The World's Poor are Hurt Not Helped by Fossil Fuel Subsidies : GMO

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"Governments argue that fossil fuel subsidies are designed to help the poorest members of society, however, this is not borne out by the research.  The true beneficiaries of these subsidies are wealthier people and wealthier nations not the poor.
According to an IEA report, more than 85 percent of these subsidies go to middle and higher end income earners while only 8 percent of the aid is reaching the poorest 20 percent. These subsidies encourage energy consumption as people with the lowest incomes tend to be lower energy users and rarely drive.
"Fossil-fuel subsidies as presently constituted tend to be regressive, disproportionately benefiting higher income groups that can afford higher levels of fuel consumption," the report said. 'Social welfare programs are a more effective and less distortionary way of helping the poor than energy subsidies.' "

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