E-fuel production subsidies could price out developing countries, study finds
- Cheaper debt in first-world countries trumps better renewable energy resources in developing ones, UCL study finds
- Handing out fuel production subsidies passively would benefit rich countries more
- Grants and lower-cost finance could help bridge the gap, avoid worsening existing disadvantage
E-fuel production subsidies could end up helping rich countries more than poor ones if the IMO does not try to compensate for rich countries’ cheaper financing advantage