Fossil - fuelled electricity generation is profitable today thanks to
past subsidies from government.
Not exact matches
Over the
past couple of years, Emirates» expansion into the US market has been met with pushback
from a coalition lead by American, Delta, and United Airlines (the US3) that claim Emirates» growth has been fueled billions of dollars in
government subsidies.
The Bronx - based Parkash, who owns about 60 buildings, has collected more than $ 500,000 in Section 8
subsidies from the federal
government over the
past five years, according to the New York Post.
Michael Pattison, chief executive of the Royal Institution of Chartered Surveyors, says that in the
past two years the
government has spent more than Pounds Sterling 100 million collecting information on house values for the Council Tax and on land use so that farmers can claim
subsidies from the European Commission.
You may wonder why the
government finds the need to pursue such action since 1) U.S. carbon dioxide emissions have already topped out and have generally been on the decline for the
past 7 - 8 years or so (
from technological advances in natural gas extraction and a slow economy more so than
from already - enacted
government regulations and
subsidies); 2) greenhouse gases
from the rest of the world (primarily driven by China) have been sky - rocketing over the same period, which lessens any impacts that our emissions reduction have); and 3) even in their totality, U.S. carbon dioxide emissions have a negligible influence on local / regional / global climate change (even a immediate and permanent cessation of all our carbon dioxide emissions would likely result in a mitigation of global temperature rise of less than one - quarter of a degree C by the end of the century).
The
subsidy is aimed at those who earn between R3501 and R15 000 per month, have never benefitted
from any
government housing scheme in the
past, and are preapproved for a home loan with a registered financial institution.