1. “Energy markets can be thought of as suffering from appendicitis due to fossil fuel subsidies. They need to be removed for a healthy energy economy.”
— Fatih Birol
2. “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.”
3. “Just 8% of the $409bn spent on fossil-fuel subsidies in 2010 went to the poorest 20% of the population.”
4. “We need a universally accepted definition of reserves reporting.”
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