Sentences with phrase «in subsidies for fossil fuel»

A new report by Oil Change International identifies billions of dollars in subsidies for fossil fuel exploration from the world's wealthiest countries.

The researchers suggested switching $ 500bn in subsidies for fossil fuels worldwide to renewables as a «cost neutral» way to fast - track the energy transition.

Not exact matches

But three types remain common: consumption subsidies in developing nations, consumption subsidies in rich developed countries, and subsidies for fossil - fuel producers.

A target of $ 250 million in reduced fossil fuel subsidies is our starting point, and a first step will be to allow for the use of the Canadian Exploration Expenses tax deduction only in cases of unsuccessful exploration.

Ultimately, these results do show benefits of removing fossil fuel subsidies, especially in certain regions, but care is needed for implementation.

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.

G20 country governments are providing $ 444 billion a year in subsidies for the production of fossil fuels.

Re # 43, A «collosal political jump forward» would be for the US to strip all subsidies from the fossil fuel industry, and to strip all subsidies from fossil - fuel intensive agricultural industry as well (over $ 35 billion a year), and to deliver those subsidies to solar, wind, and carbon - neutral agricultural industries — as well as instituting a hefty carbon tax on all fossil fuels, and agreeing to strict emissions caps, and mandating energy efficient technology in all areas.

Well, the actual problem is that the externalities for that cheap fossil and nuclear fuel (not to mention gov subsidies and tax breaks) have not been factored in.

-- Implementing a partial phase - out of fossil fuel consumption subsidies accounts for 12 % of the reduction in emissions and supports efficiency efforts.

Fossil fuel interests are using their clout at the White House and in Congress to sabotage every renewable energy program that comes along, while make sure massive government subsidies, on the order of $ 100 billion a year when you count it all up, continue to flow to the fossil fuel industry (U.S. military expenditures are $ 500 billion a year, and good chunk of that is devoted to protecting overseas oilfields, for exaFossil fuel interests are using their clout at the White House and in Congress to sabotage every renewable energy program that comes along, while make sure massive government subsidies, on the order of $ 100 billion a year when you count it all up, continue to flow to the fossil fuel industry (U.S. military expenditures are $ 500 billion a year, and good chunk of that is devoted to protecting overseas oilfields, for exafossil fuel industry (U.S. military expenditures are $ 500 billion a year, and good chunk of that is devoted to protecting overseas oilfields, for example).

Setting aside the fact that in many cases clean energy competes on its own merits — for instance in the case of well ‐ situated wind farms and Brazilian sugarcane ethanol — this analysis shows that the global direct subsidy for fossil fuels is around ten times the subsidy for renewables.

Fortunately, the relative added costs of today's renewable technologies are quite reasonable, especially if one factors in the subsidies that exist for fossil fuels and if we price carbon commensurate with the costs of its environmental damage.

Trillions are spent on war where oil is the key political factor, hundreds of billions on subsidies for rich companies that reap huge short - term profits, both in fossil fuels and pseudo-green technologies like corn ethanol and biodiesel.

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.

Subsidies to fossil fuel industries are a huge problem, and have stood in the way of alternate energy development for a long time.

Suffice to say that when you factor in all of the government subsidies and «externalities» (increased health costs from respiratory sickness, environmental degradation, etc; the stuff that we all have to pay for maybe not from our wallets but in our tax returns), the true price of fossil fuels is much, much higher than any individual or company pays.

By contrast, subsidies for fossil fuels amounted to $ 409 billion in 2010.

in industrial countries, the withdrawal of subsidies from fossil fuels and the establishment of equivalent subsidies for clean energy sources;

In industrial countries, withdraw subsidies from fossil fuels and establish equivalent subsidies for clean non-carbon energy sources;

Furthermore, powerful actors with vested interests in fossil fuels are working to remove the incentives for wind power that has made it competitive with the dirty energy sector that enjoys billions of dollars in subsidies.

As an aside, it's galling that these grants and subsidies are for fossil fuel technologies, where environmental extremists are bound to claim they support the fossil fuel industry, when, in fact, they are intended to bolster the EPA's war on fossil fuels.

The US and China will be key to the growth in PV, with the need for their governments to offer solar incentives as well as reducing subsidies for fossil fuels.

