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Friends of Fossil Fuel Subsidy Reform

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Friends of Fossil Fuel Subsidy Reform
The Friends group was formed in June 2010 to support G20 and APEC leaders’ commitments to phase out inefficient fossil fuel subsidies. The Friends encourage the G20 and APEC to implement their initiative as soon as possible, with maximum ambition and transparency.

Sweden

Sweden is one of the members of the Friends of Fossil Fuel Subsidy Reform. In combating climate change Sweden emphasizes the importance of making polluters pay, by putting a price on carbon emissions. Already in 1991 a carbon tax was introduced in Sweden as a complement to the existing system of energy taxes. Today the general carbon tax level is approximately $ 150 per ton of carbon. Sweden is considered a green pioneer, aiming for a completely fossil free society (www.government.se/fossilfreesweden). The governments’ long-term ambition is that the energy system should be based on 100% renewable energy.

Besides participating in the Friends activities, Sweden has since 2011 been supporting Global Subsidies Initiative (GSI) and their work to support government efforts to reduce fossil-fuel subsidies, for instance by helping building capacity, raising awareness of, and facilitating an informed national dialogue on reform options.

Friends of Fossil Fuel Subsidy Reform
The Friends group was formed in June 2010 to support G20 and APEC leaders’ commitments to phase out inefficient fossil fuel subsidies. The Friends encourage the G20 and APEC to implement their initiative as soon as possible, with maximum ambition and transparency.

Friends of Fossil Fuel Subsidy Reform are

  • Costa Rica
  • Denmark
  • Ethiopia
  • Finland
  • New Zealand
  • Norway
  • Sweden
  • Switzerland
  • Uruguay
  • Netherlands

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