Countries around the European Union are looking at reforms of energy subsidies, to encourage more sustainable energy use and to accommodate the higher prices following Russia's invasion of Ukraine. These countries should be careful and considerate of the effects these reforms may have on the firms and productivity in these countries, researchers from Radboud University warn. Their study of an energy reform in Iran in 2010, published in Energy Economics, identifies some challenges that can come with such reforms.
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Energy subsidy reforms in Europe require honesty and step-by-step approach study finds
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