Sentences with phrase «as subsidies for renewable»

According to the IEA, global fossil fuel consumption subsidies are over twice as large as subsidies for renewable energy in 2015, which amounted to $ 150 billion globally — $ 120 billion for non-hydro renewables for power generation and about $ 30 billion for renewables in other sectors, primarily biofuels.

Not exact matches

U.S. federal subsidies for renewable energy, which includes biofuels as well as renewable electricity generation, has declined by 56 percent since 2013, dipping to $ 6.7 billion in 2016.
Although the final tax reform policy keeps the subsidies in place, some market analysts have grown concerned that these developments — as well as regulatory hurdles for new wind projects — will prohibit or slow the rate of deployment of renewable energy by utilities in the U.S.
Accelerate investment in renewables and end subsidies for any fuel that releases carbon into the air as breathe.
Stop hiding behind the façade that an arms trade treaty will make a difference; stop promoting arms sales to dictators; and transfer the support and subsidy enjoyed by the military companies to growing industries, such as the quest for renewable energy.
The German Renewable Energy Sources Act (EEG) still encourages such usage until 2019, e.g. by subsidizing the generation of heat from wood energy with feed - in tariffs or by granting investment subsidies for heating installations such as wood pellet or wood chip heating systems.
This means it covers the direct cost of low - carbon subsidies, energy efficiency and carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional generation for lost revenue through the capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.
«The resolution as it passed it would apply not only to all vehicle types but it would also apply to subsidies and mandates of all fuel types, so that would include, for example, the renewable fuel standard,» Ebell, who chaired President Trump's EPA transition team, said.
Meanwhile, German households picked up the growing bill for the wholesale subsidies for renewables that German industry enjoys, accounting for 18 percent of the average price that consumers paid for electricity last year — twice as high a proportion as in 2010.
The «market conditions» that these ethanol producers are referring to is the fact that the average price of ethanol has dropped some 30 percent since May, as market subsidies combined with a lack of infrastructure for its delivery and use have created a surplus of the renewable fuel.
«Building one of the first subsidy - free solar projects of this size in Europe is a ground - breaking milestone; both for us as an international renewable energy company and also for the future of the European PV market,» explains Benedikt Ortmann, Managing Director of BayWa r.e. Solar Projects GmbH.
'' «Austerity - whacked Europe is rolling back subsidies for renewable energy, as economic sanity makes a tentative comeback,» London Globe and Mail columnist Eric Reguly observed.
EPI can be assumed to be an extension of what is known as the Checks & Balances Project (CB&P)-- which was founded to investigate organizations and policymakers that do not support government programs and subsidies for renewable energy.
Instead, Newsom pointed to government subsidies for other renewables and said he expects utilities, such as the Pacific Gas and Electric Co. — which signed the first U.S. commercial wave - energy contract with Finavera in December — and taxpayers to help foot the bill.
Savings from reduced consumer and producer subsidies can be used for large ‐ scale renewables, energy efficiency and public transport systems, and, in developing countries, toward the rural poor, through for instance cleaner cooking and lighting such as distributed renewables and clean cook stoves.
Favorable policies such as exemption in wheeling and banking charges, cross subsidies, and access to withdraw banked green power anytime during the 24 hours of business operations should be translated across all states to enable larger adoption of renewable energy for big corporates.
Recent policy changes — including cuts to renewable subsidies and abolishing the Green Deal as well as the Zero Carbon Standard for homes — «have been widely interpreted to have reduced the action being taken to meet the clear commitment to carbon budgets.
However, in 2011, an additional subsidy was added in the form of the Renewable Heat Incentive (RHI), to incentivise its use for heat as well.
Annual bill for consumers to subsidise renewable technologies has soared to more than # 2.5 bn as more plants are built and the cost for each unit of electricity rises Emily Gosden — The Telegraph — June 28, 2014 The cost of generating green electricity has hit a record high as subsidies are handed to expensive offshore -LSB-...]
A few US states, particularly California, are doing the same thing, and there are already large subsidies for so - called «renewables» by the Federal Government as well.
The government of Spain, a world leader in renewable energy, said it plans to cut subsidies for photovoltaic solar plants by up to 45 percent as it seeks to slash spending amid the economic crisis.
Regarding the National Energy and Climate Plans (NECPs), the European Parliament set for a binding template for the NECPs and added into the template many important details, e.g. on phase out of fossil fuel subsidies, Member State's national trajectories for maintaining and enhancing the carbon removals from sinks as well as trajectories and objectives for energy from renewable sources produced by cities, energy communities and self - consumers.
So what we are really saying as scientists and technologists is that, how can we expect to have all the technological solutions in place — every single component — when there simply isn't a market demand for it; when the government is funding subsidies 10 to 1 in terms of fossil fuels to renewables.
There is room for improvement in the Parliament's position, both in ensuring priority access for all new renewables, and in fully eliminating all capacity mechanisms that function as hidden fossil fuel subsidies.
As a means of comparison, in 2011 alone the International Energy Agency estimated that global fossil fuel direct subsidies were worth $ 523 billion, compared to $ 88 billion for renewables.
If the SCC can be shown to be negative at current levels of abatement (and bear in mind that your excellent chart of net benefits for various abatement paths refers to benefits relative to the 2010 policy stance) then I'd be content to freeze policy at current levels but to steadily transfer all policies to a carbon tax, or at least to cost them on a common basis, ie to treat renewable subsidies as implicit carbon taxes.
But as long as the rich nations — and their big polluters — dictate the terms of the Paris accord, maintain unhealthy fossil fuel subsidies and refuse to establish a long - term market for renewable energy that includes putting a price on carbon emissions, a world that protects more vulnerable nations, humans, animals and plants from the impacts of climate change will remain a dream.
The researchers suggested switching $ 500bn in subsidies for fossil fuels worldwide to renewables as a «cost neutral» way to fast - track the energy transition.
But that remains a fantasy as long as renewable energy continues to be economically disadvantaged in favor of fossil fuel: In 2013, according to the International Institute for Sustainable Development, consumer subsidies to fossil fuels totaled $ 548 billion, compared to only $ 121 billion for renewables.
They lobby for renewables subsidies that are twice as high as the nuclear subsidies and then claim to be against subsidies.
They added that subsidy - free renewables will have a negative impact on baseload power generation, such as natural gas and nuclear, but boost the business case for flexible assets, such as peaking plants, battery storage and demand response.
It wants to wait for better technology to save the day, even as it pours subsidies into oil, gas, and coal, and ignores the abundance of renewables that are readily available at this very moment.
Brian has already made the case for why feed - in tariffs rule in promoting clean energy, and while the UK government's stinging u-turn remains a case study in how not to do them, Germany's more measured reduction in solar subsidies shows, Feed in Tariffs (FiTs) are widely regarded as the most effective policy measure for promoting renewables that we have available to us.
In its report the IPCC emphasises the futility of subsidies for renewable energy parallel to an emissions trading system: «The addition of a CO2 reduction policy to a second policy does not necessarily lead to greater CO2 reductions,» it says in a literal translation of the IPCC's Technical Summary: «In an emissions trading scheme with a sufficiently stringent cap other measures such as subsidising renewable energy have no further influence on total CO2 emissions.»
«Building one of the first subsidy - free solar projects of this size in Europe is a ground - breaking milestone; both for us as an international renewable energy company and also for the future of the European PV market,» added Ortmann.
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