fuel subsidies

Government gas assistance

Fuel subsidies are government payments or tax breaks that reduce the cost of gasoline, diesel, natural gas, or other fuels for consumers or producers.

Countries use them to keep energy affordable, support industries, or maintain political stability, though critics argue they encourage consumption, strain budgets, and harm the environment: The government announced it would phase out fuel subsidies over five years.

Opposites
market intervention direction

fuel subsidiesfuel taxes

Duties on petroleum products

carbon tax · carbon taxes · emissions tax · fuel surcharges · congestion charges

government fiscal approach

fuel subsidiesausterity measures

Policies reducing government spending

cost recovery

environmental policy stance

fuel subsidiescap and trade

Limits plus tradable allowances

Family

fuel, fuels, fueled, fueling, subsidy, subsidize, subsidized, subsidizing, subsidization

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Rated G