“The European Green Deal must cut hidden fossil fuel subsidies” By Simone Tagliapietra, courtesy of the Bruegel Institute One of the basic ideas in economics is that you tend to get the best results if people or firms that take decisions have to take account of all the benefits and costs. Climate change […]
Tag: fuel subsidies
Ditching fuel subsidies cuts emissions without harming economy
“Removing fossil fuel subsidies reduces emissions with limited impacts on economic activity and household incomes Courtesy of ESRI New ESRI research examines how removing eight fossil fuel subsidies would impact both the economy and carbon emissions. It finds that simultaneously removing seven of them — all but the household fuel allowance — would […]