Friday, December 19, 2014

'Low oil price? increase carbon price!', Maria van der Hoeven (Exec-Dir. IEA) states

Maria van der Hoeven, executive-director of the International Energy Agency, writes in The Huffington Post and Energy Post that policy makers should take the opportunity to implement or sustain policies that encourage efficient use of fossil fuels and stimulate the case for renewables. This includes lowering subsidies in fossil fuel use, existing mostly among developing countries and increase the carbon price in developed countries, to offset the negative consequences of increased oil/gas use triggered by the low prices of today. 

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