Now subsidies for renewable energy are being abandoned, too, in sensible jurisdictions.
Not exact matches
There will be some concern that
renewable energy subsidies have
now indirectly spawned additional support
for coal and gas, and that both will raise European
energy prices which are already some of the highest in the world.
Yet, the wishful thinking of Governor Andrew Cuomo, Attorney General Eric Schneiderman, «green» ideologues, and «
renewable»
energy hustlers and
subsidy seekers who benefit from this massive taxpayer and ratepayer rip - off has been repeated by countless «journalists» without question
for years
now.
It is
now urging members to restore Europe's competitiveness by «fracking»
for cheap natural gas from shale, instead of pushing «
renewable»
energy subsidies which cost consumers billions of pounds.
The current government has sharply curtailed
subsidies for renewable energy and
now relies more on market forces to determine the generation mix.
Less than a year since the Paris Agreement, and with investment in
renewables in the EU falling behind the US and China, the Commission thinks
now is the moment to weaken key elements of the EU's
renewable energy framework and open the door to
subsidies for old coal plants?
Thus, the IPCC
now confirms what the Scientific Advisory Board of the Federal Ministry of Economics, the Monopolies Commission or the President of the Ifo Institute, Hans - Werner Sinn, have been saying
for years: Under the fixed cap of European emissions trading with its precisely calculated amount of pollution rights
renewable energy subsidies only lead to a shift of CO2 emissions, but not to their reduction.