Wednesday, March 27, 2013

Energy subsidies - time to pay the piper

IMF, citing $1.9 trillion in government subsidies, calls for end to energy ‘mispricing’ - The Washington Post: "Governments around the world subsidize gasoline, electricity and other major forms of energy to the tune of $1.9 trillion a year according to a new International Monetary Fund study that calls for that amount to be offset through carbon taxes or other means to battle climate change and other social problems."

'via Blog this'