July 24, 2015 |
In January 2015, Suhail Al Mazroui, the Minister of Energy in the United Arab Emirates (UAE), announced that lifting energy subsidies was 'just a matter of time'. Six months on, that time appears to have come. On 22 July, the United Arab Emirates (UAE) government announced that the prices of gasoline and diesel will be deregulated from 1 August.
Fuel Subsidies in Nigeria: There are better ways to help the poor (and the economy and the environment)
July 24, 2015 |The downturn in oil prices over the past year has hit Nigeria’s public budget hard. When money is tight, it seems obvious that governments should first phase out programmes that are expensive and have low benefit to their intended beneficiaries.
Blog: Financing for Development from Fossil Fuel Subsidy Reform: Lessons Learned from Country Experiences
July 22, 2015 |
Addis Ababa—July 14—The Global Subsidies Initiative (GSI) organized a high-level event on the role of fossil fuel subsidy reform as a means to provide financing for sustainable development.
Eliminating Fossil Fuel Subsidies Still on the Agenda – The International Community Must Now Walk the Talk
July 20, 2015 |The international community reaffirmed commitments on Thursday 16th July 2015, within the Addis Ababa Action Agenda "to rationalize inefficient fossil-fuel subsidies that encourage wasteful consumption ..." and "phasing out those harmful subsidies". Fossil fuel subsidy removal remains on the agenda and is as important as ever when governments are squeezed for fiscal space and domestic resource mobilisation.
Carbon subsidies + Climate Change – Morocco Includes Fossil Fuel Subsidy Reform within National Contribution Towards UNFCCC
June 9, 2015 |Government negotiators are meeting in Bonn for climate talks this week (1-11 June 2015), to prepare for negotiations in Paris towards a climate deal at the end of the year. At the time of writing 39 countries have submitted their Intended Nationally Determined Contributions or INDCs.
Blog: High-Level Event on Fossil Fuel Subsidies and the Link to Clean and Affordable Energy
May 26, 2015 |
It is ever clearer that fossil fuel subsidies are detrimental to sustainable development. However, in a time of historic low oil prices, the gap between international oil prices and consumer energy prices has narrowed dramatically, thus offering countries a huge window of opportunity to phase-out these subsidies. For this and many other reasons, the elimination of these subsidies continue to make global headlines.
Blog: Fossil Fuel Subsidy Events at the IMF and World Bank Spring Meetings
April 22, 2015 |Washington—16-17 April—The Global Subsidies Initiative (GSI) supported a group of 8 countries―known as the Friends of Fossil Fuel Subsidy Reform (Friends)―in organizing two high-level events at the Spring Meetings of the IMF and the World Bank. The Friends group consists of Costa Rica, Denmark, Ethiopia, Finland, New Zealand, Norway, Sweden and Switzerland.
March 9, 2015 |In August 2014, the newly-elected National Democratic Alliance (NDA) administration announced the reintroduction of the previous government’s then-suspended ‘Direct Benefit Transfer for LPG’ (DBTL) programme to distribute LPG subsidies by bank transfer, while retaining (against the recommendations of both the petroleum and finance ministries, and despite extensive media speculation) the annual cylinder cap per household first instituted (but twice raised) by the United Progressive Alliance (UPA) administration at its existing level.
Blog: Energy Empowerment Programme Launched at IISD Offices
February 16, 2015 |
Geneva—11-13 February—Last week the Global Subsidies Initiative (GSI) of the IISD Energy programme helped launch a new gender and energy initiative organised by ENERGIA and funded by UKDFID in Geneva at the IISD offices with 30 consortium participants. The IISD programme will focus on energy empowerment, energy sector reform and impacts for gender.
February 10, 2015 |A new report from the Nordic Council of Ministers and the Global Subsidies Initiative of IISD finds that the removal of fossil-fuel subsidies to consumers (US$ 543 billion in 2014) and to society could reduce global greenhouse gas (GHG) emissions by between 6-13% by 2050.
Commentary: RE-ARCTIC: Promoting renewable energy, eliminating fossil fuel subsidies and benefitting communities in the North
December 29, 2014 |
The International Institute for Sustainable Development (IISD) presented its vision of renewable energy development to the Sustainable Development Working Group of the Arctic Council in Whitehorse on March 1, 2015.
December 18, 2014 |Despite slow but solid progress at the climate change negotiations in Lima, the Conference of Parties this year nonetheless saw promising discussions around national efforts to tackle climate change on-the-ground. This includes increasing calls in the last month to realize opportunities stemming from the removal of US$ 550 billion of subsidies to fossil fuels.
November 19, 2014 |‘100% renewables by 2050’ was the driving theme of the Academy REN21 held in Bonn 10-12 November 2014 to celebrate its 10 years driving networks to promote the deployment of renewable energy. Speakers—including Germany’s Federal Ministry for Economic Cooperation and Development (BMZ) and Christine Lins, Executive Secretary of REN21—noted how the amount of renewables now deployed to generate electricity was far in excess of projections made in 2004 when REN21 was set up. A straw poll of the 180 delegates showed a clear majority who believed that 100% Renewables by 2050 was achievable. This is now the focus of a number of campaigns, for example the “Go 100% Renewables Campaign”. Speakers remarked how quickly this concept and target had moved into the mainstream.
Blog: Indian Energy Pricing: Two Steps Forward, One Step Back
November 18, 2014 |
On Saturday 18th October the Indian Government announced a series of policy decisions in relation to energy, including decontrol of diesel pricing, revision of natural gas prices on a market-linked basis, and proposed changes to domestic LPG subsidy entitlements and delivery mechanisms. This package of measures, presented as a reflection of the new NDA administration’s reformist intent, represents a complex mix of continuity and change in relation to the previous UPA government’s policies, with important implications (both positive and negative) for the future direction of Indian energy policy.
Blog: New Report Calls G20 to Account on Exploration Subsidies
November 11, 2014 |
In the run-up to the G20 summit on 15 and 16 November, 2014 in Brisbane, Australia, the international environmental community is calling on G20 Leaders to account on fossil fuel subsidies. G20’s commitment to “phase out, over medium-term, inefficient fossil-fuel subsidies that encourage wasteful consumption” made the news in 2009, that is five years ago.
Blog: A Crash Course on Subsidy Definition by Dante, Shakespeare and Russian Folklore
October 22, 2014 |
Do you know what a subsidy is and what is not? If your answer is a definite “yes”, you are either new to the field or recklessly optimistic. The devil, as always, is in the detail.