Fossil Fuel Subsidies in Thailand: Trends, Impacts, and Reforms
Asian Development Bank | October 2015
Abstract
Heavily dependent on imported energy sources, significant subsidies on fossil fuels present a heavy burden
on public finances in Thailand. This study measures the size of fossil fuel subsidies such as tax breaks for
diesel and natural gas, market price support for natural gas for vehicles, and free electricity for low-income
consumers as well as the potential economic, energy, and environmental impacts of reducing them. With
adequate reallocation of subsidy savings, the short-term adverse impacts of subsidy reform are shown to turn
positive in the long term as households and industry respond to changing market realities by adjusting energy
demand, supply, and production capacity. The study offers policy advice for sustainable energy use to help
guide Thailand’s reform strategies.
Citation
Asian Development Bank. 2015. Fossil Fuel Subsidies in Thailand: Trends, Impacts, and Reforms. © Asian Development Bank. http://hdl.handle.net/11540/5245. License: CC BY 3.0 IGO.PDF ISBN
978-92-9257-154-2
Print ISBN
978-92-9257-153-5
Keywords
Alternative energy
Alternative energy development
Geothermal Energy
Alternative energy program
Alternative energy technology
Energy Demand
Energy planning
Energy Resource
Energy Resources Development
Green technology
Energy conversion
Electric power consumption
Renewable energy source
Power supply
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Citable URI
http://hdl.handle.net/11540/5245Metadata
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