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 decad
Oil's attack particularly galling is that the
oil and gas industry benefitted from large government subsidies for decad
oil 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.