Sentences with phrase «oil subsidies make»

Oil subsidies make up over half of the total fossil fuel consumption subsidies, while electricity makes up 24 percent, natural gas 22 percent and coal 0.4 percent.

Not exact matches

Tax cuts for the rich, subsidies for oil companies that raked in billions in profits, laws passed making it much more difficult to declare bankruptcy and also legislation absolving big phrams of any lawsuits due to their non compete policies.
One of the nation's most conservative districts has made it clear that sacrificing Medicare for continued tax cuts on the wealthiest 2 % and subsidies for oil companies is NOT acceptable.
It assessed how oil subsidies could influence investor decision - making and found that the impact of subsidies on oil production (and associated emissions) in the U.S. was potentially very high.
Critics rail against policies brazenly favoring the oil industry — tax breaks, subsidies, and a regulatory climate just this side of whoopee — making it sound like environmental degradation was part of the founders» original intent.
Their critics say their stance, however well intentioned, will produce the real delays, given how much can be done now simply by cutting energy waste with tools already on the shelf — ranging from strengthening efficiency standards to eliminating billions of dollars in persistent fossil - fuel subsidies that continue to make coal and oil much cheaper than they really are when all their hidden costs are revealed.
By subsidizing fossil fuels here, along with providing subsidies for highways, spreading our communities out ever more widely in sprawling suburbs, and discouraging rapid transit development almost everywhere the U.S. has made sure that oil producers would be enriched around the world for as long as the pumps were working.
In the past, there may have been an argument to help with high risk oil exploration, but in the climate change era subsidies make no sense whatsoever.
Regardless of what the Heritage Foundation thinks, the government can and does have a role to play... cut taxes on businesses and individuals who help us build a green future, conduct research or provide subsidies for private companies to do it, help people make their homes energy efficient, and educate, educate, educate the American people as to what's at stake if we don't pry ourselves away from the oil / coal / gas faucet.
This ignorance leads to radio ads decrying NIMBYism as the only reason for disallowing offshore drilling, even while these rich landowners still don't allow any wind / solar where they can see, make up all sorts of lies about wind / solar, while bush refuses to give equal subsidies to «alternative» energy and refuses to tax windfall profits to oil companies, who break records year after year in profits...
The 112th Congress made a record - breaking 191 votes to kill air pollution rules, protect Big Oil subsidies, and block efforts to fight climate change, earning it this dubious distinction:
-- perhaps the «problem» is not big oil or big coal, both of which have discovered there is big money to be made from tax breaks and other subsidies justified in the name of combating carbon.
The oil and gas industry makes out particularly well in the budget deal, with the vast majority of its generous subsidies preserved under the new budget.
Riyadh made the bold call of slashing domestic oil subsidies at the end of December, leading to prices rising by 50 % in some cases.
He said the lower oil price might spur the use of fossil fuels but could also make it «more politically palatable» for some countries to cut fossil fuel subsidies.
Further, the Indian government has made major progress in its phase - out of fossil - fuel subsidies, of which the most important step has been a reduction of subsidies for imported oil, a shift that has accompanied the international collapse of oil prices.
«Perhaps the «problem» is not big oil or big coal, both of which have discovered there is big money to be made from tax breaks and other subsidies justified in the name of combating carbon.
CalCars» mission is to narrow the cost gap through incentives, subsidies and rebates while making the case for paying extra to gain access to car - pool lanes, spend less time at gas stations, get home backup power, lower maintenance costs, and, most importantly, benefit society by reducing oil imports, greenhouse gases and pollution.
What makes Big Oil's attack particularly galling is that the oil and gas industry benefitted from large government subsidies for decadOil's attack particularly galling is that the oil and gas industry benefitted from large government subsidies for decadoil and gas industry benefitted from large government subsidies for decades.
70 % of Americans oppose fossil fuel subsidies, and President Obama has made taking oil companies to task a cornerstone of his early reelection campaign.
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