How Large Are Global Fossil Fuel Subsidies

By D. Coady, Ian W. H. Parry, L. Sears, Baoping Shang. 2017

366 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Environmental Engineering, Renewable Energy, Sustainability and the Environment

View Paper: https://www.semanticscholar.org/paper/16861b82dd058d57bc57910e515b0fc7d00cc193

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Citations in the corpus

Report of the high-level commission on carbon prices (2017, background): “In a more recent assessment covering most countries in the world, IMF estimates suggest that fiscal fossil fuel subsidies reached US$650 billion in 2015 (Coady et al. 2016).”
Accelerating Poverty Reduction in Africa (2019, background): “4) pourrait à la fois économiser de l’argent et avoir des avantages pour la santé et l’environnement (Coady et al., 2017 ; FMI, 2017).”
The impact of phasing out fossil fuel subsidies on the low-carbon transition (2019, background): “Consumption subsidies arise when the price paid by consumers is below the cost of supply (Coady et al., 2017) and are commonly used by governments in low-income and emerging countries to decrease households’ energy bills.”
Leading the way to a European circular bioeconomy strategy (2017, background): “Recently, IMF economists estimated the true costs of fossil fuel subsidies (Coady et al. 2017), understood to include not only the direct subsidy costs, but also the indirect environmental costs like global warming and deaths from air pollution, amounts to 6.”
Poverty and distributional effects of carbon pricing in low- and middle-income countries – A global comparative analysis (2019, background): “On the demand side, considering homogenous own-price elasticities for consumption goods, as in Coady et al. (2017), would lower the income loss of all income groups in a proportional way.”
Just cuts for fossil fuels? Supply-side carbon constraints and energy transition (2020, background): “Broadly defined, fossil fuel subsidies would amount to an estimated $5.13 trillion in 2015, of which 81% results from the unaccounted costs of air pollution, climate change impacts and broader vehicle externalities (Coady et al., 2017).”