Sentences with phrase «fuel subsidies as»

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.
Today, Senator Bernie Sanders (I - VT) is unveiling a bill, the «End Polluter Welfare Act,» that would pretty much eliminate federal fossil fuel subsidies as we know them.
Many view the export ban and fossil fuel subsidies as anachronistic, but the intervening years have shown that as hard as it is to put policies in place, it may be even more difficult to change existing ones.
There has been much discussion of fossil fuel subsidies as both an inefficient use of public tax dollars and a barrier to the...
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.
Fishery subsidy value includes «bad» subsidies and fuel subsidies as estimated in Fisheries Center, University of British Columbia, Catching More Bait: A Bottom - Up Re-Estimation of Global Fisheries Subsidies (2nd Version)(Vancouver, BC: The Fisheries Center, 2006), p. 21.
Estimated based on the price - gap approach therefore understate total fossil - fuel subsidies as well as their impact on economic efficiency and trade.
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.

Not exact matches

She proposed generous measures including a freeze on fuel duty — a trademark of Osborne's — as well as cuts to air passenger taxes, and further childcare subsidies.
It also gradually phased out subsidies that kept retail fuel cheap, causing prices at the pump to climb by an average of nearly 25 % since 2014, even though global oil prices fell by as much as 75 % during that period.
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.
The progress India has made in cutting back costly government subsidies on items such as fuel is a prime example of the advances being made in structural reforms under Prime Minister Narendra Modi.
This will be exacerbated in coming months as the governments of Indonesia, Malaysia and Thailand have implemented reductions in 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.
With the government removing fuel subsidies and oil marketers refusing to sell diesel at pump prices, the cost of doing business in Nigeria is expected to double over the next three months especially as oil hits a benchmark price of $ 38 per barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-year.
Accelerate investment in renewables and end subsidies for any fuel that releases carbon into the air as breathe.
A former Chairman, House of Representatives Ad - hoc Committee on Fuel Subsidy, Mr. Farouk Lawan, on Tuesday appeared before a Federal Capital Territory High Court in Lugbe, as the Independent Corrupt Practices and other related offences Commission reopened its case of alleged bribery.
The NECA Scribe declared that the agency must tell the nation what it is presently spending on fuel subsidy, as it has assumed the sole importer of petrol once again.
Nigerians had thought, as we were promised, that if only the price of fuel is increased to N145 per litre, fuel subsidies will be removed, cabals will be eliminated permanently and fuel scarcity will never come up again.
Some of them also want to be seen as supporting the Federal Government by offering to pay for the fuel subsidy.
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 Nigeria.
In August that hole was plugged: The fuel Appel makes, known officially as renewable diesel, received a subsidy of $ 1 per gallon from the Energy Policy Act of 2005, which took effect in January.
Fossil fuel subsidies amount to hundreds of billions of dollars worldwide, and removing them has been held up as a key answer to climate change mitigation.
«Removing fossil fuel subsidies will not reduce CO2 emissions as much as hoped.»
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.
Sanders» campaign is describing him as a dramatically ambitious climate candidate who supports a carbon tax, opposes fracking and promises to eliminate fossil fuel subsidies.
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.
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.
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.
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.
Egyptians gather at a petrol station in Cairo as the government drastically raised fuel prices to tackle a bloated subsidy system on July 5.
A decreased «fuel» supply that takes longer to refill may not sound too flattering for a $ 29,600 - $ 37,000 car (before substantial potential subsidies), but while we're imagining, imagine the Leaf's «fuel» costs maybe one - fifth what you'd pay for gas — an energy source that's getting comparatively more expensive as years go by.
Re # 43, A «collosal political jump forward» would be for the US to strip all subsidies from the fossil fuel industry, and to strip all subsidies from fossil - fuel intensive agricultural industry as well (over $ 35 billion a year), and to deliver those subsidies to solar, wind, and carbon - neutral agricultural industries — as well as instituting a hefty carbon tax on all fossil fuels, and agreeing to strict emissions caps, and mandating energy efficient technology in all areas.
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..
By contrast, «alternative» fuels, other than nuclear, still depend on subsidies and mandates to get their foot in the door, except as trendy toys for people who can afford to pay more for less or in small - scale applications.
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.
As we're seeing with corn based ethanol, the amount of subsidy is based entirely on political considerations and not on whether the fuel provides a public good.
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.
As an aside, it's galling that these grants and subsidies are for fossil fuel technologies, where environmental extremists are bound to claim they support the fossil fuel industry, when, in fact, they are intended to bolster the EPA's war on fossil fuels.
We should phase out subsidies for corn ethanol as cellulose and other forms for making alternate fuels come on line.
The US and China will be key to the growth in PV, with the need for their governments to offer solar incentives as well as reducing subsidies for fossil fuels.
Now is the time to cut fossil fuel subsidies and implement a carbon tax, it argues, as the low oil price reduces the policies» effect on consumers.
Approaches to encourage the greater uptake of low - carbon energy - supply systems include reducing fossil fuel subsidies and stimulating front - runners in specific technologies through active government involvement in market creation (such as in Denmark for wind energy and Japan with solar photovoltaic (PV)-RRB-.
Intrinsic subsidies to fossil fuel would be large — one doubts anywhere near so small as the $ 500m figure — but also controversial.
The IEA estimates subsidies to fossil fuels that are consumed directly by end - users or consumed as inputs to electricity generation.
There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»
This applies equally to subsidies for fossil fuelsas is being pursued at the G20 meeting coming up and in the MDG..
The European Commission today announced new subsidies for fossil fuels, with nearly $ 200 million for gas projects, as part of a larger package of energy investments for 2018.
In December alone, Germany installed nearly as much solar capacity as the United States has in total, fueled by the subsidies that solar companies admit sometimes made it possible not to worry whether there was sufficient demand in a given area for the power they would produce.
Fossil fuel consumption subsidies in developing countries are welfare transfers that can be differentiated from subsidies in the name of commercializing or sustaining uneconomic energy sources such as on - grid wind or solar, which the United States and other industrialized countries have been subsidizing.
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