Sentences with phrase «oil subsidies in»

The dip in oil subsidies in 2016, and the higher share of electricity, reflect some short - term price developments but also reveal a new set of challenges to remove them.
With world oil subsidies in the billions, and completely unsustainable, it is rather strange to suggest wind turbines «can not survive without subsidies».
Obama clearly picked up on bipartisan interest in eliminating distorting energy subsidies, but sadly targeted only oil subsidies in seeking the billions he wants for research and innovation.

Not exact matches

Responding to Tory charges that the NDP's proposed cap - and - trade system would wind up raising gas prices by 10 cents per litre, Jack Layton blamed Stephen Harper «s subsidies to big oil companies and support for the harmonized sales tax in Ontario for higher gas prices.
In Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiIn Indonesia, which ended gasoline subsidies in 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiin 2015 and lowered the diesel subsidy to 500 rupiah (3.6 U.S. cents) per litre in 2016, retail prices also haven't risen by as much as the price of crude oiin 2016, retail prices also haven't risen by as much as the price of crude oil.
His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of oil
In fact, it is «Empty Promises: G20 subsidies to oil, gas and coal production.»
A version of this article appears in print on July 4, 2010, on Page A1 of the New York edition with the headline: As Oil Industry Fights a Tax, It Reaps Subsidies.
But thanks to the subsidy they get from Canada, refineries in Cushing often enjoy refinery margins, or crack spreads as they're known in the industry, that have been as much as five times what refineries on the Gulf Coast, which have to pay full world oil prices for their feedstock, operate with.
Mulcair's argument then becomes essentially that in addition to costing taxpayers and the environment, oil and gas subsidies are also undermining other export industries via the Dutch - Currency - Phenomenon - That - Shall - Not - Be-Named.
In order to replace the Venezuelan oil subsidies deal, known as Petrocaribe, Mexico would have to supply Cuba with 55,000 barrels per day and another 39,000 barrels per day to other Petrocaribe nations in the Caribbean and Central AmericIn order to replace the Venezuelan oil subsidies deal, known as Petrocaribe, Mexico would have to supply Cuba with 55,000 barrels per day and another 39,000 barrels per day to other Petrocaribe nations in the Caribbean and Central Americin the Caribbean and Central America.
But there's also a new element that Thomas Mulcair has added to this conversation: subsidies to the oil and gas industry — mostly in the form of allowing the industry to externalize environmental costs.
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.
Energy exporting governments must use falling costs as an prospect to reduce generous subsidies and restore their fiscal health, according to the personal arm of the Planet Financial institution Low oil rates will aid invigorate personal investment decision in the Center East according to a leading determine at the private...
Brazil was able to reduce subsidies in oil and gas, but its export business was challenged as a result of the declining oil prices, and its economy remained flat.
They are the ones who use racist, nasty comments about the poor on welfare and call them «takers» when in fact the Federal government spends 10 times more on corporate tax loopholes and «corporate welfare» in subsidies to oil companies, the sugar and corn industries and many others.
Tax cuts for the rich, subsidies for oil companies that raked in billions in profits, laws passed making it much more difficult to declare bankruptcy and also legislation absolving big phrams of any lawsuits due to their non compete policies.
Tropical Traditions also restored traditional methods of producing coconut oil by hand, and also worked to provide consumer access to other traditional products that had fallen out of favor in the U.S. market, but for which there was a demand from health - conscious consumers interested in sourcing food outside the corporate commodity food supply kept cheap by government subsidies.
«The Presidency has also failed to offer explanations on the alleged involvement of its officials in various sneaky oil subsidy deals as well as reported diversion of N1.1 trillion worth of crude last year to service APC interests.
Set up groups and opt - ins for your top campaigns or issues areas (one group might be «medicare» for example «or climate change» or «oil subsidies») and then send most email on those campaigns to people who've taken an action on that campaign in the last 3 months.
