Energy

3 essential steps towards ending 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 Image: Allianz Research/IRENA

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