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Federal Fossil Fuel Subsidies and Greenhouse Gas Emissions: A Case Study of Increasing Transparency for Fiscal Policy

Posted: 5 Nov 2011  

Doug Koplow

Earth Track, Inc.

John C. Dernbach

Widener University - Commonwealth Law School

Multiple version iconThere are 2 versions of this paper

Date Written: November 2001

Abstract

Abstract Growing international pressure to curb greenhouse gas (GHG) emissions has focused attention on existing policies that may, either by design or by effect, subsidize fossil fuel production and consumption. This paper reviews existing studies of fossil fuel subsidies within the United States, as well as assessments of the potential impact of subsidy reform on GHG emissions. Evaluating the differences across the studies, it highlights the most important disparities in subsidy definition and valuation in order to clarify the conclusions that can be drawn from this body of work. We then present some of the tools used to provide transparency in environmental regulation. We conclude that many of these approaches can be used to improve the transparency of fiscal policy, with important benefits within the context of climate change and beyond.

Suggested Citation

Koplow, Doug and Dernbach, John C., Federal Fossil Fuel Subsidies and Greenhouse Gas Emissions: A Case Study of Increasing Transparency for Fiscal Policy (November 2001). Annual Review of Energy and the Environment, Vol. 26, pp. 361-389, 2001. Available at SSRN: https://ssrn.com/abstract=1954981 or http://dx.doi.org/10.1146/annurev.energy.26.1.361

Doug Koplow (Contact Author)

Earth Track, Inc. ( email )

2067 Massachusetts Ave., 4th Floor
Cambridge, MA 02140
United States

HOME PAGE: http://www.earthtrack.net

John C. Dernbach

Widener University - Commonwealth Law School ( email )

3800 Vartan Way
Harrisburg, PA 17110-9380
United States

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