Sentences with phrase «fossil fuel subsidies»

An integral part of this should be the removal of fossil fuel subsidies.

• How will current world leaders continue in power while eliminating fossil fuel subsidies, which have transition costs in addition to political opposition?

This is a tiny fraction of what is being spent on fossil fuel subsidies worldwide.

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

Cut fossil fuel subsidies to provide a level playing field?

These findings should be of interest to policy makers considering or implementing reforms to fossil fuel subsidies as well as readers following developments in global and regional energy markets.

Reducing fossil fuel subsidies has been difficult, as it meets resistance by vested interests.

Local produce would be competitive if not for fossil fuel subsidies and the fact that climate change damages and costs, due to fossil fuels, are also borne by the public.

The figure below shows the change in global fossil fuel subsidies between 2009 and 2015.

First and foremost, he said fossil fuel subsidies «have to go».

The first thing you can do is eliminating the existing harmful subsidies, especially fossil fuel subsidies, which was voted as the number one issue during the civil society dialogue.

We need to assess fossil fuel subsidies and energy return on energy invested together.

There are some new reports due out on the topic of fossil fuel subsidies though.

Despite fossil fuel subsidies, wind, solar and hydrogen power have become a viable alternative to oil.

The most important of the three is eliminating the current $ 5.3 trillion of annual world fossil fuel subsidies.

Sounds like a sensible goal, but there's reason to think that eliminating fossil fuel subsidies wouldn't be nearly as transformative as is often suggested.

The elimination of fossil fuel subsidies was one, as was the expansion of social protection programmes, a huge expansion of the global network of protected marine areas, etc..

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.

I have one question though about your figures for fossil fuel subsidies.

There will be a number of events focused on fossil fuel subsidy reform during COP 23 in Bonn.

G7 leaders — major MDB shareholders — have committed to phase out inefficient fossil fuel subsidies by 2025 (G7 2016).

This is a true stab at ending fossil fuel subsidies in full.

«Current subsidies to fossil fuel subsidies from governments are worth around half the funding needed to bridge the global energy access gap, double renewable energy and energy efficiency rates by 2030,» said Laura Merrill, Senior Researcher and Operations Manager with IISD.

'' study published by the Environmental Law Institute in September 2009 cites about $ 72 billion in fossil fuels subsidies over the seven years ripe for budget cuts.

This failure to consider the real - world effects of fossil fuel subsidies at the national level shows up not only in the IIASA study's findings, but also in some of the commentary from the authors that surrounded its release.

A new report from the Nordic Council of Ministers finds that redirecting fossil fuel subsidies toward the clean energy transition could help climate vulnerable countries reap major savings while slashing greenhouse gas emissions.

What we know from reading the actual findings of this study, as well as several other analyses on 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 save money, and could free up financial resources to help the poorest and most vulnerable.

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 Production

According to the International Energy Agency (IEA) fossil fuel subsidies rose by nearly $ 100 billion in the last year alone, from $ 312 billion in 2009 to $ 409 billion in 2010.

Like stopping fossil fuel subsidies and increasing clean safe renewable energy subsidies and guaranteeing them for 10 years?

Hakima El Haite, Environment Minister of Morocco, candidate for the presidency of COP22, said: «Not only do fossil fuel subsidies put a strain on government coffers but they also don't help the poorest of society.»

In 3 legislative files currently negotiated in Brussels the European Parliament progressed on financing matters: reporting on Fossil Fuel Subsidies phase - out; the linking the EU budget comes to national climate ambitions; a climate impact assessment tool for EU investments; and a 40 % climate earmarking target for the Juncker Investment Plan.

While the ongoing Fijian COP23 in Bonn and the coalition negotiations in Berlin capture media and public attention, Germany quietly released a self - review of their own fossil fuel subsidies as part of the G20 peer review process.

The USA recently proposed to the G20 to agree to redirect fossil fuel subsidies by 2020.

Worldwide, fossil fuel subsidies topped $ 620 billion in 2011, while renewable energy received just $ 88 billion in subsidies.

On the other side, the agency predicts that by 2035, renewable subsidies will jump by four times hitting $ 250 billion annually, though this is still well below current fossil fuel subsidies at $ 409 billion.

This study shows the scale of the problem with the EU providing an annual average of $ 4bn in fossil fuel subsidies through its budget, development and investment banks and funds.

Although there are uncertainties in reserves and resources, ongoing fossil fuel subsidies and continuing technological advances ensure that more and more of these fuels will be economically recoverable.

Most recently, World Bank president Jim Yong Kim emphasized that «we need to get rid of fossil fuel subsidies now» in his agenda for promoting clean energy.

Later this week, I will work with my colleagues at the G - 20 to phase out fossil fuel subsidies so that we can better address our climate challenge.

The Obama Administration's self - assessment identified $ 8.2 billion in U.S. fossil fuel subsidies / incentives, categorizing $ 4.8 billion as inefficient.