Sentences with phrase «of subsidies for renewable energy»

In its report the IPCC emphasises the futility of subsidies for renewable energy parallel to an emissions trading system: «The addition of a CO2 reduction policy to a second policy does not necessarily lead to greater CO2 reductions,» it says in a literal translation of the IPCC's Technical Summary: «In an emissions trading scheme with a sufficiently stringent cap other measures such as subsidising renewable energy have no further influence on total CO2 emissions.»
This week's Australian budget, with its withdrawal of subsidies for renewable energy, has left many commentators wondering if we've turned our back on carbon - neutral power.

Not exact matches

Last year, Congress in a show of bipartisan support agreed to extend the federal subsidies responsible for the renewable energy boom through the end of the decade.
Although the final tax reform policy keeps the subsidies in place, some market analysts have grown concerned that these developments — as well as regulatory hurdles for new wind projects — will prohibit or slow the rate of deployment of renewable energy by utilities in the U.S.
In a 184 - page letter to Catholic leaders released Thursday, Francis warns of «unprecedented destruction of ecosystems, with serious consequences for all of us» and recommends renewable fuel subsidies and maximum energy efficiency to combat global warming.
Ed Davey and the Lib Dems hold renewable energy close to their hearts, so they fought all they could to block Conservatives seeking cuts of 25 % to subsidies for wind farms.
Under Cuomo, the PSC has undertaken an ambitious reimagining of the utility industry, called Reforming the Energy Vision, has backed subsidies for renewable and nuclear energy and has set up a ratepayer - funded program to invest in clean energy technEnergy Vision, has backed subsidies for renewable and nuclear energy and has set up a ratepayer - funded program to invest in clean energy technenergy and has set up a ratepayer - funded program to invest in clean energy technenergy technology.
Under Cuomo, the PSC has undertaken an ambitious reimagining of the utility industry, has backed subsidies for renewable and nuclear energy and has set up a ratepayer - funded program to invest in clean energy technology.
«The first thing I did was try to get a grip on the spending and what I found was that it took a while for the department to actually give me the numbers of how much has been spent within the Levy Control Framework, which is the subsidy that's available to renewable energy until 2020.
Just more than a week after the state Public Service Commission approved a long - term clean, renewable energy standard that includes subsidies for nuclear power, the state on Tuesday touted Exelon's planned acquisition of the FitzPatrick nuclear plant from Entergy Corp..
Among her plans of what she'd like to accomplish once elected: Promote / support bills in Congress that adopt clean sources of energy by helping to end the intricate system of public subsidies that keep dirty sources of energy artificially cheap, and promote renewable sources: solar, wind, and hydro; Protect waterways / drinking supply by reducing the risk of contamination and ensure that when contamination is found, the responsible parties are held accountable; Fight for public financing of elections; Work every day to overturn Citizens United.
There's a good article in Slate which lays out a case for shuttling some of the funds spent on subsidies for renewable energy into R&D instead.
The German Renewable Energy Sources Act (EEG) still encourages such usage until 2019, e.g. by subsidizing the generation of heat from wood energy with feed - in tariffs or by granting investment subsidies for heating installations such as wood pellet or wood chip heating syEnergy Sources Act (EEG) still encourages such usage until 2019, e.g. by subsidizing the generation of heat from wood energy with feed - in tariffs or by granting investment subsidies for heating installations such as wood pellet or wood chip heating syenergy with feed - in tariffs or by granting investment subsidies for heating installations such as wood pellet or wood chip heating systems.
This means it covers the direct cost of low - carbon subsidies, energy efficiency and carbon taxes, as well as indirect costs due to strengthening grids, backing up intermittent renewables, compensating conventional generation for lost revenue through the capacity market and savings due to the merit - order effect, which pushes down wholesale electricity prices.
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 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.
It is unclear to me how oil subsidies and lack of tax breaks for an upstart renewable energy industry will help further these goals.
There will be some concern that renewable energy subsidies have now indirectly spawned additional support for coal and gas, and that both will raise European energy prices which are already some of the highest in the world.
They are also determined to become the world's leading producer of renewable energy (Even though Germany and the US are currently trying to sue China in the WTO for giving subsidies to renewable energy industries.
The government is set to unveil its long - awaited energy plan that would scrap subsidies for renewables and impose obligations on power companies to source a certain proportion of «reliable» supply.
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.
The main reason for the diversification of energy (with renewables) in the region is the increased demand for power generation and falling subsidies.
The subsidies set aside for renewable energies are forcing consumers to pay higher rates — a sort of invisible tax.
«Building one of the first subsidy - free solar projects of this size in Europe is a ground - breaking milestone; both for us as an international renewable energy company and also for the future of the European PV market,» explains Benedikt Ortmann, Managing Director of BayWa r.e. Solar Projects GmbH.
Most, if not all, of the renewable energy sources GLREA supports require government subsidies, mandates or both for their survival.
EPI can be assumed to be an extension of what is known as the Checks & Balances Project (CB&P)-- which was founded to investigate organizations and policymakers that do not support government programs and subsidies for renewable energy.
