Why countries struggle to eliminate fossil fuel subsidies
Unless carefully designed, subsidy reductions can force low-income households to spend a larger percentage of their income on energy
Fossil fuels are the leading driver of climate change, yet they are still heavily subsidised by governments around the world.
Although many countries have explicitly promised to reduce fossil fuel subsidies to combat climate change, this has proven difficult to accomplish. As a result, fossil fuels remain relatively inexpensive, and their use and greenhouse gas emissions continue to grow.
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