The G-20's efforts to progress fossil-fuel subsidy reform have revived an old debate: what is a subsidy?
December 2009 COP 15 Special Edition - Building fossil-fuel subsidy reform: have we got all the blocks?
Over the last three months of 2009, the calls for the phasing out of fossil-fuel subsidies made by the G-20 and others have garnered widespread support. Now policy-makers face the challenge: how should a political call for reform be transformed into coherent action?
December 2009 - Car-scrapping schemes: an effective economic rescue policy?
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Car-scrapping schemes: an effective economic rescue policy? (1.96 MB)
Financial and economic turmoil and a global recession were common concerns in the aftermath of America's mortgage crisis. Following the German example, a large number of countries introduced "car-scrapping" schemes as part of their economic stimulus packages - policies which gave vehicle owners state money to trade in their old vehicles for new, more efficient ones.