Sentences with phrase «direct subsidies»

"Direct subsidies" refer to financial assistance or support given directly to individuals, organizations, or companies from the government. These subsidies are provided to help them with their expenses or to stimulate economic activities in specific sectors. Full definition
Often these congregations provide direct subsidies through scholarships, and indirect subsidies through utilities, equipment and space.
So more than $ 70 million in revenue from other taxpayers was used to make direct subsidy payments to qualifying companies.
They benefit from public investments in infrastructure as well as direct subsidies through the tax system.
A tax per ton of carbon would mean higher power prices, too, but without direct subsidies to developing nations by paying for their power - plant upgrades.
The idea that fossil fuels benefit from both direct and indirect subsidies has been around for years, but analysis has generally been done in pieces (some of it done very well — Nancy Pfund and Ben Healy at DBL Investors published an excellent analysis of direct subsidies in the U.S. a couple years back) or without complete data robust enough to stand up to critique.
Setting aside the fact that in many cases clean energy competes on its own merits — for instance in the case of well ‐ situated wind farms and Brazilian sugarcane ethanol — this analysis shows that the global direct subsidy for fossil fuels is around ten times the subsidy for renewables.
City Council Speaker Christine Quinn announced new compromise legislation on Friday that would require only companies receiving direct subsidies from the city to pay employees the so - called living wage, which is a few dollars more than the minimum wage.
David Cameron has argued for extra direct subsidy in return for a # 50,000 cap on large donations and a reduction in the number of MPs.
Issuers of four types of credit bonds - issuers of qualified school construction bonds, qualified zone academy bonds, new clean renewable energy bonds and qualified energy conservation bonds - can opt to receive direct subsidies instead of offering tax credits to investors.
But they're in the same ball park, and the Bloomberg complaint is that «This analysis shows that the global direct subsidy for fossil fuels is around ten times the subsidy for renewables.»
Analogously, the government may assist with home purchases through direct subsidies of mortgage payments or through a mortgage interest deduction, and those are certainly different policies — but let's not kid ourselves into believing that lessons from one can not powerfully inform the other.
Rather than providing the companies direct subsidies, as has been the norm in the past, all of the state funds will be invested to build and equip facilities the state will own and lease to the firms.
The conclusions challenge a cornerstone of Labor's climate change policy as the federal government pours taxpayer funds into wind projects using direct subsidies, a planned $ 10 billion investment fund and renewable energy targets.
For example, in some places, including Canada, tax breaks are effective at encouraging more spending on research and development; in other countries, direct subsidies appear to be a better approach.
It will always be outnumbered by Remain, if only because so many grandees derive power or income or profit from the status quo — or even direct subsidy from the EU.
«This may involve direct subsidies to farmers, but it must also involve investment in extension services, infrastructure, supply - chain research and development, and progressive market regulation.»
I prefer that over direct subsidies from the government or relying on philanthropy to create supply with an under - funded choice program.
The issuance of $ 12 million direct subsidy qualified school construction bonds by the California School Finance Authority to fund construction of a K - 8 charter school facility located on the Chula Vista campus of High Tech High was recognized by The Bond Buyer, a very respected and influential media outlet for those working in the bond sector.
It shows that, with each successive transaction, the financial burden has resulted in higher debt - per - student costs as UNO has nearly no other source of revenue other than public transfers via direct subsidies, publicly issued bonds and government contracts.
There are direct subsidies available in certain states.
NSW native forest logging cost taxpayers $ 79 million in direct subsidies between financial years 2009 - 10 to 2014 - 5.
During the Republican primary in 2012, Perry's energy plan website stated: «As part of a broader tax reform strategy, I will also ask Congress to eliminate direct subsidies and tax credits that distort the energy marketplace.
If Europe's Emissions Trading Scheme (ETS) has had any impact on the continent's emissions, it has been too small to measure with any certainty against falling energy consumption during the recession and large direct subsidies for renewables.
