TOKYO -- Japan's government has proposed paying oil refiners to keep down the price of gasoline, just days after nations agreed to move faster to end "inefficient" subsidies for fossil fuels.
Energy
Japan floats surprise gasoline subsidy to cap prices at pump
Money for refiners risks distorting energy market in transition, critics say
Japan's gasoline prices hit a roughly seven-year high in early November amid surging crude prices and a weaker yen. (Photo by Munemasa Horio)
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