Sentences with phrase «fuel subsidy reforms»

The study sets out a series of policy recommendations for both countries, and concludes that governments should not limit fuel subsidy reforms to technical measures.

On the opening day of the UN Conference on Climate Change (COP21), New Zealand Prime Minister John Key formally presented the Fossil Fuel Subsidy Reform Communiqué to Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), on behalf of the Friends of Fossil Fuel Subsidy Reform, The Prince of Wales's Corporate Leaders Group and other supporters of the Communiqué.

Close to 40 countries have endorsed the Fossil Fuel Subsidy Reform Communiqué, including Canada, Chile, France, Germany, Italy, Malaysia, Mexico, Morocco, Peru, the Netherlands, the Philippines, Samoa, the United Kingdom, the United States, Uganda and Uruguay.

Fossil fuel subsidy reform has been an important policy agenda ever since the December 2015 Paris Agreement.

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.

«The side event shed light on actions taken by different countries regarding carbon pricing and fossil fuel subsidy reform measures and tools, and how such efforts need to be further reinforced to address fossil fuel subsidies.»

- Energy Collective: From C20 to the G20: What We Need on Carbon Pricing and Fossil Fuel Subsidy Reform.

The level of denial exhibited in this report is extremely damaging to the efforts of fossil fuel subsidy reform, especially since the German government had been so vocal in advocating for effective carbon pricing and ending subsidies.

There will be a number of events focused on fossil fuel subsidy reform during COP 23 in Bonn.

Some of the policy instruments that economists have long espoused, but politicians feared — carbon pricing and fossil fuel subsidy reform — are being implemented successfully around the world.

Partner Country Series - Fossil Fuel Subsidy Reform in Mexico and Indonesia Overview of fuel subsidies with focus on transport fuels in Indonesia and electricity in Mexico

Not exact matches

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.

Domestically, he moved forward on introducing land and labour reforms, and with the drop in crude oil prices, he has been able to reduce fuel subsidies.

(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.

Less commonly, countries spoke of reducing the use of inefficient coal - fired power plants, lowering methane emissions from oil and gas production, reforming fossil fuel subsidies, and carbon pricing, the report says.

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.

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.

, looks at the economic and environmental benefits of reforming fossil fuel subsidies, concentrating on consumer prices, environmental costs, and overall taxes.

Although the economic argument for fossil fuel subsidies may seem apparent, reform has been challenging.

In addition to the work in the World Energy Outlook, the IEA has provided input to the G - 20 and APEC since 2009, when G20 leaders took a major step toward reforming energy subsidies and committed to «rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption», the IEA has provided input to the G - 20 and APEC in support of their commitments.

In 2012, Nigeria attempted to reform its subsidies for transportation fuels, which cost the government $ 8 billion per year.

The FFS Civil Society Organisation (CSO) Network is an international peer to peer email list for sharing information on fossil fuel subsidies and their reform.

To capture all of these benefits, however, countries must act now to reform fossil - fuel subsidies.

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.

Based on this study, countries already undergoing energy reforms (like Bangladesh, Indonesia, Morocco and Zambia) would especially benefit from SWAPs — the transfer of funds that normally go towards fossil fuel subsidies into sustainable energy investment, such as renewable energy and energy efficiency.

Over recent years, Indonesia's fuel and electricity subsidy reforms have made the country a leader in progress towards this commitment.

IISD along with 37 other groups wrote to the Government of Canada to press upon» «the importance of fulfilling its commitments to the G7 and G20 to reform and phase out fossil fuel subsidies in Canada over the medium term.»

As part of the Nordic Clean Energy Week, this event will discuss the potential for reform of fossil fuel subsidies and reallocation of a proportion of the savings to fund the transition to clean energy.

Members of the EU Parliament's energy committee have supported reform of energy markets to restrict subsidies for dirty fossil fuel power plants, but failed to reject new gas infrastructure, in two important votes on climate and energy today.

A coalition of 12 World Trade Organization Members is urging the WTO today to advance the discussion on fossil fuel subsidies, asking for transparency and reform of inefficient fossil fuel subsidies that encourage wasteful consumption.

These economic reforms can and should include carbon pricing, creating more liquid and fungible energy markets arbitrated by price, dispatch and carbon and eliminated subsidies for fossil fuels.

The report also presents a Subsidy Reform Case, which assumes complete removal of fossil fuel subsidies in APEC by 2025, in order to see the impact of subsidy reform on the regional energy demand and CO2 emiSubsidy Reform Case, which assumes complete removal of fossil fuel subsidies in APEC by 2025, in order to see the impact of subsidy reform on the regional energy demand and CO2 emisReform Case, which assumes complete removal of fossil fuel subsidies in APEC by 2025, in order to see the impact of subsidy reform on the regional energy demand and CO2 emisubsidy reform on the regional energy demand and CO2 emisreform on the regional energy demand and CO2 emissions.

In an effort to provide guidance for APEC economies to implement subsidy reform further, this report provides an updated status of fossil fuel subsidies in APEC economies, tracking major recent subsidy reforms made in APEC economies, estimating value of fossil fuel subsidies in the region to identify where the challenge remains to further reform subsidies.

Reforming fossil fuel subsidies is never an easy task, with great political sensitivity attached to changing energy prices that can affect people's daily life.

An ambitious set of policy measures, including the rapid phase out of fossil fuel subsidies, CO2 prices rising to unprecedented levels, extensive energy market reforms, and stringent low - carbon and energy efficiency mandates would be needed to achieve this transition.

The authors then quantify what benefits would be achieved if the fossil fuel subsidies were reformed.

Can the international trade system reform fossil fuel subsidies to relieve costs, reduce pollution, improve energy security and tackle climate change?

As for recent rioting in Nigeria resulting from attempts to cut fossil fuel subsidies, Birol said that these really, «highlight that reforms need to be implement gradually and included targeted assistance.»

So fossil fuel reform seems to be a case of simple political will: government can use other forms of subsidy to ensure social cohesion, companies want a free market, and politicians — certainly the ones with loud voices in the USA — want government out of the subsidy business.

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.

Drawing on its global experience and extensive analysis of fossil fuel subsidies, the International Energy Agency (IEA) undertook this in - depth look at reforms of fossil fuel subsidies in Mexico and Indonesia.

Congress should first reform its suite of deployment subsidies to «better drive and reward innovation» so that clean tech segments can become cost - competitive with fossil fuels without subsidy «as soon as possible,» Jenkins said.