Sentences with phrase «for fuel subsidies»

Governments around the world spend an estimated $ 16 billion annually on increasing fleet size and fish - catching ability, including $ 4 billion for fuel subsidies.

He said the governors» position was informed by the huge amount of money being spent by the NNPC as payment for fuel subsidy annually.

(h) In the Appropriation Act, 2011 the sum of N245 billion was earmarked for fuel subsidy.

Some of them also want to be seen as supporting the Federal Government by offering to pay for the fuel subsidy.

CACOL and the CD said the state governments misplaced their priorities by asking to pay for the fuel subsidy.

Not exact matches

Fossil - fuel subsidies drain government budgets, throwing up a fiscal wall that blocks state support for clean energy while protecting the interests of the oil industry.

Unfortunately, however, government resources are actually flowing the other way: according to a report from the U.S. - based National Resources Defense Council, since 2009, global subsidies for fossil fuels have almost tripled to an estimated US$ 775 billion this year.

But three types remain common: consumption subsidies in developing nations, consumption subsidies in rich developed countries, and subsidies for fossil - fuel producers.

The plan includes unpopular measures like cuts to subsidies for the poor and raising fuel prices to lower debt.

The reason for this is that many countries in Asia used the prior period of falling crude prices to end, or dramatically scale back, their fuel subsidies.

Get rid of the subsidies for dirty fuels.

That's why analysts expect the government to look for operating expenditure cuts — such as cutting remaining fuel subsidies — even as it tries to keep up development spending and target lower - income households, often called the B40, or bottom 40 percent with incomes of less than around 2,500 ringgit a month.

We will fulfill Canada's G - 20 commitment to phase out subsidies for the fossil fuel industry.

A target of $ 250 million in reduced fossil fuel subsidies is our starting point, and a first step will be to allow for the use of the Canadian Exploration Expenses tax deduction only in cases of unsuccessful exploration.

Also in the Post, Terence Corcoran wonders whether Corn Cob Bob — the friendly spokesmascot for the Canadian Renewable Fuels Association — will survive its ongoing battle with the C.D. Howe Institute, which recently released a report questioning the environmental and economic justifications for corn ethanol subsidies.

In a 184 - page letter to Catholic leaders released Thursday, Francis warns of «unprecedented destruction of ecosystems, with serious consequences for all of us» and recommends renewable fuel subsidies and maximum energy efficiency to combat global warming.

Accelerate investment in renewables and end subsidies for any fuel that releases carbon into the air as breathe.

(Posted 24 December 2011) Significant current scandals, and those yet to come In no particular order Top salaries and bonuses - boardroom and shareholder individual responsibility The multiple between top and average pay Lawyers fees - the cost of the legal process Medical negligence claims against the NHS Care and treatment in the NHS «No win, no fee» personal injury compensation Democracy and the voting system Lords reform Political party funding The domestic energy market and pricing The Tax system and its inefficiencies and complexities Subsidies for new energy generation schemes The amount of crime fuelled by Drugs The availability of drugs in prison.

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.

He explained that the initial amount budgeted for the settlement of subsidy claims only covered the period from January to September adding that it was important to include October to December in the budget in order to avert scarcity of fuel.

«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.

The deal, long in the making after Entergy signaled it would shutter the FitzPatrick plant in 2017, comes after state regulators put the final approval on new subsidies for renewable fuels, including nuclear power, potentially worth millions of dollars.

Both men were accused of collecting the money in April 2012 from Otedola in order to remove Otedola's companies» names from the list of firms indicted by the committee for allegedly abusing the fuel subsidy regime.

In fact, the bill Obama voted for raised taxes on oil companies by $ 300 million over 11 years while providing $ 5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuels.

Subsidies for using farmland to grow fuels, instead of food.

The project's original subsidy package claimed the building site was a brownfield because one corner of the property used to house a gas station with underground fuel tanks, On that basis, Uniland and Delaware North sought state tax credits that would have seen the state pay 100 percent of the project's property taxes for 10 years.

Though the shelter population began to reach historic peaks before de Blasio took office — fueled, in part, by the end of the Advantage rental - subsidy program that stranded people trying to transition, or remain out of, the shelter system — the mayor got hounded (by some, more than others) for his apparent stumbling with the issue.

• Governors» proposal, not practicable, says NLC Niyi Odebode, Adelani Adepegba, Ifeanyi Onuba, Okechukwu Nnodim and Olaleye Aluko The Nigeria Labour Congress and civil rights groups, including the Campaign for Democracy, have faulted a proposal by state governors to take over payment of fuel subsidy, saying it is not a solution to the fraud that has -LSB-...]

