, June 7 -- Bangladesh's fiscal structure heavily favours fossil fuels over renewable energy, artificially suppressing the competitiveness of clean energy technologies and undermining the country's energy transition goals, the Centre for Policy Dialogue (CPD) said on Sunday.

Presenting the findings of a new study at a media briefing at the CPD's Dhanmondi office, its Research Director Dr Khondaker Golam Moazzem said the country's tax and tariff regime imposes far lower burdens on fossil fuel imports than on technologies critical for integrating renewable energy into the national grid.

"LNG imports face a total tax incidence of only 9.5 percent, with zero VAT and only 2 percent advance income tax while lithium-ion batteries face 61.8 per...