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> Many emerging markets countries subsidize the cost of gasoline and diesel at the retail level so that their citizens can afford it.

Which is still a petroleum subsidy. They could just give the citizens the equivalent amount of cash and then it wouldn't be.



What? Either way it's the same. Those people would just go use the cash to buy gasoline. It's the exact same thing.


It isn't. They could use cash to do something else where possible, like help pay for housing which is closer to where they work, or buy a computer so they can work from home, or buy a hybrid car etc.




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