Prioritize carbon pricing over fossil-fuel subsidy reform

Summary: While many climate activist groups enthusiastically advocate for the removal of fossil-fuel subsidies, we argue that this overstates both the climate effectiveness and political feasibility of such a strategy. Through synthesizing information from various global studies, we show that subsid...

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Bibliographic Details
Main Authors: Jeroen van den Bergh, Cees van Beers, Lewis C. King
Format: Article
Language:English
Published: Elsevier 2024-01-01
Series:iScience
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2589004223026615