COVID-19’s Impact on Eliminating Fossil Fuel Subsidies, Hence Fuel Poverty and Energy Justice

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Title: COVID-19’s Impact on Eliminating Fossil Fuel Subsidies, Hence Fuel Poverty and Energy Justice
Description: Included in 'Energy Transition, Climate Change, and COVID-19, Economic Impacts of the Pandemic' pp135-154. Edited by Fateh Belaïd and Anna Creti.
Creator: Robin Dickinson
Date: 2021
Abstract: The elimination of fossil fuel subsidies from petroleum products, electricity and gas and its impact by 2030 on national emission targets, as well as the welfare of the poor in the countries affected, has been the focus of much analysis and modelling in recent times (Schwanitz et al 2014; Chepeliev and Van der Mensbrugghe 2020; Coady et al 2015; Jewell et al, 2018). COVID-19 has provided a significant perturbation to fossil fuel consumption and fiscal headroom in all countries (OECD 2020b), and the potential for benefits to accrue from earlier fossil fuel subsidy elimination and corresponding improvements in in-country welfare has been explored. The chapter will discuss how the reduction of energy subsidies and mutations in welfare provision will increase or reduce fuel poverty and energy access and distribution fairness and justice.
Subject: Liberal Arts
uri: https://link.springer.com/chapter/10.1007/978-3-030-79713-3_8

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