The full IISD report the article mentions is here [0] (along with a key points summary) ...see 'PDF download' below the image at upper right. Very readable.
[0]https://www.iisd.org/library/fossil-fuel-clean-energy-subsid...
"The report shares examples of four countries—India, Indonesia, Zambia and Morocco—that have already been taking concrete action and leading the way by implementing fossil fuel to clean energy swaps."
There would also be big national security concerns. It's hard to hold, for example, Saudi Arabia accountable for misdeeds when your economy depends on them.
For the record, I think the US should do this gradually. Some of the money could go toward welfare and unemployment benefits for people negatively impacted by job losses or price increases.
Isn't fossil fuel subsidies just a way to spread the cost from those who consume the fuel (directly or indirectly) to those who don't?
Sounds like what every Central Bank in the developed world is desperately trying to achieve.
But how would you assess impact on the climate crisis (per se)?