iisdvideo 78d ago

Governments around the world are under growing pressure to ease high energy prices. But another round of fossil fuel subsidies won’t fix the problem. Our expert @Vance Culbert points to a better way forward: “Support people and industries directly, rather than making fossil fuels artificially cheap.” By focusing assistance on households and industries most at risk—and scaling up electrification—governments can protect the most vulnerable, while reducing fossil fuel dependence, improving energy security, and building a more secure and resilient energy system.