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To assist governments’ understanding of the nature and scale of their policies supporting fossil fuels, the OECD has compiled the first-ever Inventory of Estimated Budgetary Support and Tax Expenditures For Fossil Fuels.
With detailed information of over 250 mechanisms that support fossil fuel production and use in OECD countries, the Inventory will be updated regularly and expanded over time to cover more countries and more support mechanisms.
» Summary and main findings (pdf, 8 pages, 150 KB)
» Country chapters
» Access the full publication
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Covering 24 countries, which account for about 95% of OECD’s total primary energy supply, the Inventory shows that 54% of this support was for petroleum. Overall, the support to fossil-fuel production and consumption in OECD countries was USD 45 – 75 billion annually during the 2005 – 2010 period.
The Inventory furthers transparency and accountability, providing estimates that will help governments and stakeholders assess these policies as they look at ways to reform subsidies.
- Germany’s historically generous subsidies to hard-coal mining fell from EUR 4.9 billion in 1999 to EUR 2.1 billion in 2009, and should be phased-out entirely by 2018.
- France gradually phased out its support to the coal industry: from more than EUR 1 billion in 1990, producer support decreased to EUR 92 million in 2007 and then ended. This was accompanied by a range of measures meant to address the social costs associated with mine closures.
- Government energy support to consumers in Mexico was USD 629 million in 2009, but will decrease as the new national energy strategy is put into place and the government better targets subsidies directly to low income households, rather than to energy use.
- In the United States, where support for energy producers was about USD 5 billion in 2009, the 2012 federal budget proposes eliminating a broad group of subsidies – thereby increasing government revenues by more than USD 3.6 billion.
Download the Inventory chapter for each country (All files are in PDF format.)
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Access the full publication
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» Browse the book online for free and order your copy (OECD Online Bookshop)
» Download the full book or individual chapters (OECD iLibrary - subscription access)
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» OECD-IEA Fossil Fuel Subsidies and Other Support
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