«Yet the report stops short of making the most obvious recommendations to address this challenge, eliminating the subsidies and forcing renewable energy generators to pay for the costs they impose on the grid because of their intermittency and unreliability.
Diverting any money to specific mid-stream market sectors (renewable energy for example — though a fan, we should eliminate all such direct subsidies) ignores that the majority of a consumer's carbon footprint is embedded in the products they buy.
Lomborg appeared on an episode of John Stossel's «Green Tyranny» where he criticized subsidies for renewable energy: [87]
Variety of tax and subsidy connections Tax credits for investments in new (risky) technologies Feed - in tariffs for renewable energy Carbon pricing Insurance
Congressman Dave Camp (R - MI), chairman of the House Ways and Means Committee, introduced a tax reform bill earlier this week that removed all subsidies for oil, gas, coal, renewables and other energy technologies.
«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.
In order to stay online, these reliable plants may require one or all of the following options for remedy: 1) further economic support to make up for losses in energy markets, 2) a new revenue stream from capacity markets, or 3) immediate termination of subsidies and mandates for renewables.
Favorable policies such as exemption in wheeling and banking charges, cross subsidies, and access to withdraw banked green power anytime during the 24 hours of business operations should be translated across all states to enable larger adoption of renewable energy for big corporates.
By masking the true cost of nuclear power, subsidies also allow the industry to exaggerate its economic competitiveness; consequently, they diminish or delay support for more economical and less risky alternatives like energy efficiency and renewable energy.
Yet, the wishful thinking of Governor Andrew Cuomo, Attorney General Eric Schneiderman, «green» ideologues, and «renewable» energy hustlers and subsidy seekers who benefit from this massive taxpayer and ratepayer rip - off has been repeated by countless «journalists» without question for years now.
Sierra Club openly takes money from solar energy companies including Sungevity that benefit from its lobbying for renewables subsidies and the closure of nuclear plants.
The government of Spain, a world leader in renewable energy, said it plans to cut subsidies for photovoltaic solar plants by up to 45 percent as it seeks to slash spending amid the economic crisis.
In the 2014 - 2015 procurement year, ComEd and Ameren paid a subsidy of about 1.15 cents per kwh for Renewable Energy Certificates under the RPS law;
Regarding the National Energy and Climate Plans (NECPs), the European Parliament set for a binding template for the NECPs and added into the template many important details, e.g. on phase out of fossil fuel subsidies, Member State's national trajectories for maintaining and enhancing the carbon removals from sinks as well as trajectories and objectives for energy from renewable sources produced by cities, energy communities and self - consEnergy and Climate Plans (NECPs), the European Parliament set for a binding template for the NECPs and added into the template many important details, e.g. on phase out of fossil fuel subsidies, Member State's national trajectories for maintaining and enhancing the carbon removals from sinks as well as trajectories and objectives for energy from renewable sources produced by cities, energy communities and self - consenergy from renewable sources produced by cities, energy communities and self - consenergy communities and self - consumers.
The U.S. energy legislation of 2005 provides significant subsidies, not only for renewable energy sources, but also for new nuclear power plants.
The possible components of such an approach that would be relevant in the context of climate change include: a national renewable electricity standard; Federal financing for clean energy projects: energy efficiency measures (building, appliance, and industrial efficiency standards; home retrofit subsidies; and smart grid standards, subsidies, and dynamic pricing policies); and new Federal electricity ‑ transmission siting authority.
Conservatively it looks like his Climate Act of 2008, with its targets for carbon emission cuts, will cost us # 300 billion by 2030 in subsidies to renewable energy, in the cost of connecting wind farms to the grid, in VAT, in costs of insulation and new domestic appliances, and in the effect of all this on prices of goods in the shops.
Offshore wind is one of the few profitable options left in the market, after the British government cut subsidies for other renewable energies.
Instead of trying to keep energy bills down (so that everyone can afford airconditioning or heating, according to need; and so that the economy can grow, bringing work and prosperity), we've driven them up artificially through carbon taxes and renewables subsidies for all those useless bat - chomping, bird - slicing eco-crucifixes destroying our countryside.
As a means of comparison, in 2011 alone the International Energy Agency estimated that global fossil fuel direct subsidies were worth $ 523 billion, compared to $ 88 billion for renewables.
It is now urging members to restore Europe's competitiveness by «fracking» for cheap natural gas from shale, instead of pushing «renewable» energy subsidies which cost consumers billions of pounds.
But as long as the rich nations — and their big polluters — dictate the terms of the Paris accord, maintain unhealthy fossil fuel subsidies and refuse to establish a long - term market for renewable energy that includes putting a price on carbon emissions, a world that protects more vulnerable nations, humans, animals and plants from the impacts of climate change will remain a dream.
Added to the 30 percent federal tax credit, a Louisiana resident can gain a government subsidy for 80 percent of the cost of a renewable energy system.
But that remains a fantasy as long as renewable energy continues to be economically disadvantaged in favor of fossil fuel: In 2013, according to the International Institute for Sustainable Development, consumer subsidies to fossil fuels totaled $ 548 billion, compared to only $ 121 billion for renewables.
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