Sentences with phrase «from subsidy cuts»

Low oil prices are taking a heavy toll on Saudi Arabia's economy, which is facing even greater austerity under deputy crown prince Mohammad bin Salman Al Saud's plans to raise $ 100 billion a year from subsidy cuts and new levies.

Not exact matches

Here's what Curry and the Globe shared from the conclusion of the final report on the focus groups: «When asked, there was strong support for the government offering subsidies to support innovation, rather than providing tax cuts or investments, particularly for smaller organizations,» states the final report summarizing the research.
That change would have raised revenue to help Republicans offset the losses from the massive rate cuts, and some proponents of it argued that the state and local tax deduction (known as «SALT») amounted to a federal subsidy of high - tax states.
Independents want cuts in government spending and entitlement reform, but just not those cuts and reforms in things like education and Medicare and various middle class subsidies from which they immediately benefit.
Most of it would come from rolling back corporate subsidies and the George W. Bush tax cuts, taxing employer - based health benefits that exceed the average plan, and imposing a hefty (60 cents per gallon) gasoline tax.
Hence, both the EU and the US claimed that such payments should be exempted from the agreed subsidy cuts.
The subsidies cut my bare bones insurance (which is all I really needed) to $ 80 a month from $ 240 a month.
The decision to take funding away from food stamps was made after Republicans on the Senate Agriculture Committee opposed initial efforts to offset the costs of the legislation by cutting conservation subsidies to farmers.
District 214 said it wants to cut itself loose from National School Lunch and the $ 900,000 subsidy it receives because most of its food service revenue comes from the a la carte menu, which sells things like pizza, fries and Subway sandwiches and generates $ 2.2 million.
That hasn't stopped the Conservatives from cutting renewables subsidies for solar PV installations though, so it's possible it will be insufficient to protect wind farms.
The price of what small sums will be given to Ukraine from the EU or, more likely the IMF, will be systemic reform — energy price rises, the ending of state subsidies for industries, and the cutting of state social benefits (among others), all of which will be politically catastrophic for whatever government introduces them.
Britain's biggest earners benefit from pension subsidies worth more than # 10bn a year while shopfloor workers are suffering steep cuts in their retirement incomes, according to the TUC.
The absence of the information about house movements on the back of the bedroom tax — called a «spare room subsidy» by the government — raises questions about arguments from ministers that the policy was designed to save money and free up existing stock to cut housing queues.
A federal judge hammered an attorney for California over the state's push for a court order immediately reinstating «Obamacare» subsidies cut off by the Trump administration, saying California and other states had protected consumers from the loss of the funding.
In terms of forgiven taxes, the de Blasio administration estimates that its proposal would cut the subsidy per unit to less than $ 400,000, from nearly $ 600,000, and double the number of affordable apartments created under the program to 25,000, from 12,400, over the coming decade.
Comments over the next few weeks will decide if the MTA cuts subsidies from their budget that now give students half - off or free Metro Cards to get to and from school.
Cutting the costs of solar, including modules and supporting systems, by half from $ 3.50 or more per watt currently would establish solar as a viable option without subsidies, experts agree.
The proposed cuts include $ 269.78 billion from energy programs, including $ 158.7 billion of fossil fuel subsidies; $ 167.09 billion of agricultural subsidies, including $ 89.82 billion of federal crop insurance disaster aid; $ 212.02 billion of transportation subsidies, including $ 125.80 billion of general revenue transfers to the Highway Trust Fund; $ 101.8 billion of federal flood, crop and nuclear insurance subsidies; and $ 24.99 billion from wasteful or environmental damaging public lands and water projects.
Global energy - related emissions could peak by 2020 if energy efficiency is improved; the construction of inefficient coal plants is banned; investment in renewables is increased to $ 400 billion in 2030 from $ 270 billion in 2014; methane emissions are cut in oil and gas production and fossil fuel subsidies are phased out by 2030.
Fossil fuel subsidies are being cut, from Saudi Arabia to India and Bahrain.
Those who make the cut will enter college - oriented programs with special benefits (custom - trained teachers, outside mentoring, international exchanges) and a subsidy from the district to cover any school fees.
Arnie Weissman, Editor - in - Chief of Travel Weekly, discusses Brand USA, the 171 to 1 return on investment for every dollar received from visa fees, and President Trump's proposed cut of its subsidy.
Denouncing the Ofili work among others as «sick stuff,» Rudolph W. Giuliani, then the mayor, threatened to cut off the city subsidy to the Brooklyn Museum, where the painting was featured in «Sensation: Young British Artists From the Saatchi Collection.»
