Sentences with phrase «out of all fossil fuel subsidies»

They support the phasing out of fossil fuel subsidies in the «medium term» and pledge a huge boost to renewable energy, including through a new $ 2 billion «Low Carbon Economy Trust» to fund clean energy projects.

Since 2009, the IEA has actively contributed to all energy work streams of the G20 — a group that accounts for 85 % of the global economy and 75 % of global energy demand — covering topics ranging from energy security and market transparency, to energy efficiency and the phase out of fossil fuel subsidies.

Canada has a critical role in supporting the Argentine G20 Presidency to deliver strong outcomes on climate, including progress on the phase - out of fossil fuel subsidies.

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.

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.

An ambitious set of policy measures, including the rapid phase out of fossil fuel subsidies, CO2 prices rising to unprecedented levels, extensive energy market reforms, and stringent low - carbon and energy efficiency mandates would be needed to achieve this transition.

Not exact matches

But by putting the targets into law and mandating a set of regulations — including requiring 35 percent of the country's electricity to come from clean sources by 2024; establishing a voluntary carbon market; developing incentives to promote renewable energy; phasing out fossil fuel subsidies; and forcing companies in the largest carbon polluting sectors to report their emissions — they said the results could be groundbreaking.

McKibben: Yeah, and there are you know these are kind of calculations that'll start to sort themselves out once you remove the sets of subsidies from fossil fuel and food and things; [we'll] begin to get a better sense.

On the very night that current President Dilma Rousseff gave the closing speech of the Rio +20 conference in June — the final agreement of which promised to phase out fossil - fuel subsidies — the government said it would be reducing a federal fuel tax to zero.

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.

Last week, the G7 leaders pledged to eliminate «inefficient fossil fuel subsidies» but talks on phasing out a form of coal subsidy ended in stalemate.

An unprecedented coalition of close to 40 governments, hundreds of businesses and influential international organisations has called today for accelerated action to phase out fossil fuel subsidies, a move that would help bridge the gap to keep global temperature rise below 2 °C.

We could start by phasing out all subsidies for the production of fossil fuels and ethanol.

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

In addition to the work in the World Energy Outlook, the IEA has provided input to the G - 20 and APEC since 2009, when G20 leaders took a major step toward reforming energy subsidies and committed to «rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption», the IEA has provided input to the G - 20 and APEC in support of their commitments.

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 next step is obviously to move from commitment to action, by raising the level of ambition of the Paris pledges, phasing out fossil fuel subsidies by 2020 and providing support to those most vulnerable to climate change impacts.»

The current text therefore reiterates the existing commitment, adding that «we will endeavour to make further progress in moving forward this commitment», encouraging all G20 members to initiate a voluntary peer review as soon as feasible, and noting the OECD / IEA progress report on the peer review process and facilitation of inefficient fossil fuel subsidies phase out.

He also pointed out that the research itself is pretty old now, and so even if the fossil fuel parts could be identified from the rest of the «perverse subsidies» — it wouldn't be very up to date.

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.

These include indisputably necessary strategies such as halting the conversion of native habitats into farmland; restoring and rewilding ecologies; phasing out fossil fuel subsidies; and promoting dietary shifts toward plant - based foods.

IISD along with 37 other groups wrote to the Government of Canada to press upon» «the importance of fulfilling its commitments to the G7 and G20 to reform and phase out fossil fuel subsidies in Canada over the medium term.»

The statement, signed by Aviva, Aegon NV, and MS Amlin, calls for governments to set «a clear timeline for the full and equitable phase - out by all G20 members of all fossil fuel subsidies by 2020.»

At the G20 summit in Hangzhou on September 4 and 5, 2016, the United States pressed the leaders of major global economies to outline specific plans to phase out most fossil fuel subsidies.

In any event, even using such inflated claims of «subsidies», on a joule / subsidy - cost basis, fossil fuels beat the snot out of renewables.

During the fiscal years of 2002 - 2008 the United States handed out subsidies to fossil fuel industries to a tune of 72 billion dollars, while renewable energy subsidies, during the same...

And compare the size of the investment gap with the $ 500 billion or more being doled out every year in the form of government subsidies that help support fossil fuel operations.

