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Fossil fuels subsidy (Example)

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Name Instructor Course Date Advantages and Disadvantages of Fossil Fuel Subsidies The fossil fuel generations have come and gone ensuring that for the last century or so the major source of energy was oil. With time the oil wells have come to be depleted while at the same time reservoirs discovered (Hendrix Cullen and Stephan Haggard 149). Different Fossil fuel subsidies have therefore been employed to ensure that the world economy among other issues like political interests is in balance (Charles 1). A subsidy is an action of government to reduce the cost of production of fossil fuels thereby increasing the revenues that are earned by the people who trade in the fossil fuel industry. An added feature of a subsidy is that the consumers get to enjoy the prices of fossil fuels while they are at an affordable rate. Oil and other fossil fuels are the most significant Blanchard. "The 2014 oil price slump: Seven key questions." VOXEU January 13 (2015). Arnold T. Oil markets unstable as Iraq insurgency causes concern. The National. Oil markets unstable as Iraq insurgency causes concern | The National. N.D. Web. Charles C. Moerenhout T. & Bridle R. The Context of Fossil – Fuel Subsidies in the GCC Region and their impact on Renewable Energy Development. 2014. Web Cook W. Investing in oil. Santa Monica Calif.: Roundtable Pub. 1985. Print. Hendrix Cullen S. and Stephan Haggard. "Global food prices regime type and urban unrest in the developing world." Journal of Peace Research 52.2 (2015): 143-157. Johari Anwar et al. "The challenges and prospects of palm oil based biodiesel in Malaysia." Energy 81 (2015): 255-261. Solaymani Saeed et al. "Economic and environmental impacts of energy subsidy reform and oil price shock on the Malaysian transport sector." Travel Behaviour and Society 2.2 (2015): 65-77. [...]

Order Description:

the advantages and disadvantages of fossil fuels subsidy , case studies Gcc countries and other countries and is it ok to have or remove it

Subject Area: Economics

Document Type: Term paper

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $50

Words 3300

Pages 12

Completed in 22 days

Expert lastminutetutor

Client Review

very good writer


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