Sentences with phrase «reduce subsidies for fossil fuels»

«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?»

The US and China will be key to the growth in PV, with the need for their governments to offer solar incentives as well as reducing subsidies for fossil fuels.

Not exact matches

A target of $ 250 million in reduced fossil fuel subsidies is our starting point, and a first step will be to allow for the use of the Canadian Exploration Expenses tax deduction only in cases of unsuccessful exploration.

Most fossil fuel people here now love carbon taxes, regulations for they increasingly improve profits, reduce risks or involve subsidies to investors.

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.

Approaches to encourage the greater uptake of low - carbon energy - supply systems include reducing fossil fuel subsidies and stimulating front - runners in specific technologies through active government involvement in market creation (such as in Denmark for wind energy and Japan with solar photovoltaic (PV)-RRB-.

Mandates and subsidies for fossil - fuel intensive biofuels such as corn - derived ethanol are so large that eliminating or reducing them would almost certainly do more than a carbon tax to curb these fuels» artificial price advantage.

The reduction of heat - trapping gas (greenhouse gas) emissions is stimulated by lowering existing subsidies that have the effect of raising emissions (such as subsidies to fossil fuel use) or by providing subsidies for practices that reduce emissions or enhance sinks (e.g. for insulation of buildings or for planting trees).

«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.

Sanders claims that his plan will reduce emissions by establishing a revenue neutral carbon tax, eliminating subsidies for fossil fuels and increasing them for renewable energy.

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.

Authoritative sources such as EarthTrack have placed the fossil fuel industry's tax and fiscal subsidies at around $ 25 billion a year, a figure that pales beside the roughly $ 1,000 billion (one trillion dollars) paid annually for coal, oil and natural gas burned in the U.S. Do the math: withdrawing those subsidies would lead to at most a 2 - 3 percent rise in the market prices of fossil fuels — scant incentive to reduce their use and concomitant emissions of CO2.

(For fossil fuels, tax assessed preferably at the mine or well, to reduce paperwork and make enforcement efficient (as opposed to the exhaust pipe)-- but then a compensating credit for fossil C used in materials unlikely to be oxidized, etc, with compensating tariff / subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRFor fossil fuels, tax assessed preferably at the mine or well, to reduce paperwork and make enforcement efficient (as opposed to the exhaust pipe)-- but then a compensating credit for fossil C used in materials unlikely to be oxidized, etc, with compensating tariff / subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor fossil C used in materials unlikely to be oxidized, etc, with compensating tariff / subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor biofuels, don't forget about cement production, don't forget about cows, etc.)-RRB-.

Since reducing GHGs, if done smartly, also saves money without reducing productivity, then there's really no excuse not to vigoroously pursue such strategies — rather than continue subsidies to fossil fuels (which we pay for April 15th, if not at the pump or on our utility bills, or at least we pan costs & eco-harms off to future generations).

Justice for the poor can be delivered by funding climate adaptation and mitigation activities in developing nations with at least US$ 160 billion per year, by a commitment to reduce overconsumption, wherever it exists, to equitable, sustainable levels and by eliminating developed countries» subsidies on fossil fuels and shifting them to renewable energy.

You have to pinch yourself when the government announces another new subsidy for the fossil fuel industry, not only because they so recently said that renewable energy should stand on its own two feet, but also because they're announcing this just days before the latest climate conference in Paris — at which world leaders will gather to try and hammer out a global deal to reduce emissions.

While some leading industrial countries have been reducing subsidies to fossil fuels — notably coal, the most climate disrupting of all fuels — the United States has been increasing its support for the fossil fuel and nuclear industries.

Many countries have turned to fossil fuel subsidies at some point or another to reduce energy costs in order to cut transportation bills, prop up industries, or finance household electrification, particularly for the poorest families.