Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, November 12, 2015

Historic Opportunity to Reduce Global Fuel Subsidies


Historic Opportunity to Reduce Global Fuel Subsidies


Global Fuel Subsidies
Low crude oil prices are making the impossible possible. Back in August, the UAE rolled back gasoline and diesel subsidies, leading prices to increase by 25%. UAE’s energy minister, Suhail Al-Mazrouei, said the change was about “building a strong economy that is not dependent on government subsidies.”[read http://www.theenergycollective.com/lucasdavis/2289978/historic-opportunity-reduce-global-fuel-subsidies

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