Topic : Conservation, environmental pollution and degradation, environmental impact assessment.
6. Assess implications of phasing out fossil fuel subsidies on the mitigation of climate change. (250 words )
Reference: science direct
Why the question:
The article presents to us the long-term climate policy implications of phasing out fossil fuel subsidies.
Key Demand of the question:
Directive:
Assess – Weigh up to what extent something is true. Persuade the reader of your argument by citing relevant research but also remember to point out any flaws and counter- arguments as well. Conclude by stating clearly how far you are in agreement with the original proposition.
Structure of the answer:
Introduction:
Talk about the scenario of phasing out fossil fuel subsidies and underlying factors.
Body:
It is often argued that fossil fuel subsidies hamper the transition towards a sustainable energy supply as they incentivize wasteful consumption.
Discuss in detail the implications of phasing out fossil fuel subsidies on the mitigation of climate change such as –
- The removal of subsidies leads to a net-reduction in the use of energy.
- Emission reductions contribute little to stabilize greenhouse gases at 450 ppm if not combined with climate policies.
- Low carbon alternatives may encounter comparative disadvantages due to relative price changes at world markets.
Discuss both advantages and disadvantages.
Highlight their impact on mitigation of climate change.
Conclusion:
Conclude that removal of fossil fuel subsidies, if not complemented by other policies, can slow down a global transition towards a renewable based energy system. The reason is that world market prices for fossil fuels may drop due to a removal of subsidies. Thus, low carbon alternatives would encounter comparative disadvantages.