«If you take the Economic Intelligence Unit (EIU)[report], they said 2017 and onward is going to be a period of prosperity for Ghana and that is because of the foundation that we have laid, it's because of the work that we have done, we've eliminated a lot of the deficits that were created by huge subsidies on utility tariffs, we eliminated a lot of the subsidies that created huge deficits on the cost of petroleum products, today as I speak, Tema Oil Refinery (TOR) is running, and producing petroleum products for Ghana, we have enough stock of LPG, our tanks and strategic reserves for petroleum products are all full, and, so, we have ships standing offshore Ghana with petroleum products, but there is no space to offload those products, and, so, we've done a good job in stabilising various sectors of the economy.
Oil and gas companies, which are raking in record profits, certainly don't need $ 4 billion a year in subsidies, and even the oil company CEOs admit they don't need Oil and gas companies, which are raking in record profits, certainly don't need $ 4 billion a year in subsidies, and even the oil company CEOs admit they don't need oil company CEOs admit they don't need it!
Marketers disclosed that they owe their foreign suppliers in excess of $ 1.29 billion, even as the marketers were paid only N413 billion in December 2015 for oil subsidies.
With the government removing fuel subsidies and oil marketers refusing to sell diesel at pump prices, the cost of doing business in Nigeria is expected to double over the next three months especially as oil hits a benchmark price of $ 38 per barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-year.
In an example of strange bedfellows, the coalition fighting the deal includes oil and gas producers who, like anti-nuclear activists, oppose the subsidies.
NEWS - REVIEW FILE PHOTO Greg Blass handling home heating oil subsidies as Department of Social Services commissioner in 2010.
The Executive Director of the Chamber of Bulk Oil Distributors (CBOD), Senyo Hosi, says government needs to consider scrapping the subsidy on premix fuel, since such monies are only ending in private pockets through the diversion of the commodity meant for the country's fisher - folk.
The ads should also mention the billions in oil company subsidies which the Republicans refuse to cut.
On May 20, 2015, nine days BEFORE the government was inaugurated, I laid out «Policy Prescriptions» - diversification of production, government revenue, and exports; imperative of a strong and credible economic team and cabinet; targeting «opportunity sectors» (solid minerals, refining and petrochemicals, a new and realistic fiscal regime for upstream oil and gas, private sector investments in power and infrastructure, agro-processing, retail and construction); freeing «up resources from downstream petroleum sector deregulation» emphasizing «an economic reality in which hard decisions including some previously rebuffed by the opposition will have to be taken» a clear reference to the petrol subsidy which government waited a full year before countenancing the critical decision!
In «Nigerian Economy in 2016: Withdrawal Symptoms» (January 27, 2016), I compared Nigeria to an addict finding it difficult to wean itself of the drug of oil and warned that «in 2016 we will be forced to begin reconciling ourselves to the real exchange rate of the Naira» and «it is wise to formally and publicly end the subsidy regime and bring certainty and investments into the downstream petroleum sector.&raquIn «Nigerian Economy in 2016: Withdrawal Symptoms» (January 27, 2016), I compared Nigeria to an addict finding it difficult to wean itself of the drug of oil and warned that «in 2016 we will be forced to begin reconciling ourselves to the real exchange rate of the Naira» and «it is wise to formally and publicly end the subsidy regime and bring certainty and investments into the downstream petroleum sector.&raquin 2016: Withdrawal Symptoms» (January 27, 2016), I compared Nigeria to an addict finding it difficult to wean itself of the drug of oil and warned that «in 2016 we will be forced to begin reconciling ourselves to the real exchange rate of the Naira» and «it is wise to formally and publicly end the subsidy regime and bring certainty and investments into the downstream petroleum sector.&raquin 2016 we will be forced to begin reconciling ourselves to the real exchange rate of the Naira» and «it is wise to formally and publicly end the subsidy regime and bring certainty and investments into the downstream petroleum sector.»
