Sentences with phrase «consumer subsidies»

Standard economics theory holds that consumer subsidies raise demand for goods, thereby shifting prices higher.

The U.S. government has invested $ 2.4 billion in research and development to improve EV batteries and another $ 300 million in grants for communities that are reducing petroleum use — not to mention, hundreds of millions of dollars in consumer subsidies.

And Qingdao, about midway between Shenzhen and Beijing, is offering consumers subsidies of between $ 5,000 and $ 9,000 per electric vehicle.

This paper finds that end - user financing (i.e. consumer subsidies and tax rebates) is relatively ineffective at enhancing sales of off - grid solar technologies in India.

«But in the interest of electricity consumers the subsidies have to be made more cost - efficient and be made more flexible to recent market developments.»

This colossal global biofuels industry exists only because resource depletion and climate Armageddon ideologies do not die easily — and because politicians lavish government mandates and billions of dollars in taxpayer and consumer subsidies on firms that have persuasive lobbyists and reliable track records for channeling millions of those dollars back to the politicians who keep the racket going.

True it was that Germany saw an increase in renewables related employment — the bulk of it in the development and manufacture of solar panels — but all of it was built on a raft of taxpayer and power consumer subsidies: it was — therefore — unsustainable.

«It is just outrageous, it is a consumer subsidy to a dying industry,» she said.

That would shift a consumer subsidy into a taxpayer subsidy.

It points out that the consumer subsidy is paid only when turbines produce electricity, meaning there is a strong incentive for wind farms to be properly maintained to protect them from wear and tear.

The extra cost is likely to be passed on to households, which already pay about # 1 billion a year in a consumer subsidy that is added to electricity bills.

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.

Without getting too deep into the weeds, the authors discuss both consumer subsidies (when the price paid by a consumer is below a benchmark price) and producer subsidies (when producers receive direct or indirect support which increases their profitability).