Sentences with phrase «for oil subsidies»

re 461, just like there's no need for oil subsidies (tax breaks too!)

Marketers disclosed that they owe their foreign suppliers in excess of $ 1.29 billion, even as the marketers were paid only N413 billion in December 2015 for oil subsidies.

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.

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.

Between 1985 and 2000, the European Court of Auditors reported that 87 percent of misappropriated EU subsidies for olive oil bottlers had gone to Italy.

Trump's closest energy advisers, like Carl Icahn and Harold Hamm (who each own oil companies), have been calling for an end to subsidies.

But thanks to the subsidy they get from Canada, refineries in Cushing often enjoy refinery margins, or crack spreads as they're known in the industry, that have been as much as five times what refineries on the Gulf Coast, which have to pay full world oil prices for their feedstock, operate with.

Obama wants to do away with corporate tax benefits like oil and natural gas industry subsidies, special breaks for the purchase of private jets and certain corporate tax shelters.

The poor and middle class will pay for the tax cuts to the rich and subsidies to the oil companies.

Republicans are fighting for billionaires & millionaires, oil subsidies for the oil companies, tax loopholes for corporations, taxbreaks for companies that send American jobs overseas.

Tax cuts for the rich, subsidies for oil companies that raked in billions in profits, laws passed making it much more difficult to declare bankruptcy and also legislation absolving big phrams of any lawsuits due to their non compete policies.

Tropical Traditions also restored traditional methods of producing coconut oil by hand, and also worked to provide consumer access to other traditional products that had fallen out of favor in the U.S. market, but for which there was a demand from health - conscious consumers interested in sourcing food outside the corporate commodity food supply kept cheap by government 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.

Set up groups and opt - ins for your top campaigns or issues areas (one group might be «medicare» for example «or climate change» or «oil subsidies») and then send most email on those campaigns to people who've taken an action on that campaign in the last 3 months.

«If you take the Economic Intelligence Unit (EIU)[report], they said 2017 and onward is going to be a period of prosperity for Ghana and that is because of the foundation that we have laid, it's because of the work that we have done, we've eliminated a lot of the deficits that were created by huge subsidies on utility tariffs, we eliminated a lot of the subsidies that created huge deficits on the cost of petroleum products, today as I speak, Tema Oil Refinery (TOR) is running, and producing petroleum products for Ghana, we have enough stock of LPG, our tanks and strategic reserves for petroleum products are all full, and, so, we have ships standing offshore Ghana with petroleum products, but there is no space to offload those products, and, so, we've done a good job in stabilising various sectors of the economy.

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.

A state - owned oil company which can award contracts worth billions of dollars without the knowledge of the minister of state for petroleum who is also chair of its board, and which can administer a petrol subsidy scheme that is not budgeted for is probably not an epitome of anti-corruption!

So... while (1) subsidies for businesses (like the oil companies» outrageous subsidies) are a CREDIT or GAIN from the perspective of businesses, they most certainly can be called (2) handouts or foregone income or SPENDING from the government's perspective... which is a DEBIT or LOSS for the government.

On May 20, 2015, nine days BEFORE the government was inaugurated, I laid out «Policy Prescriptions» - diversification of production, government revenue, and exports; imperative of a strong and credible economic team and cabinet; targeting «opportunity sectors» (solid minerals, refining and petrochemicals, a new and realistic fiscal regime for upstream oil and gas, private sector investments in power and infrastructure, agro-processing, retail and construction); freeing «up resources from downstream petroleum sector deregulation» emphasizing «an economic reality in which hard decisions including some previously rebuffed by the opposition will have to be taken» a clear reference to the petrol subsidy which government waited a full year before countenancing the critical decision!

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.

One of the charges read, «That you, Adegbite Adetoye and Ponnle Abiodun whilst being directors of Origin Oil and Gas Limited on or about the 8th day of October 2010 to December, 2011 in Abuja within the jurisdiction of the High Court of the Federal Capital Territory, Abuja and with intent to defraud, conspired to obtain the sum of N735, 132, 076.18 From the Federal Government of Nigeria under false pretence that the said sum represented subsidy accruing to you, whereas the sum is above the actual subsidy payment for the importation of 15,000 mt of premium motor spirit (petrol) which you claim to have purchased from Vitol SA and imported into Nigeria through MT Silverie which representation you knew to be false.»

They both claim that incumbent Republican Congressman Chris Gibson took donations from the oil and gas industries and has since «voted to continue billions in tax subsidies for his oil and gas donors.»

He even voted to continue billions in tax subsidies for his oil and gas donors.

