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Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292571524 Category : Business & Economics Languages : en Pages : 111
Book Description
Subsidized energy is provided to all Indonesian citizens as a public service obligation. This study measures the size of fossil fuel subsidies such as underpricing of petroleum products and electricity, tax exemptions, and subsidized credit; examines the potential economic, energy, and environmental impacts of reducing them; and discusses options for social safety nets to mitigate the impacts of the reforms. It shows that the short-term adverse impacts of subsidy reform turn positive in the long term as households and industry respond to changing market realities by adjusting energy demand, supply, and production capacity. Policy options for sustainable energy use are provided to aid policy makers in their current subsidy reform process.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292571524 Category : Business & Economics Languages : en Pages : 111
Book Description
Subsidized energy is provided to all Indonesian citizens as a public service obligation. This study measures the size of fossil fuel subsidies such as underpricing of petroleum products and electricity, tax exemptions, and subsidized credit; examines the potential economic, energy, and environmental impacts of reducing them; and discusses options for social safety nets to mitigate the impacts of the reforms. It shows that the short-term adverse impacts of subsidy reform turn positive in the long term as households and industry respond to changing market realities by adjusting energy demand, supply, and production capacity. Policy options for sustainable energy use are provided to aid policy makers in their current subsidy reform process.
Author: Jakob Skovgaard Publisher: Cambridge University Press ISBN: 1108416799 Category : Business & Economics Languages : en Pages : 349
Book Description
This comprehensive volume provides the first book-length account on the politics of fossil fuel subsidies. This title is also available as Open Access.
Author: Asian Development Bank Publisher: Asian Development Bank ISBN: 9292572997 Category : Technology & Engineering Languages : en Pages : 169
Book Description
Unsustainable budgetary cost of selling oil, gas, and coal at low prices has propelled energy subsidy reform in developing Asian economies. This report measures the size of associated subsidies on these fossil fuels including direct transfers, tax exemptions, subsidized credit, and losses of state enterprises in India, Indonesia, and Thailand. An analysis of complex interactions between economic, social, energy, and environmental issues shows that the initial rise in energy prices due to a reduction or removal of the subsidies will nudge households and businesses to shift to alternative fuels, make investment in clean energy attractive, increase energy supply, reduce energy shortages, and cut greenhouse gas emissions. Using the money freed up from subsidies to compensate poor households and to increase government budgets will offset the negative effects of the initial price rise, promote sustainable energy use, and help allay the fears of reform.
Author: Rimawan Pradiptyo Publisher: ISBN: Category : Languages : en Pages : 43
Book Description
Fossil-fuel subsidies have been a major burden on the Indonesian economy for the last 10 years and any attempt to reform the subsidy has been opposed by members of the public. This study reviews the literature on the nature of fossil-fuel subsidies and their impact on the Indonesian economy. It aims to identify the various strategies that have been developed to reform the subsidy and to identify research gaps that may be filled by future studies. The proponents of fuel subsidies argue that subsidies will support economic growth, poverty reduction and promote energy security, however, evidence from various studies, which have been conducted in Indonesia, suggest otherwise. Studies in the down stream oil sub-sector have been conducted quite extensively, however, substantial research gap was found for upstream and middle stream oil sub-sectors.
Author: Christopher Beaton Publisher: ISBN: Category : Energy policy Languages : en Pages : 38
Book Description
The purpose of this study is to explore Indonesia's attempts to reform its fossil-fuel subsidies, in order to draw general lessons for governments that wish to pursue similar policies, be they in Indonesia or elsewhere. It outlines the brief history of fossil-fuel subsidies in Indonesia--including subsidies to petroleum products, fossil-fuel producers and the electricity sector (in which petroleum products are one of the main feedstocks)--and outlines the country's key objectives for reforming fossil-fuel subsidies.
Author: Jakob Skovgaard Publisher: Cambridge University Press ISBN: 1108605168 Category : Political Science Languages : en Pages :
Book Description
The effort to address climate change cuts across a wide range of non-environmental actors and policy areas, including international economic institutions such as the Group of Twenty (G20), International Monetary Fund (IMF), and the Organisation for Economic Co-operation and Development (OECD). These institutions do not tend to address climate change so much as an environmental issue, but as an economic one, a dynamic referred to as 'economisation'. Such economisation can have profound consequences for how environmental problems are addressed. This book explores how the G20, IMF, and OECD have addressed climate finance and fossil fuel subsidies, what factors have shaped their specific approaches, and the consequences of this economisation of climate change. Focusing on the international level, it is a valuable resource for graduate students, researchers, and policymakers in the fields of politics, political economy and environmental policy.
Author: Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
The purpose of this study is to explore Indonesia's attempts to reform its fossil-fuel subsidies, in order to draw general lessons for governments that wish to pursue similar policies, be they in Indonesia or elsewhere. It outlines the brief history of fossil-fuel subsidies in Indonesia--including subsidies to petroleum products, fossil-fuel producers and the electricity sector (in which petroleum products are one of the main feedstocks)--and outlines the country's key objectives for reforming fossil-fuel subsidies.
Author: Merrill, Laura Publisher: Nordic Council of Ministers ISBN: 9289350164 Category : Political Science Languages : en Pages : 84
Book Description
This report estimates fossil fuel subsidies to be around USD 425 billion. Such subsidies represent large lost opportunities for governments to invest in renewable energy, energy efficiency and sustainable development. Removal of consumer subsidies can lead to carbon emission reductions (6 to 8 per cent by 2050 globally), Reductions that can be improved further with a switch or a "SWAP" towards sustainable energy. This report describes the scale and impact of fossil fuel subsidies on sustainable development. It describes the SWAP concept to switch savings made from fossil fuel subsidy reform, towards sustainable energy, energy efficiency and safety nets. The report provides potential SWAP outlines for Bangladesh, Indonesia, Morocco and Zambia. "Making the Switch" was written for the Nordic Council Ministers by the Global Subsidies Initiative of IISD and Gaia Consulting.
Author: Asian Development Bank
Author: Asian Development Bank
Author: Jakob Skovgaard
Author: 
Author: Asian Development Bank
Author: Rimawan Pradiptyo
Author: Jörg Husar
Author: Christopher Beaton
Author: Jakob Skovgaard
Author: 
Author: Merrill, Laura