The Center on Global Energy Policy hosted a presentation and discussion with Center Fellow Dr. Joseph Aldy on fossil fuel subsidies around the world. Dr. Aldy illustrated the energy, environmental, and economic impacts of fossil fuel subsidies, described the political economy that sustains these policies, and discussed the potential opportunities to reform fuel subsidies, especially during a time of low oil prices.

After the presentation, Center Inaugural Fellow David Sandalow moderated a panel conversation where Dr. Aldy was joined by:

  • Vijay Modi, Professor of Mechanical Engineering, Columbia University; Director, Infrastructure Programs, Millennium Villages Project, Earth Institute;
  • Keith Benes, Program Director for International Climate Policy, Center on Global Energy Policy; and
  • Dr. Johannes Urpelainen, Associate Professor of Political Science, Columbia University.


Dr. Joseph Aldy is a non-Resident Fellow at the Center on Global Energy Policy and Assistant Professor of Public Policy at the John F. Kennedy School of Government at Harvard University. He is also a Visiting Fellow at Resources for the Future, and a Faculty Research Fellow at the National Bureau of Economic Research. From 2009-2010, Aldy served as the Special Assistant to the President for Energy and Environment, reporting through both the National Economic Council and the Office of Energy and Climate Change at the White House.