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How Large Are Global Fossil Fuel Subsidies?

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  • Coady, David
  • Parry, Ian
  • Sears, Louis
  • Shang, Baoping

Abstract

This paper estimates fossil fuel subsidies and the economic and environmental benefits from reforming them, focusing mostly on a broad notion of subsidies arising when consumer prices are below supply costs plus environmental costs and general consumption taxes.

Suggested Citation

  • Coady, David & Parry, Ian & Sears, Louis & Shang, Baoping, 2017. "How Large Are Global Fossil Fuel Subsidies?," World Development, Elsevier, vol. 91(C), pages 11-27.
  • Handle: RePEc:eee:wdevel:v:91:y:2017:i:c:p:11-27
    DOI: 10.1016/j.worlddev.2016.10.004
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    References listed on IDEAS

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