The Nigeria Labour Congress and civil rights groups, including the Campaign for Democracy, have faulted a proposal by state governors to take over payment of fuel subsidy, saying it is not a solution to the fraud that has characterised the payment.

State governors, after their meeting on Wednesday night, proposed that each state government should take responsibility for payment of subsidy for fuel consumed in its territory.

For instance, Senator Dino Melayo had on several occasions in the floor of the national Assembly exposed explosive financial infractions committed by officials of the current presidency including the huge bills that Nigerian National Petroleum Corporations spends illegally as subsidy for importation of fuel and the illegal employment of children of favoured politically connected persons into plumb jobs in the central bank of NigerFor instance, Senator Dino Melayo had on several occasions in the floor of the national Assembly exposed explosive financial infractions committed by officials of the current presidency including the huge bills that Nigerian National Petroleum Corporations spends illegally as subsidy for importation of fuel and the illegal employment of children of favoured politically connected persons into plumb jobs in the central bank of Nigerfor importation of fuel and the illegal employment of children of favoured politically connected persons into plumb jobs in the central bank of Nigeria.

Despite wanting to retain a costly subsidy for a fringe interest, Ed Miliband pretends to want to reduce fuel bills.

The bill language also proposes changes to the Internal Revenue Service code that would terminate fossil fuel subsidies, extend renewable electricity production tax credits for wind - generated electricity and permanently extend a business energy investment tax credit for solar or wind energy technologies.

The embattled House of Representatives Committee Chairman on Fuel Subsidy, Farouk Lawan's lawyer, Chief Mike Ozekhome (SAN) yesterday called for a forensic expert to prove the...

Continuing the $ 1 - per - gallon subsidy for cellulosic ethanol and the renewable fuel standards will also help.

When you go to Washington to get stuff, sometimes you get the wrong stuff, like subsidies for corn ethanol — the wrong feedstock for the wrong fuel.

For instance, removing subsidies means that the switch to modern fuels may become out of reach for many poor people, the results shFor instance, removing subsidies means that the switch to modern fuels may become out of reach for many poor people, the results shfor many poor people, the results show.

Ultimately, these results do show benefits of removing fossil fuel subsidies, especially in certain regions, but care is needed for implementation.

These fossil - fuel subsidies have allowed these countries to distribute resource revenue, bolstering legitimacy for governments, many of which are not democratically elected, Krane said.

Eliminating fossil fuel subsidies would slash global carbon emission by 20 percent and raise government revenue by 2.9 trillion, well over the funds needed for intelligent policy and action on climate adaptation.»

Senator Jeff Bingaman, Democrat of New Mexico, opposed big subsidies for coal - based fuels until mid-June, when he moved to offer up to $ 10 billion in loans for coal - to - liquid plants.

Moreover, the authors suggest that states that provide subsidies to uneconomical nuclear reactors within their borders could also play a constructive role by making those subsidies available only for plants that agreed to carry out expedited transfer of spent fuel.

While country - specific effects would be varied, IMF projects that eliminating post-tax subsidies for the most - polluting energy fuels, such as coal and gasoline, could raise government revenue by $ 2.9 trillion, while also slashing premature deaths from pollution - related diseases by more than 50 percent.

$ 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.

For more information on G20 fossil fuel subsidies, including public finance, read Oil Change International and Overseas Development Institute's report: Empty Promises: G20 Subsidies to Oil, Gas, and Coal Psubsidies, including public finance, read Oil Change International and Overseas Development Institute's report: Empty Promises: G20 Subsidies to Oil, Gas, and Coal PSubsidies to Oil, Gas, and Coal Production

Ending fossil fuel subsidies would free up scarce public money for priorities like education, healthcare, and clean energy.

A study published today, by a group led by the International Institute for Applied Systems Analysis (IIASA), indicates that eliminating fossil fuel subsidies could curb global greenhouse gas emissions by as much as 5 % through 2030 while saving hundreds of billions of dollars in public money.

Most fossil fuel people here now love carbon taxes, regulations for they increasingly improve profits, reduce risks or involve subsidies to investors.

Nuclear power is not «too cheap to meter,» and in fact, despite hundreds of billions of dollars in government subsidies and in ratepayer charges, nuclear power greatly trails other fuels as a source of electricity and is useless in providing for the world's other major energy needs, including transportation.

Assuming you believe in economic efficiency and a free market, you should be advocating a reduction in subsidies to energy companies for production of electricity by nuclear and fossil - fueled plants.