In the near term, federal policy could: i) level the playing field between air captured CO2 and fossil - fuel derived CO2 by providing subsidies or credits for superior carbon lifecycle emissions that account for recovering carbon from the atmosphere; ii) provide additional research funding into air capture R&D initiatives, along with other areas of carbon removal, which have historically been unable to secure grants; and iii) ensure air capture is deployed in a manner that leads to sustainable net - negative emissions pathways in the future, within the framework of near - term national emissions reductions, and securing 2 °C - avoiding emissions trajectorieIn the near term, federal policy could: i) level the playing field between air captured CO2 and fossil - fuel derived CO2 by providing subsidies or credits for superior carbon lifecycle emissions that account for recovering carbon from the atmosphere; ii) provide additional research funding into air capture R&D initiatives, along with other areas of carbon removal, which have historically been unable to secure grants; and iii) ensure air capture is deployed in a manner that leads to sustainable net - negative emissions pathways in the future, within the framework of near - term national emissions reductions, and securing 2 °C - avoiding emissions trajectoriein a manner that leads to sustainable net - negative emissions pathways in the future, within the framework of near - term national emissions reductions, and securing 2 °C - avoiding emissions trajectoriein the future, within the framework of near - term national emissions reductions, and securing 2 °C - avoiding emissions trajectories.

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-.

The IEA has been measuring fossil - fuel subsidies in a systematic way for more than a decade.

This applies equally to subsidies for fossil fuels — as is being pursued at the G20 meeting coming up and in the MDG..

The value of global fossil - fuel consumption subsidies in 2016 is estimated at around USD 260 billion, lower than the estimate for 2015, which was close to USD 310 billion.

The idea that fossil fuels benefit from both direct and indirect subsidies has been around for years, but analysis has generally been done in pieces (some of it done very well — Nancy Pfund and Ben Healy at DBL Investors published an excellent analysis of direct subsidies in the U.S. a couple years back) or without complete data robust enough to stand up to critique.

Most developed countries supported a text calling for a transition to a green economy that included phasing out fossil fuel subsidies, the use and production of renewable energies, and creating «green» jobs in this new economic model.

Do you care, in any way shape of form, about the massive subsidies for fossil fuel usage due to externalities not within the contracted prices?

For an overview of the main national fossil fuel subsidies in Europe, click on the following map below (which you can also find on our website):

The # 1000 figure refers to perverse subsidies in general, not just those for fossil fuels (and it's per taxpayer, not household).

This new report documents, for the first time, the scale and structure of fossil fuel exploration subsidies in the G20 countries.

Renewable Energy World For at least the last 40 years, since the oil shocks in the 1970s, dealing with fossil fuel subsidies has been on the international agenda.

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.

With a renewal of the wind production tax credit, which is designed to establish parity with the subsidies for fossil fuels, growth could be even faster in the years ahead, creating thousands of new jobs.

Hopefully these will give a figure for fossil fuel subsidies in the UK, and one we can rely on....

Global subsidies for fossil fuels have returned to levels not seen since before the financial crisis in 2008, estimated at $ 523 billion to $ 1.9 trillion, according to a new report.

According to the International Monetary Fund, when you factor in implicit subsidies from the failure to charge for pollution, climate change and other externalities, the post-tax cost of support for fossil fuels comes in at close to $ 2 trillion each year.

The international community has committed to phase out subsidies for fossil fuel use, including in the electricity sector.

He said fossil fuel subsidies were endemic in the US: «Every single well, pipeline, refinery, coal and gas plant in the country is heavily subsidised.Big Fossil's lobbyists have done their jobs well for the last century.&fossil fuel subsidies were endemic in the US: «Every single well, pipeline, refinery, coal and gas plant in the country is heavily subsidised.Big Fossil's lobbyists have done their jobs well for the last century.&Fossil's lobbyists have done their jobs well for the last century.»

In 3 legislative files currently negotiated in Brussels the European Parliament progressed on financing matters: reporting on Fossil Fuel Subsidies phase - out; the linking the EU budget comes to national climate ambitions; a climate impact assessment tool for EU investments; and a 40 % climate earmarking target for the Juncker Investment PlaIn 3 legislative files currently negotiated in Brussels the European Parliament progressed on financing matters: reporting on Fossil Fuel Subsidies phase - out; the linking the EU budget comes to national climate ambitions; a climate impact assessment tool for EU investments; and a 40 % climate earmarking target for the Juncker Investment Plain Brussels the European Parliament progressed on financing matters: reporting on Fossil Fuel Subsidies phase - out; the linking the EU budget comes to national climate ambitions; a climate impact assessment tool for EU investments; and a 40 % climate earmarking target for the Juncker Investment Plan.

The IEA found that about 60 percent of fossil fuel subsidies in the APEC economies is now in the residential sector, for electricity, gas and LPG.

According to the IEA, global fossil fuel consumption subsidies are over twice as large as subsidies for renewable energy in 2015, which amounted to $ 150 billion globally — $ 120 billion for non-hydro renewables for power generation and about $ 30 billion for renewables in other sectors, primarily biofuels.

«Germany has set up a system of legislation and subsidies to move away from fossil fuels toward renewable energy,» Martin Kaiser, executive director of programs for Greenpeace International in Berlin, told me.

A recent IMF paper put the magnitude of subsidies for fossil fuel energy sources at $ 5.3 trillion worldwide in 2015, including both direct fiscal costs and implicit subsidies from the failure to charge for environmental damages or tax energy at the same rate as other consumption products.

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.