We will fulfill Canada's G - 20 commitment to phase out
subsidies for the fossil fuel industry.
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.
heck you cant even get agreement on what consititutes
a subsidy for the fossil fuel industry or how to end them.
As of November 2011, a large majority of Americans (70 %) also opposed federal
subsidies for the fossil fuel industry (coal, oil, and natural gas), including majorities of Republicans, Democrats, and Independents:
The women - led network hopes to bring awareness to the threat climate change poses to reproductive justice, and to end U.S.
subsidies for the fossil fuel industry.
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.
Not exact matches
Fossil -
fuel subsidies drain government budgets, throwing up a fiscal wall that blocks state support
for clean energy while protecting the interests of the oil
industry.
Re # 43, A «collosal political jump forward» would be
for the US to strip all
subsidies from the
fossil fuel industry, and to strip all
subsidies from
fossil -
fuel intensive agricultural
industry as well (over $ 35 billion a year), and to deliver those
subsidies to solar, wind, and carbon - neutral agricultural
industries — as well as instituting a hefty carbon tax on all
fossil fuels, and agreeing to strict emissions caps, and mandating energy efficient technology in all areas.
The «
subsidies» that wind power has received to date are miniscule compared to the historic and ongoing
subsidies to nuclear power — and to the
fossil fuel industry,
for that matter.
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 exa
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 exa
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).
Subsidies to
fossil fuel industries are a huge problem, and have stood in the way of alternate energy development
for a long time.
They involve billions of dollars of
subsidies of
fossil fuel industries, of airport expansion and of road building, regulations which favour dirty technologies over clearn ones, granting planning permission
for coal fire stations but refusing it
for wind turbines, etc..
After all, governments currently spend about half a trillion dollars a year on
subsidies, mostly hidden and economically unsound,
for fossil fuels... yes, our taxes are paying
industries to burn coal and oil.
As an aside, it's galling that these grants and
subsidies are
for fossil fuel technologies, where environmental extremists are bound to claim they support the
fossil fuel industry, when, in fact, they are intended to bolster the EPA's war on
fossil fuels.
Tax credits, defined as a
subsidy by the World Trade Organisation, are a key route of support
for the
fossil fuel industry.
Major global insurance companies are urging G20 leaders to commit to a specific timeline
for rapidly phasing out
fossil fuel subsidies — something they've repeatedly failed to do over the years despite numerous promises to end support
for the
industry.
But we also said, will the
fossil fuel industry support putting their
subsidies on the Table
for review?
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
fossil fuel subsidies are
for an
industry that is mature and has probably realized any significant technological gains.
If you don't care to believe what the
fossil fuel and nuclear
industries are doing to our land, air, water, human health, AND how much they're stealing in
subsidies from taxpayers like me and (presumably) you every year, then you've lost the ability to think
for yourself.
The U.S. government is providing extensive support
for fossil fuel production on public lands and waters offshore, through a combination of direct
subsidies, enforcement loopholes, lax royalty collection, stagnant lease rates, and other advantages to the
industry, a new report released today finds.
[30] Epstein states his main sources of revenue vary «depending on what [he's] working on,» but in the «last year it's been a combination of public - facing (e.g., getting paid to write the book [The Moral Case
for Fossil Fuels]-RRB- and giving speeches, a lot of which are to
industry groups,» noting that he'd be willing to «work with anyone fighting
for freedom — but not
for subsidies.»
It calls
for a revenue - neutral carbon price, a 10 million person «clean energy workforce,» a 65 miles per gallon average
fuel economy
for cars and trucks by 2025, the construction of a nationwide high - speed rail network, a ban on oil drilling offshore and in the Arctic, and a phaseout of
subsidies to the
fossil fuel industry — all top items on environmentalists» wish lists.
The package also includes a number of tax
subsidies for the dirty biomass and
fossil fuel industries.
He objects to
subsidies for renewables, but apparently not to those that are given to the
fossil fuel industry.
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.
We want a climate strategy that will work
for people and the planet — that means
subsidies to the
fossil fuel industry and new infrastructure projects like pipelines have no place in Canada.
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.
Furthermore, an estimated 11 - 18 % of global
fossil fuel subsidies don't go towards directly lowering the prices that consumers pay, instead occurring in the form of tax breaks
for fossil fuel companies and other forms of indirect support
for industry.
GigaOm has an extensive report on
fossil fuel subsidies, which helps to explain: «when an
industry has been subsidized
for almost a century, as is the case with the
fossil fuel industry, the ways in which those companies are supported get numerous and complex.
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.
This is especially true of the
fossil fuel industry, whose
subsidies include such things as a depletion allowance
for oil pumping in the United States.
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.
As pressure mounts globally
for countries to end
fossil fuel subsidies, a reliable assessment of the potential impacts on investment and
industry finances will be crucial to guide policy.
This report is about exposing the G20 government use of public owned money (collected through taxation) on
subsidies for fossil fuel energy production, which is mostly propping up the income of privatised power producing infrastructure using or mining of
fossil fuels, both of which are inherently filthy
industries.