Consider the following statement from the passage and answer accordingly Statement : We must eliminate energy subsidies that encourage new fossil fuels or promote overuse and waste. Assumption I : Implicit global subsidy from undercharging for energy and its environment cost was 6.5 percent of world GDP Assumption II : Price of fossil fuel energy reflects not only production costs but also environment costs.

Neither assumption I nor assumption II is implicit in the statement

Only assumption I is implicit in the statement

Only assumption II is implicit in the statement

Both assumption I and II are implicit in the statement

Consider the following statement from the passage and answer according

1.	Consider the following statement from the passage and answer accordingly Statement : We must eliminate energy subsidies that encourage new fossil fuels or promote overuse and waste. Assumption I : Implicit global subsidy from undercharging for energy and its environment cost was 6.5 percent of world GDP Assumption II : Price of fossil fuel energy reflects not only production costs but also environment costs.
A.	Only assumption I is implicit in the statement
B.	Only assumption II is implicit in the statement
C.	Both assumption I and II are implicit in the statement
D.	Neither assumption I nor assumption II is implicit in the statement
Answer» D. Neither assumption I nor assumption II is implicit in the statement

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