Sentences with phrase «cut subsidies for fossil fuels»
The momentum created by such commitments spurred dozens of nations, joined by the World Bank and other influential institutions, to pledge to cut subsidies for fossil fuels.
https://dotearth.blogs.nytimes.com/ Not exact matches
«His weak green light to renewable fuels, refusal to cut fossil fuel subsidies and his call for further imports, completely undermines last year's recognition of the need to end the nation's oil addiction,» she said.
Sanders, with representative Keith Ellison, recently proposed an End Polluter Welfare Act, which they say would cut $ 135bn of US subsidies for fossil fuel companies over the next decade.
[iv] Reuters, Pressure for G20 deadline on fossil fuel subsidies shifts to Germany, September 6, 2016, http://www.reuters.com/article/us-g20-climatechange-fossilfuels-subsidi-idUSKCN11C259 and Argus, Obama to push G20 to cut fossil fuel subsidies, August 31, 2016, http://www.argusmedia.com/news/article/?id=1303970
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.
Ironic, too, that the head of the OECD has made passionate pleas for the world to end fossil fuel subsidies, while deals are cut within the OECD to ensure these subsidies continue.
Some would like to see these subsidies end, but I'd say that fossil fuel subsidies should be cut first; that would save more money, and be fairer since they've been around for decades while renewable energy is still a relatively small industry.
As for recent rioting in Nigeria resulting from attempts to cut fossil fuel subsidies, Birol said that these really, «highlight that reforms need to be implement gradually and included targeted assistance.»
Hence, if you want to change directions, you have to influence the politics — you have to work to prevent the Koch Brothers from destroying California renewable energy initiatives, you have to work to eliminate federal subsidies and liability caps for fossil fuel projects (which would mean that oil drillers would have to post $ 10 billion bonds for every deepwater project they initiated), and — for academic scientists — you have to lobby your academic administrators to cut their ties with shady fossil fuel interests like BP and Exxon, and work to open renewable energy research institutes at America's leading universities.
Many countries have turned to fossil fuel subsidies at some point or another to reduce energy costs in order to cut transportation bills, prop up industries, or finance household electrification, particularly for the poorest families.