Sentences with phrase «fossil fuel subsidies at»

Many countries have turned to fossil fuel subsidies at some point or another to reduce energy costs in order to cut transportation bills, prop up industries, or finance household electrification, particularly for the poorest families.

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.

Not exact matches

In September 2016, the G20 countries re-affirmed their 2009 commitment (at the G20 Leaders» Summit) to phase out fossil fuel subsidies and many national governments are using today's low oil prices as an opportunity to do so.

, looks at the economic and environmental benefits of reforming fossil fuel subsidies, concentrating on consumer prices, environmental costs, and overall taxes.

Fossil fuel interests are using their clout at the White House and in Congress to sabotage every renewable energy program that comes along, while make sure massive government subsidies, on the order of $ 100 billion a year when you count it all up, continue to flow to the fossil fuel industry (U.S. military expenditures are $ 500 billion a year, and good chunk of that is devoted to protecting overseas oilfields, for exaFossil fuel interests are using their clout at the White House and in Congress to sabotage every renewable energy program that comes along, while make sure massive government subsidies, on the order of $ 100 billion a year when you count it all up, continue to flow to the fossil fuel industry (U.S. military expenditures are $ 500 billion a year, and good chunk of that is devoted to protecting overseas oilfields, for exafossil fuel industry (U.S. military expenditures are $ 500 billion a year, and good chunk of that is devoted to protecting overseas oilfields, for example).

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.

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.

Besides I want to the CO2 level to be at least 500 PPM and believe subsidies should be used if necessary to ensure sufficient fossil fuel is burned Without more CO2 my muskmelons won't grow as big as I want.

This applies equally to subsidies for fossil fuels — as is being pursued at the G20 meeting coming up and in the MDG..

The value of global fossil - fuel consumption subsidies in 2016 is estimated at around USD 260 billion, lower than the estimate for 2015, which was close to USD 310 billion.

My own research shows that, even taking the OECD's analysis at face value, when we compare the «subsidies» given to green and brown sectors on a unit - for - unit basis, the renewable sector enjoys thirteen times the subsidy that the fossil fuel sector received.

Indonesia and Egypt ranked sixth and seventh, respectively, both funding at least $ 23 billion in fossil fuel consumption subsidies.

The analysis performed by the World Energy Outlook is aimed at demonstrating the impact of fossil - fuel subsidy removal for energy markets, climate change and government budgets.

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.

Such policies would encourage economic growth as the foundation for a cleaner environment, responsible development and use of fossil fuels until superior energy sources are found, and repeal of many of the regulations, subsidies, and taxes passed at the height of the man - made global warming scare.

«Campaigners call for an end to fossil fuel finance and subsidies to avoid dangerous global warming at a meeting to mark two years since the signing of the landmark agreement.»

Only the perpetuation of heavy state subsidies — estimated by the IEA at more than half a trillion dollars a year — has maintained the primacy of fossil fuels.

Renewable Energy World For at least the last 40 years, since the oil shocks in the 1970s, dealing with fossil fuel subsidies has been on the international agenda.

Fossil fuel subsidies are currently estimated at several hundred billion dollars per year, and counteract attempts to decarbonize the energy and transport system and the economy.

Green Budget Germany, who recently released a report estimating the German energy - related subsidies to fossil fuel production and consumption at EUR 46 billion, expressed disappointment at the government yet another time failing to disclose energy subsidies that are harmful to the climate.

Meanwhile, natural gas, at 20 % of global fossil fuel reserves, offers the largest - scale, economic - without - subsidies substitute for either coal or oil.

Global subsidies for fossil fuels have returned to levels not seen since before the financial crisis in 2008, estimated at $ 523 billion to $ 1.9 trillion, according to a new report.

According to the International Monetary Fund, when you factor in implicit subsidies from the failure to charge for pollution, climate change and other externalities, the post-tax cost of support for fossil fuels comes in at close to $ 2 trillion each year.

«At a time when scientists tell us we need to reduce carbon pollution to prevent catastrophic climate change, it is absurd to provide massive taxpayer subsidies that pad fossil - fuel companies» already enormous profits,» said senator Bernie Sanders, who announced on 30 April he is running for president.

Global subsidies to both consumers and producers of fossil fuels are reported at USD 425 billion in 2015.

Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years

At the G20 summit in Hangzhou on September 4 and 5, 2016, the United States pressed the leaders of major global economies to outline specific plans to phase out most fossil fuel subsidies.

Nicolas Derobert Communications Coordinator Focus: fossil fuel subsidies, coal phase out nicolas / at / caneurope.org Work: [phone] Mobile: [phone]

A recent IMF paper put the magnitude of subsidies for fossil fuel energy sources at $ 5.3 trillion worldwide in 2015, including both direct fiscal costs and implicit subsidies from the failure to charge for environmental damages or tax energy at the same rate as other consumption products.

Musk spoke at the World Energy Innovation Forum, held at the Tesla factory in Fremont, California, when he said, «The fundamental issue with fossil fuels is that every use comes with a subsidy.

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.

