Fossil Fuels: The Case For Ending Producer Subsidies

February 27, 2018

Welcome to episode 7 of our policycorner.org podcast series. Our guest in this episode is Tim Pfefferle, one of the winners of our writing competition on new economic thinking. We discuss his article on fossil fuels and producer subsidies, their detrimental impact on climate change and global climate governance as well as possible ways out of this quagmire. We also talk about the European Investment Bank and their largest investment in the energy sector ever – €1.5 billion for a gas pipeline.

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This episode was recorded on 16 February, 2018.

References

Climate Action Tracker
http://climateactiontracker.org/countries.html

UNEP Emissions Gap Report
https://www.unenvironment.org/resources/emissions-gap-report

Exploring the role of phase-out policies for low-carbon energy transitions: The case of the German Energiewende
https://www.sciencedirect.com/science/article/pii/S2214629617303316

Death and Environmental Taxes: Why Market Environmentalism Fails in Liberal Market Economies
https://www.mitpressjournals.org/doi/abs/10.1162/GLEP_a_00336?journalCode=glep

Effect of Subsidies to Fossil Fuel Companies on United States Crude Oil Production
https://doi.org/10.1038/s41560-017-0009-8

Empty Promises: G20 Subsidies to Oil, Gas and Coal Production
https://www.odi.org/sites/odi.org.uk/files/odi-assets/publications-opinion-files/9957.pdf

Zombie Energy: Climate Benefits of Ending Subsidies to Fossil Fuel Production
http://www.iisd.org/library/zombie-energy-climate-benefits-ending-subsidies-fossil-fuel-production

Development Incentives for Fossil Fuel Subsidy Reform
https://www.pik-potsdam.de/members/edenh/publications-1/Jakobetal_fossilfuelsubsidies_2015_nclimate2679.pdf

Global Warming’s Terrifying New Math
http://www.rollingstone.com/politics/news/global-warmings-terrifying-new-math-20120719

The Divestment Movement: A Climate Policy Game Changer?
https://www.greeneuropeanjournal.eu/the-divestment-movement-a-climate-policy-game-changer

Why 2018 is the year that divestment is finally going mainstream
https://medium.com/thebeammagazine/why-is-2018-the-year-that-divestment-is-finally-going-mainstream-39b90960655b

OECD Fossil Fuel Support Data
http://www.oecd.org/site/tadffss/data/(database available via “data” links)

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