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    Fossil Fuel Subsidies in Asia: Trends, Impacts, and Reforms: Integrative Report

    Asian Development Bank | June 2016
    Abstract
    Unsustainable budgetary cost of selling oil, gas, and coal at low prices has propelled energy subsidy reform in developing Asian economies. This report measures the size of associated subsidies on these fossil fuels including direct transfers, tax exemptions, subsidized credit, and losses of state enterprises in India, Indonesia, and Thailand. An analysis of complex interactions between economic, social, energy, and environmental issues shows that the initial rise in energy prices due to a reduction or removal of the subsidies will nudge households and businesses to shift to alternative fuels, make investment in clean energy attractive, increase energy supply, reduce energy shortages, and cut greenhouse gas emissions. Using the money freed up from subsidies to compensate poor households and to increase government budgets will offset the negative effects of the initial price rise, promote sustainable energy use, and help allay the fears of reform.
    Citation
    Asian Development Bank. 2016. Fossil Fuel Subsidies in Asia: Trends, Impacts, and Reforms: Integrative Report. © Asian Development Bank. http://hdl.handle.net/11540/9007. License: CC BY 3.0 IGO.
    PDF ISBN
    978-92-9257-299-0
    Print ISBN
    978-92-9257-298-3
    Keywords
    Development In East Asia
    Development Planning
    Development Research
    Development Financing
    Development Policies
    Infrastructure Development
    Project Development
    Systems Design & Development
    Alternative energy development
    Energy Economics
    Renewable Energy
    ADB
    Development assistance
    Infrastructure projects
    Sustainable growth
    Energy
    Infrastructure projects
    Sustainable growth
    Energy
    Development policy
    Development strategy
    Infrastructure projects
    Alternative energy program
    Alternative energy technology
    Energy Subsidies
    Solar energy policy
    Development banks
    Infrastructure
    Joint venture
    Energy policy
    Renewable energy source
    Solar energy
    Energy development
    Technology
    Sun
    Energy resource
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    Citable URI
    http://hdl.handle.net/11540/9007
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    Author
    Asian Development Bank
    Theme
    Development
    Energy
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise