Environmentally Harmful Subsidies


Book Description

Subsidies are pervasive throughout OECD countries and worldwide. Every year, OECD countries transfer at least USD 400 billion to different economic sectors. Much of this support is potentially environmentally harmful. Reforming environmentally harmful subsidies is a significant policy challenge facing OECD countries. However, untangling and assessing the effects of subsidies on the environment is a complex task. A systematic approach is required to ensure that appropriate policies are developed and the benefits of reform fully realised. This report presents sectoral analyses on agriculture, fisheries, water, energy and transport. It proposes a checklist approach to identifying and assessing environmentally harmful subsidies. It also identifies the key tensions and conflicts that are likely to influence subsidy policy making. Can the political and economic impediments to subsidy reform be overcome? This book concludes with a discussion of politically feasible subsidy reform strategies. FURTHER READING Environmentally Harmful Subsidies: Policy Issues and Challenges (OECD, 2003)




Perverse Subsidies


Book Description

Outlines hundreds of examples of perverse subsidies that are granted at the expense of the environment. Addresses the implications of perverse subsidies in six leading sectors and shows how these subsidies undercut economies and environments alike.




Perverse Subsidies


Book Description

Much of the global economy depends on large scale government intervention in the form of subsidies, many of which are perverse in that they damage economies and environments. This study offers a view of subsidies world-wide with focus on the extent, causes and consequences of perverse subsidies.




The Subsidy from Nature


Book Description

Nature subsidy; The regional setting; The natural history of babassu; Babassu in the household economy; Babassu in the market economy; Propects for development; Nature subsidy revisited.




The Subsidy Scandal


Book Description

Originally published in 2002, The Subsidy Scandal examines the subsidies spent by governments and the affect this has had on the environment. The book examines industries ranging from agriculture to mining, energy to transport and the subsidies spent on these industries by government. The book argues that these industries have had a negative impact on the environment, often funded through government subsidies derived from public taxes. The book suggests that these subsidies go to those who least need them – frequently to corporations and special interest groups which recycle some of the funds to support the politicians who keep the subsidies going. Based on research in North America, with examples from Europe and elsewhere, the book provides an investigative report into to the money assigned to environmental policies to find out where the money goes and what produces it.




Reverse Subsidies in Global Monopsony Capitalism


Book Description

This book provides a firm analytical base to discussions about injustice and the unequal distribution of gains from global production in the form of global monopsony capitalism. It utilizes the concept of reverse subsidies as the purchase of gendered labour and environmental services below their costs of production in garment value chains in India and other garment producing countries, such as Bangladesh and Cambodia. Environmental services, such as freshwater for garment manufacture and land for cotton production, are degraded by overuse and untreated waste disposal. The resulting higher profits from the low prices of garments are captured by global brands, using their monopsony position, with few buyers and myriad sellers, in the market. This book links the concept of reverse subsidies with those of injustice, inequality and sustainability in global production.




Subsidy Reform in the Middle East and North Africa


Book Description

In the Middle East and North Africa (MENA) countries price subsidies are common, especially on food and fuels. However, these are neither well targeted nor cost effective as a social protection tool, often benefiting mainly the better off instead of the poor and vulnerable. This paper explores the challenges of replacing generalized price subsidies with more equitable social safety net instruments, including the short-term inflationary effects, and describes the features of successful subsidy reforms.




Fossil Fuel Subsidy Reforms


Book Description

Countries around the world are spending up to $500 billion per year on subsidising fossil fuel consumption. By some estimates, the G20 countries alone are spending around another $450 billion on subsidising fossil fuel production. In addition, the indirect social welfare costs of these subsidies have been shown to be substantial – for instance due to air pollution, road congestion, climate change, and economic inefficiency, to name a few. Considering these numbers, there is no doubt that fossil fuel subsidies cause severe economic distortions that compromise countries’ prospects of achieving equitable and sustainable development. This book provides a guide to the complex challenge of designing, assessing, and implementing effective fossil fuel subsidy reforms. It shows that subsidy reform requires a careful balancing of complex economic and political trade-offs, as well as measures to mitigate adverse effects on vulnerable households and to assist firms with implementing efficiency enhancing measures. Going beyond the purely fiscal perspective, this book emphasises that smart subsidy reforms can contribute to all three dimensions of sustainable development – environment, society, and economy. Over the course of eight chapters, this book considers a wide range of agents and stakeholders, markets, and policy measures in order to distil the key principles of designing effective fossil fuel subsidy reforms. This book will be of great relevance to scholars and policy makers with an interest in energy economics and policy, climate change policy, and sustainable development more broadly.




Environmentally Harmful Subsidies


Book Description

This publications contains four papers presented at an OECD workshop, held in November 2002, to discuss the identification, measurement and analysis of environmentally harmful subsidies, together with a summary of key conclusions reached. Issues considered include: the impact of subsidies on sustainable development and developing countries; the current state of knowledge regarding measuring and classifying subsides across sectors; and developing a methodology for ranking subsidies according to their potential environmental impact.




The Buddha's Footprint


Book Description

A corrective to the contemporary idea that Buddhism has always been an environmentally friendly religion In the current popular imagination, Buddhism is often understood to be a religion intrinsically concerned with the environment. The Dharma, the name given to Buddhist teachings by Buddhists, states that all things are interconnected. Therefore, Buddhists are perceived as extending compassion beyond people and animals to include plants and the earth itself out of a concern for the total living environment. In The Buddha's Footprint, Johan Elverskog contends that only by jettisoning this contemporary image of Buddhism as a purely ascetic and apolitical tradition of contemplation can we see the true nature of the Dharma. According to Elverskog, Buddhism is, in fact, an expansive religious and political system premised on generating wealth through the exploitation of natural resources. Elverskog surveys the expansion of Buddhism across Asia in the period between 500 BCE and 1500 CE, when Buddhist institutions were built from Iran and Azerbaijan in the west, to Kazakhstan and Siberia in the north, Japan in the east, and Sri Lanka and Indonesia in the south. He examines the prosperity theology at the heart of the Dharma that declared riches to be a sign of good karma and the means by which spritiual status could be elevated through donations bequeathed to Buddhist institutions. He demonstrates how this scriptural tradition propelled Buddhists to seek wealth and power across Asia and to exploit both the people and the environment. Elverskog shows the ways in which Buddhist expansion not only entailed the displacement of local gods and myths with those of the Dharma—as was the case with Christianity and Islam—but also involved fundamentally transforming earlier social and political structures and networks of economic exchange. The Buddha's Footprint argues that the institutionalization of the Dharma was intimately connected to agricultural expansion, resource extraction, deforestation, urbanization, and the monumentalization of Buddhism itself.