Sentences with phrase «fuel subsidies through»

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The Executive Director of the Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, says government needs to consider scrapping the subsidy on premix fuel, since such monies are only ending in private pockets through the diversion of the commodity meant for the country's fisher - folk.

They support the phasing out of fossil fuel subsidies in the «medium term» and pledge a huge boost to renewable energy, including through a new $ 2 billion «Low Carbon Economy Trust» to fund clean energy projects.

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.

I think the way it works right now is on April 15th we pay for other people to lavishly emit GHGs through subsidies & tax breaks to fossil fuels.

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-.

Moreover, they drive climate change by encouraging the consumption of polluting fuels while tilting the playing field against renewable power and energy efficiency: Fossil - fuel subsidies are five times greater than renewable energy subsidies, and they inflate domestic demand and discourage energy efficiency through artificially low energy prices, undermining the energy security of fossil - fuel importing countries.

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

It's likely the first of many such deals by Claudia Cattaneo You know Canadian competitiveness is in big trouble when even investors in renewable energy — favoured by Canadian governments through subsidies, plus carbon taxes and regulatory overload on competing fossil - fuel energy — are leaving because they like lower U.S. taxes even more.

On that basis, subsidies for solar power are > 1000 times higher than for fossil fuels, > 200 times more than for nuclear and can't even provide power through the night.

A report published in September by Climate Action Network Europe and ODI identified 87 subsidies and support measures and estimated the total support to fossil fuel production, including through fiscal support and public finance, was nearly EUR 36 billion a year between 2014 and 2016.

A Pan-Asian Energy Infrastructure would use fiscal policy (through carbon pricing and eliminating fossil fuel subsidies) to fund ocordinated infrastructure investment (through multilateral cooperation) resulting in more open markets (through increased cross-border energy trade) resulting in lower prices (through heightened competition).

Huge money flows into politics are now spent by fossil fuel magnates to keep profits high through subsidy flows and unpriced carbon.

Dec. 2017: CARB approves a Final 2030 Scoping Plan with the fossil fuel - friendly cap - and - trade program as a centerpiece, confirming potential for provision of several billions of dollars» worth of subsidies to the California petrochemical refinery sector through 2030.

The U.S. government is providing extensive support for fossil fuel production on public lands and waters offshore, through a combination of direct subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the industry, a new report released today finds.

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.

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.

I begin with this, because if fossil fuels are not highly subsidized, either through direct subsidies or failure to require polluter to pay, there are no market distortions that need to be addressed.

As more and more companies, organizations and governments align themselves behind a clean energy transition, the political forces that have maintained the status quo through supporting fossil fuel subsidies and funding climate denial become increasingly marginalized.

This report is about exposing the G20 government use of public owned money (collected through taxation) on subsidies for fossil fuel energy production, which is mostly propping up the income of privatised power producing infrastructure using or mining of fossil fuels, both of which are inherently filthy industries.