Sentences with phrase «incentivizes fossil fuel production»

Jennifer Metzger, co-founder of Rosendale - based Citizens for Local Power (CLP), says it has vociferously opposed the NCZ not only because it raises rates but also because it incentivizes fossil fuel production, in direct opposition to the NYSERDA programs.

Not exact matches

If the industry is in fact incentivized to maximize near - term profits, a large conflict of interest exists, since (as you know) investments in fossil fuel resources are typically (until recently) made years, if not decades before production, and often in different political, economic, and social contexts.

We spend hundreds of billions of dollars «incentivizing» fossil fuel production and there's no reason to provide incentives most of the time.

First, it acts as a «negative carbon price» that helps to subsidize and incentivize more fossil fuel production.