Middle East Economic Survey
VOL. LIV
No 41
10-Oct-2011
IEA And OECD Urge Reform Of Fossil Fuel Subsidies, 2010 Cost Put At $409Bn
The Paris-based International Energy Agency (IEA) and the OECD on 4 October urged developed and developing countries to phase out inefficient fossil fuel subsidies that are estimated to have cost $409bn in 2010 an increase of some $110bn over 2009. In a joint statement released by the IEA, the two organizations said removing inefficient subsidies would raise...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!