Cutting fuel subsidies key to sustainable development – report

AlertNet: Eliminating fossil fuel subsidies -- and using some of the savings to help the poorest cope with rising energy prices -- could curb climate change and energy waste, cut government costs and reduce social inequality, a report on sustainable development suggests. Such a transition to cleaner energy sources "is definitely do-able', said Balazs Horvath, an economist and a lead author of the United Nations Development Programme report, which looks at how development efforts could be made more sustainable...

URL: http://www.trust.org/alertnet/news/cutting-fuel-subsidies-key-to-sustainable-development-report
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