We need to
end oil subsidies now.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding,
end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
Increase biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug ‐ in hybrid cars by 2025, raise fuel economy standards, smart growth funding,
end oil subsidies, promote natural gas drilling, enhanced oil recovery
Even Republicans support
ending oil subsidies by a 2 - to - 1 margin.
Not exact matches
In Indonesia, which
ended gasoline
subsidies in 2015 and lowered the diesel
subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude
oil.
Trump's closest energy advisers, like Carl Icahn and Harold Hamm (who each own
oil companies), have been calling for an
end to
subsidies.
Recall that the agitation for the payment of the
subsidy claim started at the tail
end of ex President Goodluck Jonathan's tenure owing to the unforeseen contingencies perceived by the
oil marketers.
The Executive Director of the Chamber of Bulk
Oil Distributors (CBOD), Senyo Hosi, says government needs to consider scrapping the
subsidy on premix fuel, since such monies are only
ending in private pockets through the diversion of the commodity meant for the country's fisher - folk.
«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.
First Grimm voted with his Republican leadership to
end Medicare while protecting
subsidies for Big
Oil and tax breaks for billionaires.
In «Nigerian Economy in 2016: Withdrawal Symptoms» (January 27, 2016), I compared Nigeria to an addict finding it difficult to wean itself of the drug of
oil and warned that «in 2016 we will be forced to begin reconciling ourselves to the real exchange rate of the Naira» and «it is wise to formally and publicly
end the
subsidy regime and bring certainty and investments into the downstream petroleum sector.»
The president and Congress must also
end the market - distorting
subsidies given out like Halloween candy to industries across the energy spectrum — from coal and
oil to wind and solar.
«The
oil and gas
subsidies are costly to the American taxpayer and do little to incentivize production or reduce energy prices,» the White House says in a document listing programs the administration wants to
end.
McCain says he is for
ending the
subsidies to the
oil and gas industries.
Energy Hidden
Oil Subsidies: We Need to END Them 15 Photovoltaics Solar Power Innovations You Must See No Recession for Wind Power Industry More on U.N. Study on Fuel Subsidies UN urges phasing out of energy subsidies Scrapping fuel subsidies can help climate: U
Subsidies: We Need to
END Them 15 Photovoltaics Solar Power Innovations You Must See No Recession for Wind Power Industry More on U.N. Study on Fuel
Subsidies UN urges phasing out of energy subsidies Scrapping fuel subsidies can help climate: U
Subsidies UN urges phasing out of energy
subsidies Scrapping fuel subsidies can help climate: U
subsidies Scrapping fuel
subsidies can help climate: U
subsidies can help climate: U.N. study
Under the pretext of «development,» i.e.
ending poverty, this
Oil Aid is a subsidy to the most profitable industry on earth, the oil indust
Oil Aid is a
subsidy to the most profitable industry on earth, the
oil indust
oil industry.
Saudi Arabia is the second largest country subsidizing
end - use fossil fuel prices, providing 69 percent of its $ 71.3 billion in fossil fuel consumption
subsidies to
oil, 19 percent to electricity, and 12 percent to natural gas in 2014.
Today, Senator Brian Schatz of Hawaii unveiled the FAIR Energy Policy Act, which would
end a subset of existing U.S. federal
oil subsidies within four years.
Saudi Arabia is the second - leading subsidizer of
end - use fossil fuel prices, providing 61 percent of its $ 48.6 billion in fossil fuel consumption
subsidies to
oil, 26 percent to electricity, and 14 percent to natural gas in 2015.
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.
Riyadh made the bold call of slashing domestic
oil subsidies at the
end of December, leading to prices rising by 50 % in some cases.
This idea has widespread bipartisan support: Obama calls to repeal
oil subsidies just about every year, and Republicans, Independents, and Democrats alike support
ending the handouts — but the unholy alliance between industry execs and the politicians they finance keeps them in place.
Via The Economist Bicycles and Bikes NY State Senator to Cyclist he Almost Hit: «You F *** ing A ** hole» San Francisco Sunday Streets: «Streets are for People» Bear vs. Bike: Cyclist Hits 300 - Pound Black Bear Financial and Recession articles Hidden
Oil Subsidies: We Need to
END Them No Recession for Wind Power Industry Counter-Point: 4 Reasons Why Recession is BAD for the Environment
via:: BBC News
Oil Arctic Could Contain 400 Billion Barrels of
Oil World
Oil Demand Growth to Outpace Non-Opec Supply Growth: IEA Hidden
Oil Subsidies: We Need to
END Them