Scrap them
An excerpt from The Economist, June 14th, 2014
For decades, governments from Egypt to Indonesia have subsidised the price of basic fuels. Such programmes often start with noble intentions--to keep down the cost of living for the poor or, in the case of oil producing countries, to provide a visible example of the benefits of carbon wealth--but they have disastrous consequences, wrecking budgets, distorting economies, harming the environment and, on balance, hurting rather than helping the poor.
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