Fossil fuel subsidies in the context of "Agricultural subsidy"

The usage and pricing of gasoline (or petrol) results from factors such as crude oil prices, processing and distribution costs, local demand, the strength of local currencies, local taxation or subsidy, and the availability of local sources of gasoline (supply). Since fuels are traded worldwide, the trade prices are similar. The price paid by consumers largely reflects national pricing policy. Most countries impose taxes on gasoline (petrol), whereas a few, such as Venezuela, subsidize the cost. No country's taxes cover all the negative externalities (air pollution and CO2 emissions) associated with usage, that is they do not make the polluter pay the full cost. Western countries have among the highest usage rates per person. The largest consumer is the United States.

Sustainable Development Goal 12 (SDG 12 or Global Goal 12), titled "responsible consumption and production", is one of the 17 Sustainable Development Goals established by the United Nations in 2015. The official wording of SDG 12 is "Ensure sustainable consumption and production patterns". SDG 12 is meant to ensure good use of resources, improve energy efficiency and sustainable infrastructure, provide access to basic services, create green and decent jobs, and ensure a better quality of life for all. SDG 12 has 11 targets to be achieved by at least 2030, and progress towards the targets is measured using 13 indicators.

Sustainable Development Goal 12 has 11 targets. The first 8 are outcome targets, which are: implement the 10‑Year Framework of Programs on Sustainable Consumption and Production Patterns; achieve the sustainable management and efficient use of natural resources; reducing by half the per capita global food waste at the retail and consumer levels and the reduction of food losses along production and supply chains, including post-harvest losses; achieving the environmentally sound management of chemicals and all wastes throughout their life cycle; reducing waste generation through prevention, reduction, recycling and reuse; encourage companies to adopt sustainable practices; promote public procurement practices that are sustainable; and ensure that people everywhere have the relevant information and awareness for sustainable development. The three means of implementation targets are: support developing countries to strengthen their scientific and technological capacity; develop and implement tools to monitor sustainable development impacts; and remove market distortions, like fossil fuel subsidies, that encourage wasteful consumption.