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Carbon Taxes and Fossil Fuel Subsidies
This brief provides an overview of key policies, including carbon pricing instruments and fossil fuel subsidies, which have important implications for a country’s climate goals.
The brief presents up-to-date estimates of environmental tax revenues and fossil fuel subsidy estimates for countries in Asia and the Pacific. It also explores various channels through which the interplay of carbon-related taxes and subsidies can help or hinder a country’s climate goals and provides estimates for potential revenue gains from fossil fuel subsidy reform in developing Asia.
The brief presents up-to-date estimates of environmental tax revenues and fossil fuel subsidy estimates for countries in Asia and the Pacific. It also explores various channels through which the interplay of carbon-related taxes and subsidies can help or hinder a country’s climate goals and provides estimates for potential revenue gains from fossil fuel subsidy reform in developing Asia.
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