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Energy subsidies: Lessons learned in assessing their impact and designing policy reforms
… cost of subsidies to kerosene, diesel, gasoline and heavy fuel oil amounted to $4 billion in 2001. Coal subsidies … of energy subsidies can be significant. They can place a heavy burden on government finances, weaken the foreign trade … to a 12-kg or 38-kg cylinder by a flexible tube and a metal exhaust valve. This was not only too costly for most …