Markus Trilling, finance and subsidies policy coordinator at Climate Action Network (CAN) Europe, said: «The current approach of the European Parliament to the future EU budget is clearly pointed in the right direction as it recognises how vital it is to make all EU spending work for the climate and to end any support for fossil fuels.»

So to pull the curtain back a little: The IMF thinks that a failure to add an additional layer of tax on gasoline and diesel amounts to a subsidy to fossil fuel companies, while at the same time ignoring the taxes that are currently collected at the pump.

Today, Oil Change International released a comprehensive report on fossil fuel exploration and production subsidies in the U.S. — Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, andfossil fuel exploration and production subsidies in the U.S. — Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, and cfuel exploration and production subsidies in the U.S. — Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, subsidies in the U.S. — Cashing in on All of the Above: U.S. Fossil Fuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, andFossil Fuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, and cFuel Production Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, Subsidies under Obama — which demonstrates that at a time when we need urgent action on climate change more than ever, the U.S. government is channeling huge and growing amounts of money to increasing discovery and production of oil, gas, and coal.

(While sustainably generated electricity is sold at a higher price than fossil fuel generated electricity — and this is a form of subsidy — it does not receive the numerous hidden subsidies that fossil fuel power gets.)

Dr Birol also held meetings at the Ministry of Foreign Affairs and Trade, the Ministry of Environment and with New Zealand's Climate Change Ambassador, where the IEA and New Zealand agreed on the need to support global policy advice and quantitative analysis for the phase out of fossil fuel subsidies and the energy transition, both through bilateral collaboration and multilateral fora, such as APEC, the WTO and the G20.

The federal coal leasing program amounts to a major fossil fuel subsidy, favoring coal at the expense of cleaner forms of generating electricity.A recent federal court ruling rejected BLM's argument that increasing the supply of coal would not increase carbon pollution, in part because coal competes with cleaner methods of generating electricity.

Accelerating research and development of renewable energy and energy efficiency, phasing out fossil - fuel subsidies and progressively putting an explicit price on carbon pollution were all key objectives agreed upon at the conference.

The federal coal leasing program amounts to a major fossil fuel subsidy, favoring coal at the expense of cleaner forms of generating electricity.

Compared to existing New Jersey state subsidies for solar at fifty times this amount per megawatt - hour, the proposed help for nuclear plants would provide outstanding environmental protection value while paying for itself through lower fossil fuel bills and retained in - state jobs and tax revenue.

Authoritative sources such as EarthTrack have placed the fossil fuel industry's tax and fiscal subsidies at around $ 25 billion a year, a figure that pales beside the roughly $ 1,000 billion (one trillion dollars) paid annually for coal, oil and natural gas burned in the U.S. Do the math: withdrawing those subsidies would lead to at most a 2 - 3 percent rise in the market prices of fossil fuels — scant incentive to reduce their use and concomitant emissions of CO2.

I bet getting rid of the $ 5.3 trillion fossil fuel subsidy would be popular too (look at the divestment movement for proof of mass resistance to fossil fuels).

A 3 % discount factor with an hypothesis of $ 250 bn annualy has in fact a $ 8 trillion dollar policy cost (fared in todays dollar value) and not $ 20 trillion over 87 years; (ii) I would assume, with great certainty, that the cost of the policy will not remain at $ 250 bn (in 2013 $) in the coming 87 years: government feed in tarifs and green certificate subsidies will become less and less expensive with renewable energy prices matching fossil fuel energy prices in the coming decades.

In the 4 years before the enforcement of the fund, and 8 years after it, developed country parties haven't even committed to providing 0.0005 % of the total energy subsidies paired with negative impacts of fossil fuel, which is estimated at $ 2 trillion annually.

As the authors note, «Free marketeers, small government advocates, and others who dislike distorting government subsidies should be appalled at the tax money poured into fossil fuels.»

(For fossil fuels, tax assessed preferably at the mine or well, to reduce paperwork and make enforcement efficient (as opposed to the exhaust pipe)-- but then a compensating credit for fossil C used in materials unlikely to be oxidized, etc, with compensating tariff / subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRB-.

Moreover, I would suggest that those of us in «the electorate» who are well - informed about this issue are well aware that changes in public policy — including putting a price on carbon pollution, directly regulating GHG emissions, and providing effective support for the development and deployment of efficiency and renewable energy technologies on a scale at least comparable to the subsidies that fossil fuels have received for a century — are far more effective than the options that any individual can currently choose, and are in fact crucial to making more such options available to all of us.

If you look at the total cumulative subsidies to fossil fuels and nuclear power over the last 50 - 100 years, it's another story.

The results were an interesting peak at the involved society's state of mind and interests (or perhaps a pat in the back for those behind the #EndFossilFuelSubsidies campaign): 66.1 % of voters chose «Take concrete steps to eliminate fossil fuel subsidies» among their options, with all the other measures not raising above 35 % in popularity.

Since reducing GHGs, if done smartly, also saves money without reducing productivity, then there's really no excuse not to vigoroously pursue such strategies — rather than continue subsidies to fossil fuels (which we pay for April 15th, if not at the pump or on our utility bills, or at least we pan costs & eco-harms off to future generations).