ᐅ Energy is significantly underpriced in many parts of the world, leading to wasteful consumption, price volatility and fuel smuggling. It's also undermining the competitiveness of renewables. – Fatih Birol | QuotesTrue.com

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Energy is significantly underpriced in many parts of the world, leading to wasteful consumption, price volatility and fuel smuggling. It's also undermining the competitiveness of renewables.

Fatih Birol

"Phasing out fossil fuel subsidies 'could provide half of global carbon target'" by Duncan Clark, www.theguardian.com. January 19, 2012.

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