The government has been clear about its intention to invest 60 percent of the $ 18 billion that it will reap annually from fossil - fuel subsidy reform into much - needed infrastructure programs. (americanprogress.org)
The study sets out a series of policy recommendations for both countries, and concludes that governments should not limit fuel subsidy reforms to technical measures. (webstore.iea.org)
Around 40 countries, 23 states or cities, and about 450 major companies implement some form of carbon pricing, and almost 30 countries have launched or accelerated fossil fuel subsidy reforms in the last two to three years. (wri.org)