AlertNet: India’s high subsidies for polluting fuels like diesel and kerosene place a heavy burden on public finances and are compromising investment in clean energy alternatives, while removing them would hurt the poor less than commonly believed, researchers said this week.
In 2011-12, the fuel subsidies, together with the losses made by state-owned oil companies on the sale of regulated fuel, totalled 1.4 trillion Indian rupees ($27.7 billion), notes one of three new reports on the subject.
In India,…

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