Argentina eliminated fossil fuel subsidies

Argentina has eliminated subsidies for fossil fuel, along with other measures to reduce government expenditure.

Cutting subsidies for fossil fuels is essential for many reasons, but to avoid causing immediate hardship for people of low income, this needs to be accompanied by increased support for people and families of low income. This increase must not depend on actual fossil fuel consumption! Therefore it will compensate for the increased cost of fossil fuels without reducing their price.