The fossil - fuel support policies that governments use include direct subsidies, intervention in markets in ways that affect costs or prices, assumption of a part of companies» financial risks, tax reductions or exemptions, and under — charging for the use of government — supplied goods, services or assets.
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.
Alongside direct subsidies the International Monetary Fund estimated indirect costs (in particular involving health) of perhaps $ 5 trillion annually, 6.5 % of global GDP.
Canada Long Inuit wait for residential - school apology from prime minister ends Friday, Canadian Press Ottawa to offer direct subsidies to low - income tenants, Globe and Mail Uber won't say how many Canadians affected by year - old hack, Globe and Mail
Facebook's head of video Fidji Simo tells TechCrunch that it will not renew direct subsidies to Live News Feed video broadcasters, confirming a Digiday report about it halting payments that included $ 50 million in contracts for 140 publishers and celebrities.
When finance is provided by a network or local station, either in the form of direct subsidy, use of facilities, or provision of free air - time, the network or station exerts some pressures on the nature of the program.
In passing the Energy Policy Act of 2005, Congress supported President Bush's plan to give major incentives to building new nuclear powerplants in this country by providing direct subsidies, tax credits, payments for any delays in construction, and additional millions of dollars for research and development, among other provisions.
Certain types of tax credit bonds issued after March 18, 2010, are now eligible to receive direct subsidy payments from the U.S. Treasury to help with a portion of their borrowing costs.
These come in many forms, such as direct subsidies to uneconomical coal mines, capacity mechanisms for Member States are allowed to provide closure aid until 2018, to cover the current production losses in the context of the definitive closure of uncompetitive coal mines.
In addition, Home Loan bank staff prepared a grant for the corporation, on bank - paid time and using bank resources, requesting a $ 300,000 direct subsidy from the Federal Home Loan Bank of Boston to expand and refurbish the meal site and to rehabilitate 7 subsidized two - and three - bedroom apartments for very low - income residents.
«This analysis shows that the global direct subsidy for fossil fuels is around ten times the subsidy for renewables.»
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.
WHEREAS, the federal government and many individual states currently provide direct subsidies in the form of tax credits, rebates, and other incentives to owners of alternative - fueled vehicles, including electric, natural gas, biofuel, propane clean diesel and, in some instances, supporting fueling infrastructure; and
For example, if this Infrastructure Crown Corporation offered an interest rate below its financing costs, that would represent a direct subsidy to the provinces.
Furthermore, these expenses constitute an indirect and direct subsidy to a vast industrial sector.
@Janey — Freedom of Religion necessarily requires «Freedom from Religion» when religion comes via government power and direct subsidy.
Some of it is direct subsidy (e.g., sums paid to shipping firms to keep them competitive with foreign firms); some of it is indirect (e.g., tax credits for investment in new machinery or depletion allowances to the oil and mineral industries); but, according to Jerry Jasinowski of that committee's staff, it totals $ 63 billion a year.
Representatives from Gotham were quick to point out that the company is taking no direct subsidies for the development, instead funding the project with $ 555 million in bonds issued through the agency New York State Homes and Community Renewal.
Like most Republicans, Kolb's case against Gov. Andrew Cuomo is based on personality, and includes opposition to his policies regarding upstate economic development — which are rooted in competitions for direct subsidies to businesses.
The US congress approved a direct subsidy of $ 13.7 billion last year for a new generation of power stations, of which # 2 billion is insurance against any building delays.
Legally, that would look a lot like a direct subsidy but it would be required by statute as opposed to being at the whim of the governor's office.
Mark - Viverito had the support of the vast majority of elected officials, including three of the six out gay members of the Council: Majority Leader Jimmy Van Bramer of Queens, Carlos Menchaca of Brooklyn, and Ritchie Torres of the Bronx, despite the fact that it is a direct subsidy to schools mostly run by anti-gay religious groups that made up the bulk of those lobbying for it.
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