The Centre for Policy Dialogue (CPD) has called for comprehensive ?scal reforms to remove policy biases favoring fossil fuels and accelerate Bangladesh’s transition to renewable energy.
at a press brie?ng in the capital recently, CPD Research Director Dr Khondaker Golam Moazzem presented a study titled ‘Fiscal Discrimination between Fossil Fuel and Renewable Energy: Alternate Solutions to Address the Energy Crisis.’ The study found that fossil fuelbased power projects have received more than 95 percent of development budget allocations over the years, while renewable energy initiatives have received less than ?ve percent, discouraging investment in clean energy technologies.
according to the report, lique?ed natural gas (LNG) imports enjoy signi?cantly lower tax burdens than renewable energy technologies such as solar equipment, lithium-ion batteries, electric vehicles and grid infrastructure.