The International Energy Agency (IEA) annually estimates global fossil-fuel consumption subsidies that measure what many developing countries spend to provide below-market cost fuel to their citizens. In 2013, IEA found that fossil fuel consumption subsidies totaled $548 billion, 4 percent lower ($25 billion less) than in 2012.[1](i) According to IEA, this decrease is due to lower international energy prices. Oil subsidies make up over half of the total fossil fuel consumption subsidies, while electricity makes up 24 percent, natural gas 22 percent and coal less than 1 percent. According to the IEA, the United States does not have any consumption subsidies for oil, coal, or natural gas.
