Italy's Effort to Phase out and Rationalise Its Fossil Fuel Subsidies
ITALY’S EFFORT TO PHASE OUT AND RATIONALISE ITS FOSSIL-FUEL SUBSIDIES A REPORT ON THE G20 PEER-REVIEW OF INEFFICIENT FOSSIL-FUEL SUBSIDIES THAT ENCOURAGE WASTEFUL CONSUMPTION IN ITALY PREPARED BY THE MEMBERS OF THE PEER-REVIEW TEAM: ARGENTINA, CANADA, CHILE, CHINA, FRANCE, GERMANY, INDONESIA, NETHERLANDS, NEW ZEALAND, IEA, UN ENVIRONMENT, IISD, EUROPEAN ENERGY RETAILERS, GREEN BUDGET EUROPE, THE OECD (CHAIR OF THE PEER-REVIEW) AND SELECTED EXPERTS APRIL 2019 1 │ Italy’s effort to phase out and rationalise its fossil-fuel subsidies A report on the G20 peer-review of inefficient fossil-fuel subsidies that encourage wasteful consumption in Italy Prepared by the members of the peer-review team: Argentina, Canada, Chile, China, France, Germany, Indonesia, Netherlands, New Zealand, IEA, UN Environment, IISD, European Energy Retailers, Green Budget Europe, the OECD (Chair of the peer-review) and selected experts ITALY’S EFFORT TO PHASE OUT AND RATIONALISE ITS FOSSIL FUEL SUBSIDIES 2 │ Table of contents Acronyms and Abbreviations ............................................................................................................... 4 Executive Summary .............................................................................................................................. 5 1. Introduction ....................................................................................................................................... 7 1.1. Background and context ..............................................................................................................
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