Publication or article

Uploaded subsidy-related resources, whether via actual file upload or link to resource on another website.

The Production Gap 2019 Report: The discrepancy between countries’ planned fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C

This report addresses the necessary winding down of the world’s production of fossil fuels in order to meet climate goals. Though coal, oil, and gas are the central drivers of climate change, they are rarely the subject of international climate policy and negotiations.

Why fossil fuel producer subsidies matter

This article in Nature explains how subsidies affect fossil fuel investment and why they deserve greater attention in global modelling analyses.

It responds to a 2018 study in Nature that used the results of integrated assessment models to infer that eliminating subsidies would yield “limited emission reductions…except in energy-exporting regions”, and described the emission reduction benefits as “small”.

Reducing the Carbon Footprint of Harvard’s Endowment: A Review of Information Gaps and Potential Leverage Points

This working paper identifies some of the major gaps in Harvard’s existing reporting on the climate impacts of its endowment; potential leverage points to address these gaps; and some next steps to develop solutions that protect investment flexibility for Harvard Management Company while greatly and rapidly improving transparency.  These improvements are ne

Defining and Measuring Fossil Fuel Subsidies

For many years, policy discussions have focused on strategies to bring down greenhouse gas emissions using taxes, permits and other regulatory or statutory limits.  Yet fossil fuel markets across the world remain littered with government programs subsidizing these emissions.  The subsidies are large and act as a negative tax on carbon, slowing the transition to cleaner fuels, weakening the impact of carbon constraints and absorbing a significant portion of government revenues in many countries. 

Discussion Draft - Energy Sector Subsidies Associated with Republican Tax Reform Plans

This review assesses the House and Senate tax reform proposals as they relate to the energy sector. Three main areas are examined: cross-cutting changes to tax rates or baselines and whether some of them will have disproportionate or distortionary impacts on particular fuels; specific energy tax expenditures that are modified or repealed in the proposals; and baseline subsidies that remain untouched.

Effect of subsidies to fossil fuel companies on United States crude oil production

Countries in the G20 have committed to phase out ‘inefficient’ fossil fuel subsidies. However, there remains a limited understanding of how subsidy removal would affect fossil fuel investment returns and production, particularly for subsidies to producers. Here, we assess the impact of major federal and state subsidies on US crude oil producers.

Energy subsidies: Global estimates, causes of variance, and gaps for the nuclear fuel cycle

This chapter explores global subsidies to energy.  These subsidies cost hundreds of billions of dollars per year, often skewing market decisions in ways detrimental to environmental quality and social welfare. Subsidy reform could provide large fiscal and  environmental gains, although remains politically challenging to implement . Growing data collection by international agencies and others has expanded the fuels and countries captured in international subsidy figures.