Designing fossil fuel subsidy reforms in OECD and G20 countries : a robust sequential approach methodology / Assia Elgouacem

Englisch

Paris, France : OECD, 2020

1 Online-Ressource (circa 39 Seiten) : Illustrationen

DOI: 10.1787/d888f461-en

*Subsidies ; fossil fuels ; energy ; reform ; government support ; fossil fuel subsidies ; oil ; gas ; coal ; fossil fuel subsidy reform ; tax incentives ; tax expenditures

Amtsdruckschrift / Government document

Journal of Economic Literature: E64

Journal of Economic Literature: Q38

Journal of Economic Literature: H23

Journal of Economic Literature: Q58

Journal of Economic Literature: Q54

Reform of support for fossil fuels is often identified as a priority for a countrys fiscal consolidation efforts and for climate action to align financial flows with low-carbon pathways. Its implementation, however, remains elusive for many countries as they face seemingly irreconcilable policy agendas of economic growth and sustainability coupled with potential political backlash against austerity and rising costs. This paper provides a sequential approach that may assist in providing support for the analysis to a well-informed reform process. Deploying the suggested tools can help policy makers to identify the most distorting government support measures and alternative or complementary policies that deliver the sought-after objectives more efficiently and effectively. The work presented here draws on the OECDs longstanding experience and tradition in measuring and tracking support measures for fossil fuels, primarily in its Inventory of Support Measures for Fossil Fuels (Inventory hereafter) and accompanying reports.

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