Consumer subsidies to oil consumption depress the visible price of fossil fuels to end users, and with it their incentive to substitute alternative fuels or conservation. Understanding which countries mute price adjustments in oil products, and to what degree, is important in mapping out the options and trade-offs for reform.
Amy Bricker, Mark Bricoe, Blake Ethridge, Evan Harrje, and Karmen Kallio for the International Center for Technology Assessment. Includes estimates for environmental and transport-related externalities. Results not easily comparable to other U. S. studies.