The International Energy Agency (IEA)
estimates global fossil fuel consumption subsidies that measure what many developing countries spend to provide below - market cost fuel to their citizens.
The International Energy Agency (IEA)
estimates global fossil fuel consumption subsidies that measure what many developing countries spend to provide...
Not exact matches
The value of
global fossil -
fuel consumption subsidies in 2016 is
estimated at around USD 260 billion, lower than the
estimate for 2015, which was close to USD 310 billion.
The International Energy Agency (IEA) annually
estimates global fossil -
fuel consumption subsidies that measure what many developing countries spend to provide...
In 2015, IEA
estimated that
global fossil fuel consumption subsidies — used by many developing countries to provide below - market cost
fuel to their citizens — totaled $ 320 billion, 35 percent lower ($ 173 billion less) than in 2014.
By some
estimates, a phase out of
global fossil fuel consumption and production — particularly coal and oil — will need to be nearly complete within 50 years.
The
estimated value of
global fossil -
fuel consumption subsidies decreased by 15 % to $ 260 billion in 2016, the lowest level since the International Energy Agency started tracking these subsidies in the World Energy Outlook (WEO) ten years ago.