Sentences with phrase «oil tax subsidies»
The concept of «Oil tax subsidies» is what's disingenuous.
https://politics.stackexchange.com/ Not exact matches
Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.
A version of this article appears in print on July 4, 2010, on Page A1 of the New York edition with the headline: As Oil Industry Fights a Tax, It Reaps Subsidies.
Obama wants to do away with corporate tax benefits like oil and natural gas industry subsidies, special breaks for the purchase of private jets and certain corporate tax shelters.
Kuwait's plan to impose corporate taxes and cut fuel subsidies to reduce the OPEC member's reliance on oil faces a familiar obstacle: a parliament that has resisted previous attempts to Continue Reading
The poor and middle class will pay for the tax cuts to the rich and subsidies to the oil companies.
Republicans are fighting for billionaires & millionaires, oil subsidies for the oil companies, tax loopholes for corporations, taxbreaks for companies that send American jobs overseas.
They are the ones who use racist, nasty comments about the poor on welfare and call them «takers» when in fact the Federal government spends 10 times more on corporate tax loopholes and «corporate welfare» in subsidies to oil companies, the sugar and corn industries and many others.
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.
First Grimm voted with his Republican leadership to end Medicare while protecting subsidies for Big Oil and tax breaks for billionaires.
In fact, the bill Obama voted for raised taxes on oil companies by $ 300 million over 11 years while providing $ 5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuels.
They both claim that incumbent Republican Congressman Chris Gibson took donations from the oil and gas industries and has since «voted to continue billions in tax subsidies for his oil and gas donors.»
He even voted to continue billions in tax subsidies for his oil and gas donors.
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.
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.
Today, however, particularly in the US, those choices are cushioned by energy prices that don't even reflect what it costs to produce the energy (say «ethanol subsidies» three times), no carbon taxes, and no tax on oil to represent its real or even imagined threats to national security.
With oil prices as low as they are, now would be a perfect time for other countries to follow Morocco's lead — either slashing oil, coal and gas subsidies or raising their gas taxes before prices start to rise again.
It's much harder to explain oil company tax subsidies.
Pay for the green energy subsidies by taxing IMPORTED oil, on which we are dangerously dependent.
On those FF subsidies: just the top 4 oil and gas companies paid $ 254.2 billion in taxes to foreign governments plus had a tax liability in the USA of $ 32.1 billion which they paid $ 15.6 billion and deferred the rest until later.
It is unclear to me how oil subsidies and lack of tax breaks for an upstart renewable energy industry will help further these goals.
As much as the various embargoes, supply crunches and other problems have kcost us as a nation., no one wants to pay any of his / her own money NOT to import oil, as evidenced by the beating back of all attempts tax energy or oil in favor of subsidies right and left.
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...
In my view (and I've seen energy and environment close up in every election since Pres. Nixon's rather revolutionary Environmental Message of the early 1970s == too bad there was that third rate break in to spoil his record) the tests for all the candidates will be whether they will substiture oil taxes for off - oil subsidies, carbon taxes to level the whole field, and then and only then decide where we need to push or pull a bit (like with the fuel economy standards, long over due, and boy will they take a long time to arrive in full force.)
Now we're all out on the campaign trail talking about taking the tax subsidies away from the oil companies, some of which were in that 2005 energy bill.
After all, governments currently spend about half a trillion dollars a year on subsidies, mostly hidden and economically unsound, for fossil fuels... yes, our taxes are paying industries to burn coal and oil.
Now is the time to cut fossil fuel subsidies and implement a carbon tax, it argues, as the low oil price reduces the policies» effect on consumers.
According to the article, about 70 percent of all federal energy subsidies goes toward oil, natural gas and coal (billions of tax dollars every year!)
When added together, the many indirect costs to society — including climate change, oil industry tax breaks, military protection of the oil supply, oil industry subsidies, oil spills, and treatment of auto exhaust - related respiratory illnesses — total roughly $ 12 per gallon.
Opponents of the resolution expected the Simmons amendment to be a poison pill, as it would include renewable fuel subsidies and oil industry tax breaks important to many ALEC legislators.
Instead of requiring perpetual subsidies, á la the «renewable» technologies that President Obama intends to redouble if he is reelected, the oil sands generate vast sums in royalties and taxes: an anticipated $ 690 billion into federal and provincial coffers all across Canada over the life of the project.
-- 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.
Today rumors picked up speed that parties to the spending bill negotiations have reached some sort of deal, pursuant to which a relaxation of restrictions on oil exports would be traded for an extension of the wind energy industry's primary subsidy, known as the production tax credit («PTC»).
Newt Gingrich piled on later in Iowa, saying, «I don't want to pick a fight with any of my good friends who are running, but I get a little weary of people who represent oil, which has consistently had tax subsidies for its entire history, explaining that they're really not sure about these subsidies.
Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years
Congressman Dave Camp (R - MI), chairman of the House Ways and Means Committee, introduced a tax reform bill earlier this week that removed all subsidies for oil, gas, coal, renewables and other energy technologies.
These measures include levying a price on carbon emissions, eliminating tax subsidies for fossil fuels and ending implicit subsidies, such as leasing federal lands that contain coal or oil at rates below the fair market rate.
Perhaps some more «green» corporate welfare subsidies and tax cuts for oil companies?
To pay for the renewable incentives, the House bill is expected to repeal about $ 21 billion in tax subsidies extended to big oil and gas producers like Exxon Mobil Corp, ConocoPhillips and Chevron Corp..
If you want to talk welfare, what about the hundreds of billions the oil, gas and coal industries have received in subsidies and tax breaks over the years?
The SAP refers to removing tax subsidies for oil companies as «tax increases.»
In the face of this political pressure, Speaker Nancy Pelosi and the other Democrats in the House crafted an energy bill that gave the Republicans the vote they demanded on drilling, but that also limited the impacts of OCS drilling on coastal tourism, renewed the renewable energy tax credit, and that stripped away many oil company subsidies.
The International Monetary Fund (IMF) has just published a report showing that almost 9 % of all annual country budgets are spent supporting oil, natural gas and coal industries through direct subsidies, consumer rebates and avoided taxes on pollution.
Romney has not just endorsed the Paul Ryan budget that maintains $ 40 billion in tax subsidies to oil companies, but he's tapped Ryan as his running mate.
«Romney's Chief Energy Advisor Defends Plan to Give Tax Subsidies to Oil Companies Main Risky Business: Kentucky May Not Get Paid for India Coal Deal»
Authoritative sources such as EarthTrack have placed the fossil fuel industry's tax and fiscal subsidies at around $ 25 billion a year, a figure that pales beside the roughly $ 1,000 billion (one trillion dollars) paid annually for coal, oil and natural gas burned in the U.S. Do the math: withdrawing those subsidies would lead to at most a 2 - 3 percent rise in the market prices of fossil fuels — scant incentive to reduce their use and concomitant emissions of CO2.
«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.
Under Phillips» leadership, AFP has campaigned against the Environmental Protection Agency's carbon pollution standards and tax incentives for wind energy, while denying the existence of subsidies for the oil and gas industries.
The green energy sector sure could use the help competing with Canada's heavily - subsidized oil and gas industry, which gets $ 1.4 billion in tax subsidies each year.