Sentences with phrase «fuel subsidies from governments»

According to the International Energy Agency, fossil fuel subsidies from the government are 12 times greater than renewable energy.

Not exact matches

Unfortunately, however, government resources are actually flowing the other way: according to a report from the U.S. - based National Resources Defense Council, since 2009, global subsidies for fossil fuels have almost tripled to an estimated US$ 775 billion this year.

Over the past couple of years, Emirates» expansion into the US market has been met with pushback from a coalition lead by American, Delta, and United Airlines (the US3) that claim Emirates» growth has been fueled billions of dollars in government subsidies.

Now 50 % of the country takes some kind of help from the government, whether it's fuel oil assistance, food stamps, or some subsidy.

Justice Agbim noted that «the fuel subsidy fraud involved corruption and fraud on a very massive scale»; that it involved many oil companies and officials of government's regulatory agencies «looting and stealing of trillions of naira from the Federal Government of Nigeria and threatening the security and economy of Nigergovernment's regulatory agencies «looting and stealing of trillions of naira from the Federal Government of Nigeria and threatening the security and economy of NigerGovernment of Nigeria and threatening the security and economy of Nigeria.»

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.

Suffice to say that when you factor in all of the government subsidies and «externalities» (increased health costs from respiratory sickness, environmental degradation, etc; the stuff that we all have to pay for maybe not from our wallets but in our tax returns), the true price of fossil fuels is much, much higher than any individual or company pays.

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.»

[3] The Indonesian government is planning to boost domestic use of biofuel including from palm oil, with extra subsidies and a mandatory target of 15 % biofuel blended into diesel fuel.

Iran leads the world in fossil fuel consumption subsidies providing $ 78 billion from its government resources in 2014 to lower the cost of fossil fuels to end - users in its country.

The government has been clear about its intention to invest 60 percent of the $ 18 billion that it will reap annually from fossil - fuel subsidy reform into much - needed infrastructure programs.

After the government ended the fuel subsidies, prices for gasoline and other goods more than doubled, with gasoline jumping from $ 1.70 per gallon to $ 3.50 per gallon.

With lower EREI, some types of fossil fuels may be already draining resources from other parts of society through government's subsidies.

For every # 1 a business spends on fuel, it gets # 1.60 in subsidies from the government.

The developments are likely to fuel concerns among the many environmental campaigners who oppose nuclear power that the industry has unfair access to the government, as well as benefiting from hidden subsidies.

Savings made by governments from removing subsidies to fossil fuels can be redirected or swapped to help fund a clean and just energy transition.»

Decreasing or eliminating government subsidies to fossil fuels, which total $ 300 billion annually worldwide, can move the energy economy away from heavy reliance on carbon - intensive fossil fuels.

But climate campaigners are calling for a ban on all NEW fossil fuel extraction projects, and it is the new projects that receive the heaviest subsidies from state governments.

Last year, Simi Valley Landfill entered what is becoming a fast - growing business of transforming fetid odors from decaying trash into fuel, a feat made possible by the miracles of modern chemistry and government subsidies.

To go to scale, government is going to have to lead: loan guarantees for poor people, taking subsidies away from fossil fuels, making sure that when homeowners feed lowcarbon energy into the grid they get a good price from utilities.

Faced with dwindling profits from oil exports and a fiscal deficit, the government was forced to slash fuel subsidies in May 2008 — which at the time consumed 15 % of GDP.

Government subsidies to fossil fuels reached $ 523 billion in 2011, up almost 27 % from 2010, according to the latest data available from the International Energy Agency (IEA).

They include everything from direct subsidies to tax loopholes and government spending on infrastructure on which fossil fuel industries depend.

Fossil - fuelled electricity generation is profitable today thanks to past subsidies from government.