Understanding how subsidies affect fossil-fuel investment returns and production is crucial to commencing new reforms. New analysis on the impact of subsidies on US crude-oil producers finds that, at recent oil prices of around US$50 per barrel, tax preferences and other subsidies push nearly half of new oil investments into profitability. The “News & Views” article is available for purchase from the Nature website.
July 9, 2016
Reforming environmentally harmful subsidies for a resource efficient Europe (IEEP, IVM, Ecologic, VITO)
November 23, 2015