What are the benefits of phasing out fossil fuel subsidies?
Laura Merrill speaks with Dukascopy explaning what fossil fuel subsidies are and why we need to eliminate them.
Laura Merrill speaks with Dukascopy explaning what fossil fuel subsidies are and why we need to eliminate them.
"A device that can be attached to the back of a fish and measures dissolved oxygen concentrations in water has been developed at the International Institute for Sustainable Development’s Experimental Lakes Area in Canada."
"Fossil fuel subsidy reforms are beginning in dozens of countries, including India where subsidies for diesel ended in October 2014."
"According to the International Institute for Sustainable Development, around 30 countries trimmed their fossil fuel subsidy programs over the past year. That is why, countries such as Indonesia, Egypt, China – and as Mr. Subramanian noted – India have been able to achieve subsidy reform. Without the fall in oil prices, there would be little appetite to implement such unpopular measures."