Climate Home: Curtailing government support for cooking or vehicle fuels can drive economic growth, but it may leave some sections of society suffering
Consumer subsidies on fossil fuels around the world totalled about USD 500 billion in 2014.
Although such policies typically aim to benefit the economy and low-income households, a large body of evidence finds that, in aggregate, these policies are very inefficient in serving those goals. For example, they often benefit richer people more than the poor. ...