The report also delves deeper into the effects of fossil fuel subsidies in developing economies — where the majority of direct fossil fuel subsidies are handed out.

«The Brazilian government should be fulfilling the commitments made under the Paris Agreement, with a complete restructuring of the energy matrix, redirecting resources to renewable energy initiatives, but instead they continue to carry out fossil auctions and giving subsidies that strengthen the most polluting sector in the world: the fossil fuel industry.

Along with representatives from the Environmental Defence Fund and the Prince of Wales» Corporate Leaders Group, Agency experts detailed how increased energy efficiency, phasing out least - efficient coal - fired power plants, investing more in renewables, ending fossil - fuel subsidies and cutting methane emissions can limit global warming to 2 degrees Celsius.

The failure of «cheap energy» is splitting Americans into two rival camps: one that is enthusiastic about needless subsidy of oil and gas and another that sees without fossil subsidies renewable sources and more fuel - efficient cars and trucks come out ahead in the Market.

«It also provided cover to some other G20 members — such as the Saudis and Russia — to weaken some climate sections of the document, including the pledge to phase out fossil fuel subsidies.»

Improving energy efficiency across the economy could strengthen energy security by decreasing the country's reliance on fossil - fuel imports, reduce pressure on public budgets that have historically shouldered billions of euros a year in energy subsidies (although some energy subsidies are now being phased out), reduce costs to consumers and improve the comfort and health of its residents.

In November 2015, the leaders of Asia - Pacific Economic Co-operation (APEC) economies, reaffirmed their landmark 2009 commitment to «rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption while recognizing the importance of providing those in need with essential energy services».

Accelerating research and development of renewable energy and energy efficiency, phasing out fossil - fuel subsidies and progressively putting an explicit price on carbon pollution were all key objectives agreed upon at the conference.

An unprecedented coalition of 36 governments, hundreds of businesses and influential international organisations has called today for accelerated action to phase out fossil fuel subsidies

Further, the Indian government has made major progress in its phase - out of fossil - fuel subsidies, of which the most important step has been a reduction of subsidies for imported oil, a shift that has accompanied the international collapse of oil prices.

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.

Clearly all subsidies of whatever type must be removed from fossil fuel and transferred to renewables and energy storage and a huge program must be put in place to re-train people put out of work in the fossil fuel industry to take their place in the renewable energy field.

New Zealand claim a top spot for rather hilariously, or not, urging countries to phase out fossil fuel subsidies while shelling out big bucks to prop up fossil fuel production to the tune of $ 80 million.

Phasing out these fossil fuel subsidies it would save 750 million tonnes of CO2 every year by 2015, up to 2.6 gigatonnes by 2035, Birol said.

Subsidies Not Going To Those That Need It Most As for the concern that in many developing nations keeping energy prices artificially low is needed to help raise people out of poverty, Birol noted that just 8 % of fossil fuel subsidies in 2010 went to the poorest 20 % oSubsidies Not Going To Those That Need It Most As for the concern that in many developing nations keeping energy prices artificially low is needed to help raise people out of poverty, Birol noted that just 8 % of fossil fuel subsidies in 2010 went to the poorest 20 % osubsidies in 2010 went to the poorest 20 % of people.

That's why we asked President Obama to come and lend his weight to a number of important outcomes - from phasing out fossil fuel subsidies to mobilizing $ 500 million to support clean energy access, to increasing support for reproductive health and contraceptive access (not to mention a host of others).

Phasing Out Subsidies Considered For A While Addressing the market - distorting and environmentally detrimental effect of fossil fuel subsidies has been on the table for sSubsidies Considered For A While Addressing the market - distorting and environmentally detrimental effect of fossil fuel subsidies has been on the table for ssubsidies has been on the table for some time.

It came across to many as a step back from the agreement of a G - 20 meeting last year in Pittsburgh, where leaders formally proposed phasing out subsidies for fossil fuels.

So fossil fuel reform seems to be a case of simple political will: government can use other forms of subsidy to ensure social cohesion, companies want a free market, and politicians — certainly the ones with loud voices in the USA — want government out of the subsidy business.

The government of Iran spent the most on promoting fossil fuel consumption in 2010, doling out $ 81 billion in subsidies.

An anti-coal symbol represented the demand for a phase - out of subsidies for fossil fuels.