The poor whose incomes were earlier related to such subsidies suffer much with these cuts, and due to inflation and control of trade union activities. (religion-online.org)
It also ends up destroying the local fishing economies of third world nations that do not pay such subsidies. (dotearth.blogs.nytimes.com)
While such subsidies account for the majority of subsidies to fossil fuels, there are numerous others that are not captured by the price - gap approach. (iea.org)