Sentences with phrase «subsidies for renewable fuels»

The deal, long in the making after Entergy signaled it would shutter the FitzPatrick plant in 2017, comes after state regulators put the final approval on new subsidies for renewable fuels, including nuclear power, potentially worth millions of dollars.

Subsidies for renewable fuel use or green building certification can further sweeten the deal.

Not exact matches

Also in the Post, Terence Corcoran wonders whether Corn Cob Bob — the friendly spokesmascot for the Canadian Renewable Fuels Association — will survive its ongoing battle with the C.D. Howe Institute, which recently released a report questioning the environmental and economic justifications for corn ethanol subsidies.

In a 184 - page letter to Catholic leaders released Thursday, Francis warns of «unprecedented destruction of ecosystems, with serious consequences for all of us» and recommends renewable fuel subsidies and maximum energy efficiency to combat global warming.

Accelerate investment in renewables and end subsidies for any fuel that releases carbon into the air as breathe.

«His weak green light to renewable fuels, refusal to cut fossil fuel subsidies and his call for further imports, completely undermines last year's recognition of the need to end the nation's oil addiction,» she said.

In fact, the bill Obama voted for raised taxes on oil companies by $ 300 million over 11 years while providing $ 5.8 billion in subsidies for renewable energy, energy efficiency and alternative fuels.

The bill language also proposes changes to the Internal Revenue Service code that would terminate fossil fuel subsidies, extend renewable electricity production tax credits for wind - generated electricity and permanently extend a business energy investment tax credit for solar or wind energy technologies.

Continuing the $ 1 - per - gallon subsidy for cellulosic ethanol and the renewable fuel standards will also help.

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 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.

Fortunately, the relative added costs of today's renewable technologies are quite reasonable, especially if one factors in the subsidies that exist for fossil fuels and if we price carbon commensurate with the costs of its environmental damage.

These include ending subsidies for the fossil fuel industry, boosting energy efficiency, advancing renewable sources like wind and solar power and moving away from the idea that «drill baby, drill» is a solution.

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.

For instance, public investments that enhance energy efficiency or that promote switching to renewable fuels would help buffer consumers from fluctuations in future fuel costs while also driving deeper greenhouse gas reductions than subsidy removal alone.

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 resolution as it passed it would apply not only to all vehicle types but it would also apply to subsidies and mandates of all fuel types, so that would include, for example, the renewable fuel standard,» Ebell, who chaired President Trump's EPA transition team, said.

The «market conditions» that these ethanol producers are referring to is the fact that the average price of ethanol has dropped some 30 percent since May, as market subsidies combined with a lack of infrastructure for its delivery and use have created a surplus of the renewable fuel.

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.

Schreiber also defended subsidies for renewable energy: «Fossil fuels are a mature technology while renewable energy is nascent and still developing.

Research institute Verso Economics reveals that for every «green job» created by taxpayer subsidy, 3.7 jobs are killed in the real economy and that, thanks to the artificial rise in energy prices caused by renewable subsidies, at least 50,000 people a year in Britain alone are driven into fuel poverty.

Commentary: Fossil - fuel consumption subsidies are down, but not out Subsidies for fossil fuels are falling but remain much higher than those for renewables 20 Decesubsidies are down, but not out Subsidies for fossil fuels are falling but remain much higher than those for renewables 20 DeceSubsidies for fossil fuels are falling but remain much higher than those for renewables 20 December 2017

According to the IEA, global fossil fuel consumption subsidies are over twice as large as subsidies for renewable energy in 2015, which amounted to $ 150 billion globally — $ 120 billion for non-hydro renewables for power generation and about $ 30 billion for renewables in other sectors, primarily biofuels.

Energy companies reap even more subsidies for fossil fuel than for renewables.

«Germany has set up a system of legislation and subsidies to move away from fossil fuels toward renewable energy,» Martin Kaiser, executive director of programs for Greenpeace International in Berlin, told me.

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.

This is an interesting discussion: subsidies for renewables versus carbon tax versus (my personal preference) upstream regulation of the fossil fuel industry to drive the development of carbon capture.

The IEA itself in its policy recommendations does advise policy makers to eliminate fossil fuel subsidies to create a level playing field for renewables.

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.

So what we are really saying as scientists and technologists is that, how can we expect to have all the technological solutions in place — every single component — when there simply isn't a market demand for it; when the government is funding subsidies 10 to 1 in terms of fossil fuels to renewables.

Not sure this has or ever will translate into a vote for carbon pricing or support for stronger national or international emissions targets or even clear support for renewables and an end to subsidies for fossil fuel miners and big users.

There is room for improvement in the Parliament's position, both in ensuring priority access for all new renewables, and in fully eliminating all capacity mechanisms that function as hidden fossil fuel subsidies.

As a means of comparison, in 2011 alone the International Energy Agency estimated that global fossil fuel direct subsidies were worth $ 523 billion, compared to $ 88 billion for renewables.

Renewables» subsidies put sting into power bills The Australian Michael Owen 26 July 2016 Renewable energy output in Australia is subsidised by almost $ 3 billion a year, more than 19 times the amount for generation from fossil fuels, a report by an economic consultancy says.

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.

The researchers suggested switching $ 500bn in subsidies for fossil fuels worldwide to renewables as a «cost neutral» way to fast - track the energy transition.

But that remains a fantasy as long as renewable energy continues to be economically disadvantaged in favor of fossil fuel: In 2013, according to the International Institute for Sustainable Development, consumer subsidies to fossil fuels totaled $ 548 billion, compared to only $ 121 billion for renewables.

He objects to subsidies for renewables, but apparently not to those that are given to the fossil fuel industry.

Specific subsidies for ethanol and wind power have lapsed, perhaps temporarily, but both still receive valuable preferences in the form of the federal Renewable Fuel Standard and numerous state renewable portfolio sRenewable Fuel Standard and numerous state renewable portfolio srenewable portfolio standards.

But while the figure for fossil - fuel consumption subsidies may be coming down, it remains much higher than estimated government support to renewable energy: subsidies for renewables in power generation amounted to $ 140 billion in 2016.

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.

They are cited worldwide to justify swingeing fossil fuel taxes and subsidies for «renewable» 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.

First, the subsidies for nuclear and fossil fuels (for electricity generation) are negligible in comparison with the subsidies for renewables (per MWh of electricity delivered).

Moreover, I would suggest that those of us in «the electorate» who are well - informed about this issue are well aware that changes in public policy — including putting a price on carbon pollution, directly regulating GHG emissions, and providing effective support for the development and deployment of efficiency and renewable energy technologies on a scale at least comparable to the subsidies that fossil fuels have received for a century — are far more effective than the options that any individual can currently choose, and are in fact crucial to making more such options available to all of us.

Some would like to see these subsidies end, but I'd say that fossil fuel subsidies should be cut first; that would save more money, and be fairer since they've been around for decades while renewable energy is still a relatively small industry.

Increase investment in energy efficiency, renewables and carbon capture and storage technologies while eliminating subsidies for fossil - fuel industries.

Hence, if you want to change directions, you have to influence the politics — you have to work to prevent the Koch Brothers from destroying California renewable energy initiatives, you have to work to eliminate federal subsidies and liability caps for fossil fuel projects (which would mean that oil drillers would have to post $ 10 billion bonds for every deepwater project they initiated), and — for academic scientists — you have to lobby your academic administrators to cut their ties with shady fossil fuel interests like BP and Exxon, and work to open renewable energy research institutes at America's leading universities.

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.