User:John Cummings/Articles/Fossil fuel subsidies in the United Kingdom

subsidies taking the form of

tax cuts

In ??? was the only G7 country to increase fossil fuel subsidies http://www.theguardian.com/environment/2015/nov/12/uk-breaks-pledge-to-become-only-g7-country-increase-fossil-fuel-subsidies

every year since 2009 the G20 has committed to phase out fossil fuels

The UK is the only

Comparison with renewable energy subsidies

Subsidies take the form of

pre tax subsidies tax cuts post-tax energy subsidies, arising from consumer prices being below supply costs and both a tax to reflect environmental damage and a tax applied to goods to raise government revenues.

https://www.imf.org/external/pubs/cat/longres.aspx?sk=42940.0

subsidies of different fuels

coal oil gas hydraulic fracturing, more commonly known as fracking

Reasons for fossil fuel subsidies

Fuel sources
Unpriced externaliites NHS

The UK government only recognises ??? as subsidies

IMF Definition

Recipients
non British companies

subsidy of externalities

investments

Relevance of fossil subsidies in the United Kingdom
Compatibility with climate change commitments

Leave it in the ground Subsidies for exploration

History of fossil fuel subsidies in the United Kingdom
Comparison with renewable energy subsidies