Sentences with phrase «gas tax breaks»

«Whether it's getting rid of high - risk energy loan guarantees, reining in wasteful crop insurance or ending lucrative oil and gas tax breaks, eliminating wasteful spending that harms the environment just makes sense.»

Oil and gas tax breaks cost about $ 2 billion a year, but they are among the most durable tax breaks in the code.

Not exact matches

Efforts to curtail the tax breaks are likely to face fierce opposition in Congress; the oil and natural gas industry has spent $ 340 million on lobbyists since 2008, according to the nonpartisan Center for Responsive Politics, which monitors political spending.

The government will also give LNG Canada and other large emitters a break on carbon taxes, if they can meet strict new benchmarks for reducing greenhouse gas emissions, and will aggressively pursue electrification of natural gas fields.

Obama wants to do away with corporate tax benefits like oil and natural gas industry subsidies, special breaks for the purchase of private jets and certain corporate tax shelters.

The coalition has made the exploitation of Britain's unconventional gas reserves a top priority, offering tax breaks to shale developers and promising big benefits to communities that host shale drillers.

«Gas and electricity companies have attempted to make «completely unacceptable» claims for nearly # 1billion in tax breaks they should not be entitled to, George Osborne said.

Assemblyman Jim Tedisco (R,C,I - Glenville) today says two water main breaks in Rotterdam and a sewer break in Amsterdam underscore the continued urgent need for a new state program to repair and maintain vital local drinking water, sewer, storm water management and gas line infrastructure to protect lives, secure the viability of roads and bridges aboveground, and save tax dollars.

A new campaign finance report reveals that some oil and gas companies that got a special tax break from the GOP tax bill donated to the House's top tax writer, even as Congress was finalizing the legislation.

Replicating the success of the CHIPS program on the state level to allow local governments to S.W.A.P. - out deteriorating drinking water, storm water, gas lines and sanitary sewer infrastructure makes sense because an ounce of prevention now can save tax dollars later and prevent costly breaks.»

The proposal includes a $ 55 gas and sales tax refund to taxpayers, and tax breaks for retired teachers, as well as the expansion of rental subsidies for seniors, housing for homeless veterans and an expansion of early childhood education.

The Conservatives have a poor record on the environment in office, launching a dash for fossil fuels including massive tax breaks for fracking and North Sea oil and gas.

Schumer said Senate Democrats have proposed paying for the initiative by eliminating tax breaks for oil and gas companies, and instituting a minimum tax rate of 30 percent on those earning more than $ 1 million per year.

Fossil fuel industries collect some $ 4 billion a year in tax breaks and other aid, reports Taxpayers for Common Sense, a group of nonpartisan budget watchdogs — and that figure doesn't even take into account hidden forms of support, such as the Pentagon's jet aircraft research and development that led to efficient new natural gas turbines.

A Japanese tax break on small, gas - sipping cars has also helped the ASX.

The easiest way to do this is with budgeting software that lets you break everything into groups like groceries, gas, mortgage payments, credit card, vacation, taxes, and more.

Still, people have been saying for a long time that we need a higher gas tax to pay for our crumbling infrastructure, and the recent nose - dive in oil prices might provide the perfect opportunity to phase in a higher tax rate without breaking anyone's bank.

Once you break the discipline of having every penny of the tax go back to the taxpayer immediately through the payroll tax reduction, you've turned the gas tax into a slush fund where politicians pick winners and losers, play favorites and dole out patronage.

Production of oil, coal and natural gas is subsidized with tax breaks for reasons both practical and political.

This article would be more informative if it listed the specific tax breaks for coal, oil, gas and nuclear, and provided a dollar amount for each.

It is stupid to get rid of tax breaks for DOMESTIC oil and gas production.

After earning a record - breaking $ 36.1 billion last year, Exxon wants to avoid backlash from consumers angry about high gas prices and weaken support for the Windfall Profits Tax proposals before Congress.

Supporters credit the tax break, which expires Dec. 31, with making wind more competitive with electricity generated from coal and natural gas, and say ending it would put half of the country's 75,000 wind jobs at risk.

In Pennsylvania, a state that's been heavily fracked, former governor Tom Corbett bent over backwards to give ridiculous tax breaks to Big Oil and Gas in exchange for campaign contributions.

Gingrich called for tax breaks to promote greener technology and said a free market could reduce greenhouse gases.

For comparison, the state's tax breaks on natural gas production topped $ 1 billion in 2009.

Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years

According to the Democratic staff letter, the bill would repeal reduced tax rates for major integrated oil companies, drop foreign income tax deductions for companies that produce oil and natural gas overseas and drop a tax break for companies to write off some exploration expenses.

Clinton's campaign pegs the estimated cost of the entire plan at about $ 60 billion over 10 years, which would be offset by eliminating tax breaks for the oil and gas industry.

«Federal tax breaks made it possible to offer renewable gas at the same price as traditional natural gas,» Foster says.

Instead of doing this, why don't we simply fix the broken permit process for new nuclear plants and give modest tax incentives to industries or individuals that implement «no regrets» initiatives to reduce CO2, such as: — replace new coal - fired power plants with nuclear or natural gas (where a gas supply exists)-- replace newnormal automobiles with hybrids — replace Diesel for new heavy transport with natural gas — install energy savings initiatives (waste recycling, better building insulation, etc..)

If you want to talk welfare, what about the hundreds of billions the oil, gas and coal industries have received in subsidies and tax breaks over the years?

This will hopefully lead to utility - scale renewables finally finding purchase in states where the finances simply were not appealing when compared to tax breaks the utilities could get for developing coal, oil and gas.

Today's budget release disrupts those commitments — instead funneling millions of dollars in tax breaks to Transalta to prevent the closure of this plant, converting it to burn fossil gas instead of coal.

First there is a difference between Subsidies and Tax Breaks... But on a Per Watt basis the Green Energy side gets 1000x more subsidies than the oils and gas side even when you include tax breaks.Tax Breaks... But on a Per Watt basis the Green Energy side gets 1000x more subsidies than the oils and gas side even when you include tax breaBreaks... But on a Per Watt basis the Green Energy side gets 1000x more subsidies than the oils and gas side even when you include tax breaks.tax breaksbreaks....

This 2008 report offers an analysis of $ 32.9 billion in tax breaks, subsidies and other handouts the oil & gas industry will receive by 2013.

The report, released today by the International Institute for Sustainable Development, a Canadian - based think tank, outlines how billions in federal and provincial tax breaks and corporate incentives benefit companies in the oil and gas sector like Imperial Oil, whose earnings in 2015 were CDN$ 1.1 billion.

The gas and oil industry may be hurting but look at how many people are overpaid in that industry to begin with and now look at the huge «tax break» that the average american has received.

My wife likes to live in a big fancy house with sky high property taxes, drive fancy BMW's that get horrible gas mileage, buy fancy clothes to put in her huge closet, wear diamond bezeled Rolex watches and take MULTIPLE fancy vacations every summer (this summer it was SoCal, Detroit / Harbor Springs / Mackinac Island, Tampa / Clearwater, Blue Ridge Mountains, North Carolina, and headed to Charleston in August) and again for Spring Break (SoCal) and Christmas Break (Florida).