That's why analysts expect the government to look for operating expenditure cuts — such as cutting
remaining fuel subsidies — even as it tries to keep up development spending and target lower - income households, often called the B40, or bottom 40 percent with incomes of less than around 2,500 ringgit a month.
Limited fiscal headroom means the government is likely to cut
remaining fuel subsidies but analysts expect authorities to soften the blow by targeting spending to low - income households.
Not exact matches
But three types
remain common: consumption
subsidies in developing nations, consumption
subsidies in rich developed countries, and
subsidies for fossil -
fuel producers.
Though the shelter population began to reach historic peaks before de Blasio took office —
fueled, in part, by the end of the Advantage rental -
subsidy program that stranded people trying to transition, or
remain out of, the shelter system — the mayor got hounded (by some, more than others) for his apparent stumbling with the issue.
Commentary: Fossil -
fuel consumption
subsidies are down, but not out Subsidies for fossil fuels are falling but remain much higher than those for renewables 20 Dece
subsidies are down, but not out
Subsidies for fossil fuels are falling but remain much higher than those for renewables 20 Dece
Subsidies for fossil
fuels are falling but
remain much higher than those for renewables 20 December 2017
But as long as the rich nations — and their big polluters — dictate the terms of the Paris accord, maintain unhealthy fossil
fuel subsidies and refuse to establish a long - term market for renewable energy that includes putting a price on carbon emissions, a world that protects more vulnerable nations, humans, animals and plants from the impacts of climate change will
remain a dream.
In an effort to provide guidance for APEC economies to implement
subsidy reform further, this report provides an updated status of fossil
fuel subsidies in APEC economies, tracking major recent
subsidy reforms made in APEC economies, estimating value of fossil
fuel subsidies in the region to identify where the challenge
remains to further reform
subsidies.
But that
remains a fantasy as long as renewable energy continues to be economically disadvantaged in favor of fossil
fuel: In 2013, according to the International Institute for Sustainable Development, consumer
subsidies to fossil
fuels totaled $ 548 billion, compared to only $ 121 billion for renewables.
But while the figure for fossil -
fuel consumption
subsidies may be coming down, it
remains much higher than estimated government support to renewable energy:
subsidies for renewables in power generation amounted to $ 140 billion in 2016.
A 3 % discount factor with an hypothesis of $ 250 bn annualy has in fact a $ 8 trillion dollar policy cost (fared in todays dollar value) and not $ 20 trillion over 87 years; (ii) I would assume, with great certainty, that the cost of the policy will not
remain at $ 250 bn (in 2013 $) in the coming 87 years: government feed in tarifs and green certificate
subsidies will become less and less expensive with renewable energy prices matching fossil
fuel energy prices in the coming decades.