In other words, if you agree that there is lots of energy at higher prices than those consistent with Hummers in every garage, and if you agree that political manipulation in almost every country (including the US) to keep prices down is hurting us more and more every day, and you note from ample literature, demonstrations, and at least a dozen European countries where energy use used both more efficiently and more carefully than in the US, you have to conclude that the forecasts of continued rapid growth in demand will be cut off at the pass, so to speak, by higher prices, drying up of subsidies, and above all more efficient and more careful energy use, fewer miles run and all that.
Their critics say their stance, however well intentioned, will produce the real delays, given how much can be done now simply by cutting energy waste with tools already on the shelf — ranging from strengthening efficiency standards to eliminating billions of dollars in persistent fossil - fuel subsidies that continue to make coal and oil much cheaper than they really are when all their hidden costs are revealed.
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.
German policymakers indicated last week that they planned to cut once - generous subsidies as much as 29 percent by the end of the month, on top of a 15 percent cut in January, although some details were still being negotiated after protests from the solar industry.
Belgium, France, and Japan from Seth Dunn, «King Coal's Weakening Grip on Power,» World Watch, September / October 1999, pp. 10 — 19; coal subsidy reduction in Germany from Robin Pomeroy, «EU Ministers Clear German Coal Subsidies,» Reuters, 10 June 2002; DOE, EIA, International Energy Annual 2005 (Washington, DC: June — October 2007), Table E. 4; Craig Whitlock, «German Hard - Coal Production to Cease by 2018,» Washington Post, 30 July 2007; China, Indonesia, and Nigeria subsidy cuts from GTZ Transport Policy Advisory Service, International Fuel Prices 2007 (Eschborn, Germany: April 2007), p. 3.
From 2011 to 2017 global investment in renewable energy was almost flat as countries cut their renewable subsidies.
The cost of annual federal fossil fuel production subsidies is equivalent to the projected 2018 budget cuts from Trump's proposals to slash 10 public programs and services that benefit some of the nation's most vulnerable children and families.
Thanks to increasing pressure to reduce carbon emissions and cut the use of foreign oil, biofuels - renewable, home - grown and marketed as less damaging than fossil fuels - have used corporate and political clout to win billions in subsidies from the US taxpayer.
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
The wind farm zealots are ranting up here too The Conservative govt has announced it's cutting onshore wind farm subsidies 1 year early — from 01 April 2016
As the IPCC emphasizes, climate change is a problem; but the report contains none of the media's typical apocalyptic scenarios, no alarmism, and no demands from natural scientists to cut emissions by X-percent or to lavish subsidies on solar panels.
Low - cost debt provided by the CTF helped cut the cost of power production and slashed the Moroccan government's power subsidy from $ 60 million to $ 20 million per year.
Along with representatives from the Environmental Defence Fund and the Prince of Wales» Corporate Leaders Group, Agency experts detailed how increased energy efficiency, phasing out least - efficient coal - fired power plants, investing more in renewables, ending fossil - fuel subsidies and cutting methane emissions can limit global warming to 2 degrees Celsius.
George Osborne demands massive cuts to windfarm subsidies PM's «greenest government ever» claim undermined by chancellor's move, which follows pressure from Tory MPs
This is far from being that obvious if we think of simplifying the tax scheme and patch loopholes, for instance by cutting absurd subsidies.
Ministers from both Scotland and Wales have said energy storage solutions are integral to the «future direction» of energy use in the UK as they warned against cuts to renewable energy subsidies.
Under the Large - Scale Renewable Energy Target, a further $ 45 to $ 55 billion will be transferred from power consumers to wind power outfits via the REC Tax / Subsidy over the next 17 years; depending on whether Ian «Macca» Macfarlane and his youthful ward, Gregory Hunt strike a deal with Labor to cut the ultimate annual target from 41,000 GWh to 33,000 GWh (see our post here).
Just like withdrawing from drugs, cutting subsidies hurts in the short term.
As for recent rioting in Nigeria resulting from attempts to cut fossil fuel subsidies, Birol said that these really, «highlight that reforms need to be implement gradually and included targeted assistance.»
Hence, if you want to change directions, you have to influence the politics — you have to work to prevent the Koch Brothers from destroying California renewable energy initiatives, you have to work to eliminate federal subsidies and liability caps for fossil fuel projects (which would mean that oil drillers would have to post $ 10 billion bonds for every deepwater project they initiated), and — for academic scientists — you have to lobby your academic administrators to cut their ties with shady fossil fuel interests like BP and Exxon, and work to open renewable energy research institutes at America's leading universities.
China cut its coal subsidy from $ 750 million in 1993 to $ 240 million in 1995.
Amy acts for a company in the solar industry in this group litigation in which multiple companies claim damages from DECC under the Human Rights Act 1998 arising from DECC's decision to cut subsidies in the renewable energy market.
This strategy protects most consumers from the impact of the federal government cutting off CSR funding, since it ultimately just results in larger premium subsidies (premium subsidies are based on the cost of the second - lowest - cost silver plan in each area, so as silver plan premiums rise, so do subsidies).
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