Energy Transition

3 essential steps towards ending fossil fuel subsidies

Major world powers, not just 'petrostates', still support fossil fuel subsidies.

Major world powers, not just 'petrostates', still support fossil fuel subsidies. Image: Reuters/Wolfgang Rattay

Ludovic Subran
Chief Economist, Allianz
Günther Thallinger
Member of the Board of Management, Investment Management, Environmental, Social and Governance (ESG), Allianz SE
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Comparison of global fossil fuel subsidies vs. renewable energy subsidies
Comparison of global fossil fuel subsidies vs. renewable energy subsidies Image: Allianz Research/IRENA

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Related topics:
Energy TransitionClimate Change
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