Institutional Investor (June 15)
“For economists who complain about the distortions and deficits caused by energy subsidies, 2014 was a godsend.” Over 25 countries made progress in curtailing “their fuel subsidy programs…in favor of aligning domestic prices with global prices. But the recent rebound in oil prices threatens to undo much of that good work.”
Tags: Deficits, Distortions, Domestic prices, Economists, Energy subsidies, Global prices, Oil prices, Rebound
Washington Post (April 25)
“The government should eliminate energy subsidies of all kinds — for fossil fuels as well as renewable energy. Then Congress should put a significant tax on carbon-dioxide emissions and set it to rise over time. The resulting market forces would decide how the economy would move to a greener state.”
Tags: CO2, Congress, Economy, Emissions, Energy subsidies, Fossil fuels, Government, Market forces, Renewables, Tax, U.S.
