Organisation for Economic Co-Operation & Development: Cost of Support Measures for Fossil Fuels Almost Doubled in 2022 in Response to Soaring Energy Prices
December 02, 2023
December 02, 2023
PARIS, France, Dec. 2 -- The Organisation for Economic Co-operation and Development issued the following news release on Dec. 1, 2023:
The cost of support measures for the production and consumption of fossil fuels increased sharply in 2022, as countries sought to cushion the impact of surging energy prices on households and firms, according to analysis released today by the OECD and IEA.
New OECD and IEA data show that the fiscal cost of global support for fossil fuels . . .
The cost of support measures for the production and consumption of fossil fuels increased sharply in 2022, as countries sought to cushion the impact of surging energy prices on households and firms, according to analysis released today by the OECD and IEA.
New OECD and IEA data show that the fiscal cost of global support for fossil fuels . . .