In fact, the bill Obama voted for raised taxes on oil companies by $ 300 million over 11 years while providing $ 5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuelIn fact, the bill Obama voted for raised taxes on oil companies by $ 300 million over 11 years while providing $ 5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuelin subsidies for renewable energy, energy efficiency and alternative fuels.
One of the charges read, «That you, Adegbite Adetoye and Ponnle Abiodun whilst being directors of Origin Oil and Gas Limited on or about the 8th day of October 2010 to December, 2011 in Abuja within the jurisdiction of the High Court of the Federal Capital Territory, Abuja and with intent to defraud, conspired to obtain the sum of N735, 132, 076.18 From the Federal Government of Nigeria under false pretence that the said sum represented subsidy accruing to you, whereas the sum is above the actual subsidy payment for the importation of 15,000 mt of premium motor spirit (petrol) which you claim to have purchased from Vitol SA and imported into Nigeria through MT Silverie which representation you knew to be false.»
They both claim that incumbent Republican Congressman Chris Gibson took donations from the oil and gas industries and has since «voted to continue billions in tax subsidies for his oil and gas donors.»
He even voted to continue billions in tax subsidies for his oil and gas donors.
One little - discussed subsidy the oil industry enjoys is the military protection in the middle east, the argument being that without a strong naval presence, many tankers would be taken by pirates.
The question of what Empire State taxpayers are getting in exchange for these subsidies is never clear and compelling, despite regular claims of an economic bonanza that would sound quite normal coming from the lips of a supply - side snake - oil salesman.
The Minister of Finance, Mrs Kemi Adeosun, on Tuesday said the Federal Government had fully paid the N48.2 billion outstanding subsidy arrears owed oil marketers in 2015.
He said instead of putting more burden on the people, the APC government should come out clear on the «sleaze in the oil sector» under its watch, particularly the «shady oil subsidy payouts and illegal lifting of N1.1 trn worth of crude, using unregistered companies.»
The military practically abolished Nigeria's federal system in favour of a unitary, distributive economy in which we all shared proceeds of oil; they created more and more states eroding sub-national economic viability; they nationalized and indigenized banks and declared that government would hold the «commanding heights» of our economy, marginalizing investment and the private sector brought in «big government»; they implemented «Udoji awards» and other elements of oil and FX subsidies that Nigeria battles to overcome today; and the about - to - depart government of Murtala / Obasanjo took the first $ 1billion jumbo loan that set Nigeria on the path to debt peonage!
The largest effects of removing subsidies were found in areas that export oil and gas, such as Russia, Latin America, and the Middle East and North Africa.
Reform of energy subsidies in oil - exporting countries can reduce carbon emissions and add years to oil exports, according to a new paper from Rice University's Baker Institute for Public Policy.
The largest emissions savings would be in oil and gas exporting countries, where fewer poor people would be affected, and subsidy removal can be aided by currently low oil prices.
Removing subsidies in richer oil and gas exporting regions would therefore provide significantly greater emissions savings and have a less detrimental impact on the poor.
The bad air quality has prompted the Ministry of Finance and NDRC to negotiate with the oil companies about subsidies in order to encourage high - quality fuel.
Increase biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug ‐ in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recovery
«The oil and gas subsidies are costly to the American taxpayer and do little to incentivize production or reduce energy prices,» the White House says in a document listing programs the administration wants to end.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
Global energy - related emissions could peak by 2020 if energy efficiency is improved; the construction of inefficient coal plants is banned; investment in renewables is increased to $ 400 billion in 2030 from $ 270 billion in 2014; methane emissions are cut in oil and gas production and fossil fuel subsidies are phased out by 2030.
That's not the only methodological issue: their study also undercounts subsidies to oil, gas, and coal production, relying on an estimate of $ 23 billion in production subsidies instead of the more than $ 70 billion we've identified in G20 countries alone.
It assessed how oil subsidies could influence investor decision - making and found that the impact of subsidies on oil production (and associated emissions) in the U.S. was potentially very high.
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