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Eliminating Energy Subsidies Could Reduce Emissions By 13 Percent

2013-04-27 19:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Forbes: This is an interesting little paper arguing that one of the simple things we could do to reduce (even if not quite beat) climate change is simply to stop subsidising the use of energy. In fact, they argue that eliminating such subsidies could lead to a reduction of 13% in energy related carbon emissions: We estimate that eliminating energy subsidies, including tax subsidies, would lead to a 13% reduction in energy-related carbon-dioxide emissions. The International Energy Agency has made similar...

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