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Home / NEWS / Subsidy cuts are answer to energy waste: IRENA


Subsidy cuts are answer to energy waste: IRENA

by Michael Palmer on Jul 10, 2011

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Subsidy cuts could be the answer to smarter utility use, says IRENA chief. (Getty Images)
Subsidy cuts could be the answer to smarter utility use, says IRENA chief. (Getty Images)

A reduction in energy subsidies could be the key to conserving energy, according to Adnan Amin, the director general of the International Renewable Energy Agency.

In an interview with Gulf News, the senior energy official said that a change in individual patterns of energy consumption is necessary now that the world has reached certain limits of sustainability.

“People need to take their use of energy and water seriously, given the climate change and resource depletion the world is facing,” he said. “In the UAE, where consumption of both is highly subsidised, a progressive reduction in subsidies, although unpopular with people, will signal that they need to reduce their consumption or prevent wastage of water and energy.”
 

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Agree that a rethink in subsidies is called for, However although it would be unpopular it may be time to relook at how

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Readers' Comments


Robert McKnight (Jul 10, 2011)
Muscat
Oman

Subsidy cuts are answer to energy waste
Agree that a rethink in subsidies is called for, However although it would be unpopular it may be time to relook at how those subsidies are granted. South Africa have taken to giving a set amount of water and electricity FREE to its population, however once you cross that threshold you pay at the full unsubsidised rate, this is a powerful control of wastage, and is probably not as distaseful to the community as just reducing current subsidies.


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