Diana Tamari Sabbagh Fellow in Middle East Energy Studies | CES Lead, Energy and Geopolitics in the Middle East | Codirector, Middle East Energy Roundtable
By Jim Krane, Walid Matar and Francisco Monaldi
More than a decade after G20 representatives pledged to phase out fossil fuel subsidies, significant barriers to a full retraction remain. This paper examines the political and social rationale behind fossil fuel subsidies, the factors that make them so difficult to retract, and offers policy recommendations aimed at easing the path to subsidy reform.