The question of what Empire State taxpayers are getting in exchange for these subsidies is never clear and compelling, despite regular claims of an economic bonanza that would sound quite normal coming from the lips of a supply - side snake - oil salesman.

One of the nation's most conservative districts has made it clear that sacrificing Medicare for continued tax cuts on the wealthiest 2 % and subsidies for oil companies is NOT acceptable.

Reform of energy subsidies in oil - exporting countries can reduce carbon emissions and add years to oil exports, according to a new paper from Rice University's Baker Institute for Public Policy.

$ 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

What we know from reading the actual findings of this study, as well as several other analyses of the climate impacts of fossil fuel subsidy removal, is that nixing oil, gas, and coal subsidies would be a big win for the climate, would saves money, and could free up resources to help the poorest and most vulnerable.

Energy stocks are subject to the world economic climate and demand for oil, unless you're talking alternative - energy stocks, which are subject to political risk regarding their subsidies and technological risk regarding whether or not their technologies pan out.

Obama clearly picked up on bipartisan interest in eliminating distorting energy subsidies, but sadly targeted only oil subsidies in seeking the billions he wants for research and innovation.

McCain says he is for ending the subsidies to the oil and gas industries.

With oil prices as low as they are, now would be a perfect time for other countries to follow Morocco's lead — either slashing oil, coal and gas subsidies or raising their gas taxes before prices start to rise again.

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: USubsidies: 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: USubsidies UN urges phasing out of energy subsidies Scrapping fuel subsidies can help climate: Usubsidies Scrapping fuel subsidies can help climate: Usubsidies can help climate: U.N. study

Uh, paying subsidies for oil at the moment (to the tune of a trillion dollars for the US alone...) is a decrease in productivity.

since we are already on the plateau of peak oil, with the oncoming downslope more or less in sight, the cost of energy is going to continue to skyrocket regardless of government's intervention or subsidy for any particular forms of alternative energies.

Isn't it ironic that five major oil company leaders were there to beg congress to continue the subsidies for oil production introduced during the low price period of 1997 - 1998.

Trillions are spent on war where oil is the key political factor, hundreds of billions on subsidies for rich companies that reap huge short - term profits, both in fossil fuels and pseudo-green technologies like corn ethanol and biodiesel.

For example, an «energy security fee» of $ 3.50 per barrel of imported oil would raise approximately $ 15 billion annually; reduced fossil fuel subsidies as proposed by the administration could generate upwards of $ 35 billion over ten years; a utilities electricity fee could raise at least $ 2 billion annually, as included in the Kerry - Lieberman American Power Act; and royalties on new offshore continental shelf drilling could raise more than $ 100 billion over twenty years.

Pay for the green energy subsidies by taxing IMPORTED oil, on which we are dangerously dependent.

By subsidizing fossil fuels here, along with providing subsidies for highways, spreading our communities out ever more widely in sprawling suburbs, and discouraging rapid transit development almost everywhere the U.S. has made sure that oil producers would be enriched around the world for as long as the pumps were working.

It is unclear to me how oil subsidies and lack of tax breaks for an upstart renewable energy industry will help further these goals.

Regardless of what the Heritage Foundation thinks, the government can and does have a role to play... cut taxes on businesses and individuals who help us build a green future, conduct research or provide subsidies for private companies to do it, help people make their homes energy efficient, and educate, educate, educate the American people as to what's at stake if we don't pry ourselves away from the oil / coal / gas faucet.

But that link doesn't touch on the indirect subsidies known as the Gulf War I and II, the securing of the seas for oil transport, and the state department which spends a lot of its time placating foreign governments to insure a reliable supply of oil flows in our direction.

This ignorance leads to radio ads decrying NIMBYism as the only reason for disallowing offshore drilling, even while these rich landowners still don't allow any wind / solar where they can see, make up all sorts of lies about wind / solar, while bush refuses to give equal subsidies to «alternative» energy and refuses to tax windfall profits to oil companies, who break records year after year in profits...

The question of hidden, and not so hidden, subsidies for oil, as well as coal, keeps coming up in environmental debates.

For starters, we absolutely have to eliminate the estimated annual $ 37 billion in subsidies to the oil, gas, and coal companies, as Hanson suggests.

In my view (and I've seen energy and environment close up in every election since Pres. Nixon's rather revolutionary Environmental Message of the early 1970s == too bad there was that third rate break in to spoil his record) the tests for all the candidates will be whether they will substiture oil taxes for off - oil subsidies, carbon taxes to level the whole field, and then and only then decide where we need to push or pull a bit (like with the fuel economy standards, long over due, and boy will they take a long time to arrive in full force.)