Sentences with phrase «slash fuel subsidies»

Faced with dwindling profits from oil exports and a fiscal deficit, the government was forced to slash fuel subsidies in May 2008 — which at the time consumed 15 % of GDP.

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.»

While country - specific effects would be varied, IMF projects that eliminating post-tax subsidies for the most - polluting energy fuels, such as coal and gasoline, could raise government revenue by $ 2.9 trillion, while also slashing premature deaths from pollution - related diseases by more than 50 percent.

Efforts to drastically slash automobile emissions and fuel use within 40 years don't stand a chance without subsidies, technology improvements and more stringent government standards, according to a report by a panel of experts released Monday.

July 9, 2014 • Egypt's government has slashed subsidies on fuel.

The cost of annual federal fossil fuel production subsidies is equivalent to the projected 2018 budget cuts from Trump's proposals to slash 10 public programs and services that benefit some of the nation's most vulnerable children and families.

A new report from the Nordic Council of Ministers finds that redirecting fossil fuel subsidies toward the clean energy transition could help climate vulnerable countries reap major savings while slashing greenhouse gas emissions.

BONN - 11 May 2017 - A new report from the Nordic Council of Ministers finds that redirecting fossil fuel subsidies toward the clean energy transition could help climate vulnerable countries reap major savings while slashing greenhouse gas emissions.

(1) No False Choices: To Preserve a Livable Climate, We Need to Slash Both CO2 and Methane ASAP; (2) Oil Change International Report: Fossil Fuel Production Subsidies Exceed $ 21 Billion Annually in United States, have increased by 45 % under Obama's «All of the Above» energy policy; (3) Joint Economic Committee Hearing on «The Economic Impact of Increased Natural Gas Production» (video); (4) Leaked Trade Deal Document Shows EU Pressuring U.S. to Lift Crude Oil Export Ban; (5) Deep Decarbonization Pathways Project (DDPP) Presents Interim Report to UN Secretary - General Ban Ki - Moon.

(1) No False Choices: To Preserve a Livable Climate, We Need to Slash Both CO2 and Methane ASAP; (2) Oil Change International Report: Fossil Fuel Production Subsidies Exceed $ 21 Billion Annually in United States, have increased by 45 % under Obama's «All of... Continue reading →

Today, most Western governments are reining in their global warming policies, slashing their ruinously expensive subsidies to renewables and aggressively developing fossil fuels.

On Monday, the chief economist of the IEA urged the world to slash fossil fuel subsidies in non-OECD countries.