Fossil Fuel Subsidies

As we had often come back to discussing economic benefits/impact of sports I thought it was about time for an economic discussion forum.
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prasen9
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Fossil Fuel Subsidies

Post by prasen9 »

A good article from the BBC: Fossil fuel subsidy concerns. I hope the next government seriously looks into cutting this.



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Omkara
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Re: Fossil Fuel Subsidies

Post by Omkara »

laws of economics work... in the long run if you don't remove these subsidies or provide alternatives then this framework is going to fall apart



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Re: Fossil Fuel Subsidies

Post by prasen9 »

India's energy subsidies to renewable goes down. Subsidies But, we are still subsidizing coal, fossil fuel subsidies and electricity. Encouraging energy consumption is bad policy in a country suffering from pollution. Instead the money should be used to subsidize people who need help.