| ID | 149861 |
| Title Proper | Welfare implication of reforming energy consumption subsidies |
| Language | ENG |
| Author | Breton, Michèle ; Mirzapour, Hossein |
| Summary / Abstract (Note) | Reforming energy consumption subsidies, in particular for fossil fuels, has been frequently referred to as a quick-win policy to enhance environmental mitigation. In addition, the removal of such subsidies may release a sizeable portion of a country's national budget for use on more productive targets. One of the most recognized challenges of such reform is “selling” the new energy prices to citizens, particularly those with a more fragile purchasing power. Several empirical and technical studies have prescribed that the reform might be supported by a direct compensation mechanism in order to ensure feasibility. |
| `In' analytical Note | Energy Policy Vol. 98, No.98; Nov 2016: p.232–240 |
| Journal Source | Energy Policy 2016-11 98, 98 |
| Key Words | Energy Reform ; Consumption Subsidies ; Direct Compensation ; Welfare Impact |