OECD Inventory of Support Measures for Fossil Fuels 2024: Policy Trends up to 2023
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The fiscal cost of government support for fossil fuels fell by around one third in 2023 to USD 1.1 trillion, reflecting largely a decline in energy supply costs from 2022. Yet, with many measures supporting production or consumption of fossil fuels still in place, this fiscal cost remains elevated relative to its historical average. Moreover,...
