IMF’s Disingenuous Attempt to Tax Energy Use

The International Monetary Fund (IMF) released its estimate of global fossil fuel subsidies for 2015 at $5.3 trillion—almost ten times higher than the International Energy Agency’s (IEA) calculation of $548 billion for 2013.[i] The difference is not the change of a 2-year span, but the methodology. The IEA uses a “price-gap” methodology, which is the […]

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