Sentences with phrase «fuel subsidy by»

#OccupyNigeria # was formed in 2012 by a group of middle class citizens in Nigeria to protest against removal of fuel subsidy by the Jonathan's administration.

You can advocate for a cleaner electricity grid, responsible natural gas production, and an end to fossil fuel subsidies by supporting leading nonprofit groups like 350.org.

The next step is obviously to move from commitment to action, by raising the level of ambition of the Paris pledges, phasing out fossil fuel subsidies by 2020 and providing support to those most vulnerable to climate change impacts.»

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.

But, the G7 nations met in May 2016, agreeing to end most «inefficient» fossil fuel subsidies by 2025.

The statement, signed by Aviva, Aegon NV, and MS Amlin, calls for governments to set «a clear timeline for the full and equitable phase - out by all G20 members of all fossil fuel subsidies by 2020.»

The USA recently proposed to the G20 to agree to redirect fossil fuel subsidies by 2020.

G7 leaders — major MDB shareholders — have committed to phase out inefficient fossil fuel subsidies by 2025 (G7 2016).

It was there that the leaders of the G7 countries committed to ending fossil fuel subsidies by 2025.

Not exact matches

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.

Limited fiscal headroom means the government is likely to cut remaining fuel subsidies but analysts expect authorities to soften the blow by targeting spending to low - income households.

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.

And, fueled by over $ 100 billion in subsidies, while wind and solar have increased 10-fold over a decade, they still supply, respectively, just 0.3 % and 2 % of America's energy.

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.

(Posted 24 December 2011) Significant current scandals, and those yet to come In no particular order Top salaries and bonuses - boardroom and shareholder individual responsibility The multiple between top and average pay Lawyers fees - the cost of the legal process Medical negligence claims against the NHS Care and treatment in the NHS «No win, no fee» personal injury compensation Democracy and the voting system Lords reform Political party funding The domestic energy market and pricing The Tax system and its inefficiencies and complexities Subsidies for new energy generation schemes The amount of crime fuelled by Drugs The availability of drugs in prison.

Both men were accused of collecting the money in April 2012 from Otedola in order to remove Otedola's companies» names from the list of firms indicted by the committee for allegedly abusing the fuel subsidy regime.

• President set to rely on legal advice OPPONENTS of fuel subsidy may have lost the battle, going by the government's plan to handle the combustible...

In fact, the bill Obama voted for raised taxes on oil companies by $ 300 million over 11 years while providing $ 5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuels.

The SURE - P scheme was set up by the then President Goodluck Jonathan administration following the part removal of fuel subsidy in 2012.

This include trillions squandered in fuel subsidy scam, billion Dasukigate scam, hundreds of millions of dollars taken from the NNPC by the former minister to bribe election officials in 2015, the list goes on.

Though the shelter population began to reach historic peaks before de Blasio took office — fueled, in part, by the end of the Advantage rental - subsidy program that stranded people trying to transition, or remain out of, the shelter system — the mayor got hounded (by some, more than others) for his apparent stumbling with the issue.

• Governors» proposal, not practicable, says NLC Niyi Odebode, Adelani Adepegba, Ifeanyi Onuba, Okechukwu Nnodim and Olaleye Aluko The Nigeria Labour Congress and civil rights groups, including the Campaign for Democracy, have faulted a proposal by state governors to take over payment of fuel subsidy, saying it is not a solution to the fraud that has -LSB-...]

The wind energy industry, where Britain could be a world leader, has been thrown into disarray by a published letter to Cameron calling on him to withdraw subsidies to renewable sources of energy and stick with nuclear and fossil fuels,

The Nigeria Labour Congress and civil rights groups, including the Campaign for Democracy, have faulted a proposal by state governors to take over payment of fuel subsidy, saying it is not a solution to the fraud that has characterised the payment.

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.

CACOL and the CD said the state governments misplaced their priorities by asking to pay for the fuel subsidy.

President Goodluck Jonathan has re-assured Nigerians that those indicted by the House of Representatives ad hoc Committee on Fuel subsidy's report would be prosecuted.

Eliminating fossil fuel subsidies would slash global carbon emission by 20 percent and raise government revenue by 2.9 trillion, well over the funds needed for intelligent policy and action on climate adaptation.»

Moreover, the authors suggest that states that provide subsidies to uneconomical nuclear reactors within their borders could also play a constructive role by making those subsidies available only for plants that agreed to carry out expedited transfer of spent fuel.

But by putting the targets into law and mandating a set of regulations — including requiring 35 percent of the country's electricity to come from clean sources by 2024; establishing a voluntary carbon market; developing incentives to promote renewable energy; phasing out fossil fuel subsidies; and forcing companies in the largest carbon polluting sectors to report their emissions — they said the results could be groundbreaking.

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.

Increase biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug ‐ in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recovery

Efforts to drastically slash automobile emissions and fuel use within 40 years don't stand a chance without subsidies, technology improvements and more stringent government standards, according to a report by a panel of experts released Monday.

$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.

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.

Eliminating global energy subsidies could reduce deaths related to fossil - fuel emissions by over 50 percent and fossil - fuel related carbon emissions by over 20 percent.

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.

Assuming you believe in economic efficiency and a free market, you should be advocating a reduction in subsidies to energy companies for production of electricity by nuclear and fossil - fueled plants.

Decisions by the Syrian government to withdraw food and fuel subsidies made food even less affordable.

The Communiqué calls on the international community to increase efforts to phase out perverse subsidies to fossil fuels by promoting policy transparency, ambitious reform and targeted support for the poorest.

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.

The advantage of subsidy reform are significant and varied: appropriate energy prices would reduce global carbon emissions in 2013 by 21 % and fuel - related air pollution deaths by 55 %, while simultaneously boosting extra revenue of 4 % of global GDP and increasing social welfare by 2.2 % of global GDP.

We could start by phasing out all subsidies for the production of fossil fuels and ethanol.

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.

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.

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.

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.

Let's see if the next President (likely to be Obama) is willing to reduce the estimated $ 37 billion in tax subsidies enjoyed by the fossil fuel companies.