{"id":2858,"date":"2013-03-11T12:51:39","date_gmt":"2013-03-11T16:51:39","guid":{"rendered":"http:\/\/www.indexmundi.com\/blog\/?p=2858"},"modified":"2013-03-11T12:58:17","modified_gmt":"2013-03-11T16:58:17","slug":"fossil-fuel-subsidies-globally","status":"publish","type":"post","link":"https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/","title":{"rendered":"Fossil Fuel Subsidies Globally"},"content":{"rendered":"<p style=\"text-align: justify\"><a href=\"http:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/03\/fossil-fuel-subsidies-world.png\"><img loading=\"lazy\" class=\"aligncenter size-full wp-image-2859\" src=\"http:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/03\/fossil-fuel-subsidies-world.png\" alt=\"\" width=\"962\" height=\"732\" srcset=\"https:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/03\/fossil-fuel-subsidies-world.png 962w, https:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/03\/fossil-fuel-subsidies-world-300x228.png 300w, https:\/\/www.indexmundi.com\/blog\/wp-content\/uploads\/2013\/03\/fossil-fuel-subsidies-world-394x300.png 394w\" sizes=\"(max-width: 962px) 100vw, 962px\" \/><\/a>Fossil fuel subsidies are very common in developing nations. Subsidies cover the difference between the price at which fossil fuels are sold inside the country and their actual price in international markets, creating a huge fiscal burden (an estimated $400 billion annually) for the countries that provide them. Developing nations with fossil fuel subsidies include: Venezuela, Argentina, Ecuador, Algeria, Libya, Egypt, Kuwait, Iran, Pakistan, Russia, China, India, Indonesia, etc.<\/p>\n<p style=\"text-align: justify\">Developed nations also provide subsidies in the form of tax breaks to the oil industry and other measures (estimated at a cost of $45 to $75 billion per year). Nations in this group include many <a href=\"http:\/\/www.oecd.org\/\">OECD<\/a> (Organization for Economic Co-operation and Development) members.<\/p>\n<p>For the interactive map, visit: <a href=\"http:\/\/environment.nationalgeographic.com\/environment\/energy\/great-energy-challenge\/global-energy-subsidies-map\/\"><em>National Geographic: The Great Energy Challenge: Fossil Fuel Burden on State Coffers<\/em><\/a><\/p>\n<p>&nbsp;<\/p>\n<p><span class='st_facebook' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='facebook'><\/span><span st_via='indexmundi' st_username='indexmundi' class='st_twitter' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='twitter'><\/span><span class='st_email' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='email'><\/span><span class='st_sharethis' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='sharethis'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Fossil fuel subsidies are very common in developing nations. Subsidies cover the difference between the price at which fossil fuels are sold inside the country and their actual price in international markets, creating a huge fiscal burden (an estimated $400 billion annually) for the countries that provide them. Developing nations with fossil fuel subsidies include: [&hellip;]<\/p>\n<p><span class='st_facebook' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='facebook'><\/span><span st_via='indexmundi' st_username='indexmundi' class='st_twitter' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='twitter'><\/span><span class='st_email' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='email'><\/span><span class='st_sharethis' st_title='Fossil Fuel Subsidies Globally' st_url='https:\/\/www.indexmundi.com\/blog\/index.php\/2013\/03\/11\/fossil-fuel-subsidies-globally\/' displayText='sharethis'><\/span><\/p>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[10,24,27,93,4,77,31,92,32,8,5,35,527,14,30],"tags":[753,729,222,143,755,751,417,756,190,754,177,581,752],"_links":{"self":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2858"}],"collection":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/comments?post=2858"}],"version-history":[{"count":18,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2858\/revisions"}],"predecessor-version":[{"id":2873,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/posts\/2858\/revisions\/2873"}],"wp:attachment":[{"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/media?parent=2858"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/categories?post=2858"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.indexmundi.com\/blog\/index.php\/wp-json\/wp\/v2\/tags?post=2858"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}