Climate Home: In July 2014, amid an economic crisis, the Egyptian government sharply cut subsidies on electricity and all fuels except LPG.
Prices rose by as much as 78% for most consumers, including low-income households.
In a country where subsidized energy has been part of the implicit social contract for decades, such a policy change was unprecedented. Yet it was implemented without much opposition.
The question now is, can the reform process continue? Taking a closer look, it is clear that the 2014...