Λεπτομέρειες βιβλιογραφικής εγγραφής
| Τίτλος: |
Fossil Fuel Subsidies to Hit $1 Trillion in War's Energy Price Shock, UN Says. |
| Συγγραφείς: |
Mackler, Stella (AUTHOR) |
| Πηγή: |
Bloomberg.com. 6/29/2026, pN.PAG-N.PAG. 1p. |
| Θεματικοί όροι: |
*Fossil fuel subsidies, *Subsidies, *Economic impact, *Energy shortages, *Price regulation, *Tax rebates |
| Εταιρία/Οντότητα: |
United Nations |
| Περίληψη: |
The article focuses on the projected rise of fossil fuel subsidies to $1.1 trillion in 2026, driven by government efforts to shield consumers from high energy prices caused by the war in Iran. According to a United Nations report, low- and middle-income countries in Africa and Asia have implemented measures such as price caps and tax rebates, increasing global subsidy spending beyond the $700 billion recorded in 2025. The UN Development Programme highlights that while these relief efforts protect populations from immediate energy shocks, they contribute to growing fiscal debt and may hinder future economic growth. The article also notes that fossil fuel subsidies had peaked at $1.4 trillion during the 2022 energy crisis following Russia’s invasion of Ukraine. [Extracted from the article] |
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| Βάση Δεδομένων: |
Business Source Index |