Sentences with phrase «on subsidies for fossil fuels»

Oil Change International estimates that the United States spends $ 37.5 billion on subsidies for fossil fuels every year.

This report is about exposing the G20 government use of public owned money (collected through taxation) on subsidies for fossil fuel energy production, which is mostly propping up the income of privatised power producing infrastructure using or mining of fossil fuels, both of which are inherently filthy industries.

Not exact matches

Eliminating fossil fuel subsidies would slash global carbon emission by 20 percent and raise government revenue by 2.9 trillion, well over the funds needed for intelligent policy and action on climate adaptation.»

For more information on G20 fossil fuel subsidies, including public finance, read Oil Change International and Overseas Development Institute's report: Empty Promises: G20 Subsidies to Oil, Gas, and Coal Psubsidies, including public finance, read Oil Change International and Overseas Development Institute's report: Empty Promises: G20 Subsidies to Oil, Gas, and Coal PSubsidies to Oil, Gas, and Coal Production

The Communiqué calls on the international community to increase efforts to phase out perverse subsidies to fossil fuels by promoting policy transparency, ambitious reform and targeted support for the poorest.

Hakima El Haite, Environment Minister of Morocco, candidate for the presidency of COP22, said: «Not only do fossil fuel subsidies put a strain on government coffers but they also don't help the poorest of society.»

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.

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.

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.

I think the way it works right now is on April 15th we pay for other people to lavishly emit GHGs through subsidies & tax breaks to fossil fuels.

Energy for all is linked to ending harmful subsidies on fossil fuels and unsustainable agriculture.

After all, governments currently spend about half a trillion dollars a year on subsidies, mostly hidden and economically unsound, for fossil fuels... yes, our taxes are paying industries to burn coal and oil.

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.

There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»

heck you cant even get agreement on what consititutes a subsidy for the fossil fuel industry or how to end them.

My own research shows that, even taking the OECD's analysis at face value, when we compare the «subsidies» given to green and brown sectors on a unit - for - unit basis, the renewable sector enjoys thirteen times the subsidy that the fossil fuel sector received.

Thanks for this thoughtful article Ben, especially the section on fossil fuel subsidies.

Regardless of whether the IMF report gets to exactly the right number, the report provides a very credible starting point to argue over the right value to place on fossil fuel subsidies, and will be a baseline to begin rethinking the right pace for our global transition to clean energy.

The FFS Civil Society Organisation (CSO) Network is an international peer to peer email list for sharing information on fossil fuel subsidies and their reform.

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):

«How can the Commission call on the EIB to grant $ 2bn to a mega gas pipeline and then release a report urging the member states and the same bank to do more to reduce subsidies for fossil fuels?»

On that basis, subsidies for solar power are > 1000 times higher than for fossil fuels, > 200 times more than for nuclear and can't even provide power through the night.

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 most the G20 gathering could manage this time around on the climate front was a solemn nodding of the heads when Obama suggested that it would be a great idea if they phased out subsidies for fossil fuels.

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

«At a time when scientists tell us we need to reduce carbon pollution to prevent catastrophic climate change, it is absurd to provide massive taxpayer subsidies that pad fossil - fuel companies» already enormous profits,» said senator Bernie Sanders, who announced on 30 April he is running for president.

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 Plan.

[iv] Reuters, Pressure for G20 deadline on fossil fuel subsidies shifts to Germany, September 6, 2016, http://www.reuters.com/article/us-g20-climatechange-fossilfuels-subsidi-idUSKCN11C259 and Argus, Obama to push G20 to cut fossil fuel subsidies, August 31, 2016, http://www.argusmedia.com/news/article/?id=1303970

These measures include levying a price on carbon emissions, eliminating tax subsidies for fossil fuels and ending implicit subsidies, such as leasing federal lands that contain coal or oil at rates below the fair market rate.

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.

But climate campaigners are calling for a ban on all NEW fossil fuel extraction projects, and it is the new projects that receive the heaviest subsidies from state governments.

But we also said, will the fossil fuel industry support putting their subsidies on the Table for review?

Other options include the transfer of IMF - created «special drawing rights» (reserve assets created by the International Monetary Fund that countries can exchange for hard currency) from rich to poorer countries, redirecting harmful fossil - fuel subsidies, reducing spending on ballooning military budgets, and taxing aviation and shipping.

THIS IS A LOSE - LOSE SITUATION with very high initial costs for bringing in wind and solar (with subsidy and industrialization of the countryside), very high running costs when putting them on the grid (grid control with additional fossil fuel expenditure), and added unreliability and instability to the grid system.

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 - consumers.

«Phasing out current subsidies for wind, solar, ethanol, and fossil fuels» could be meritorious on its own, but how much does this generate, and does it even pass a political laugh - test?

A coalition of 12 World Trade Organization Members is urging the WTO today to advance the discussion on fossil fuel subsidies, asking for transparency and reform of inefficient fossil fuel subsidies that encourage wasteful consumption.

Today, in advanced economies, fossil fuels do not get much the way of direct subsidies — although they do still exist, for example Germany spends 0.07 % of its GDP supporting coal and the US spends 0.05 % of its GDP on petroleum.

The U.S. government is providing extensive support for fossil fuel production on public lands and waters offshore, through a combination of direct subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the industry, a new report released today finds.

[30] Epstein states his main sources of revenue vary «depending on what [he's] working on,» but in the «last year it's been a combination of public - facing (e.g., getting paid to write the book [The Moral Case for Fossil Fuels]-RRB- and giving speeches, a lot of which are to industry groups,» noting that he'd be willing to «work with anyone fighting for freedom — but not for subsidies.»

It calls for a revenue - neutral carbon price, a 10 million person «clean energy workforce,» a 65 miles per gallon average fuel economy for cars and trucks by 2025, the construction of a nationwide high - speed rail network, a ban on oil drilling offshore and in the Arctic, and a phaseout of subsidies to the fossil fuel industry — all top items on environmentalists» wish lists.

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.

Dr Birol also held meetings at the Ministry of Foreign Affairs and Trade, the Ministry of Environment and with New Zealand's Climate Change Ambassador, where the IEA and New Zealand agreed on the need to support global policy advice and quantitative analysis for the phase out of fossil fuel subsidies and the energy transition, both through bilateral collaboration and multilateral fora, such as APEC, the WTO and the G20.

Germany has already started a subsidy for fossil - fueled plants bankrupted by the plunge in electricity prices — a subsidy that will just add to the very high surcharges levied on captive German rate - payers to reimburse renewable sources for costs they can't recover from market.

Every few months — or constantly, depending on your attention span — we hear another round of passionate recommendations that fossil fuel subsidies be phased out to level the playing field for clean energy.

Over the course of 2 1/2 days, 150 participants from over 40 countries listened and debated on issues in renewables, ranging from fossil fuel subsidies, to the impact of the media and public relations, and vision for the next decade of renewables.

The report highlights: Trends in domestic energy demand and supply prospects to 2040, broken down by fuel and sector The outlook for the power sector and the increasing share of coal in the region's electricity generation The role that Southeast Asia will play in international energy trade and the implications for its energy expenditures The potential energy and environmental benefits of implementing pragmatic measures that would help limit the rise in the region's greenhouse - gas emissions An in - depth analysis of energy prospects in Malaysia to 2040 A focus on four key issues that will shape the direction of the region's energy system: power grid interconnection, energy investment, energy access and fossil - fuel subsidies

On the morning of 12 December 2017, an artistic mobilization will take place in Paris to send the message that Climate Finance means ending subsidies and investments for fossil fuels.