Fossil -
fuel subsidies impose a significant economic and environmental burden around the world, distorting markets and draining national budgets.
Not exact matches
Kuwait's plan to
impose corporate taxes and cut
fuel subsidies to reduce the OPEC member's reliance on oil faces a familiar obstacle: a parliament that has resisted previous attempts to Continue Reading
He also continued on the theme of reforming fossil
fuel subsidies, so that the cost of fossil
fuels can «better reflect the costs they
impose on taxpayers and our planet», and investing in the clean technology of the future, particularly in the coal states that could suffer as their power plants shut down.
Morris also suggests an additional target: Phase out implicit fossil
fuel subsidies by
imposing energy taxes that reflect external costs, which has benefits 8 times their costs.
Besides the EPA regulations attempting to
impose the substitution of «green» energy for fossil
fuels, the one constant has been the demand for government and ratepayer
subsidies for all these schemes.