The decrease in the value largely reflects lower international energy prices of
subsidised fuels since mid-2014, as the gap between international benchmark and end - user prices is closed by decreased international prices of energy, but it also incorporates the impact of pricing reform.
In the Netherlands,
the subsidised fuel is expected to cut sulphur dioxide emissions from lorries by up to a quarter.
But many subsidies are poorly targeted, disproportionally benefiting wealthier segments of the population that use much more of
the subsidised fuel.
Not exact matches
The competition watchdog has also forced Coles and Woolworths to stop offering excessive
fuel discounts
subsidised by grocery profits, and has stepped in to unwind restrictive lease provisions that prevented rivals from opening stores.
Government transferred an amount of GH cents 484.3 million to partially settle foreign exchange under - recoveries owed the Bulk Oil Distribution Companies (BDCs), support the Strategic Stock Reserve Programme of Government, and to
subsidise premix and residual
fuel oil.
You can offer them universal childcare or universal winter
fuel allowance or universal education, but it doesn't mean they will be more willing to
subsidise unemployment benefits for example.
Few will shed tears, let alone blood, for the right of dukes to heat their ancestral homes with the help of the Winter
Fuel Allowance, or that of millionaires to
subsidise school fees by means of Child Benefit.
Just this week an International Monetary Fund report revealed that they are
subsidising fossil
fuel companies to the tune of $ 5.3 trillion a year — equivalent to 6.5 per cent of global GDP.
Since 1991, when the government started to
subsidise alternatives to fossil
fuel, nearly two dozen wind farms have been opened in Britain.
The US government would also have to
subsidise the manufacture of MOX
fuel so that it would cost no more than conventional uranium
fuel, says Holdren.
Ioin Lees, head of the Energy Technology Support Unit, which advises the Department of Energy, also confirmed that the European Commission has told the British Government that it can carry on
subsidising renewable energy after 1998, when present arrangements, known as the Non-Fossil
Fuel Obligation, are due to end.
If the government decides to continue
subsidising the nuclear industry, future investment in coal and other
fuels may be jeopardised.
Unfortunately both conservatives and liberals have
subsidised fossil
fuels, which are a senseless subsidy.
There's absolutely no real case to
subsidise fossil
fuels any more.
However other countries spend even more tax payer money on fossil
fuel subsidies of various forms, including
subsidising producers, tax credits, and keeping petrol artificially cheap.
The American tax payer spends billions
subsidising American fossil
fuel companies.
Until indirect land use change is fully taken into account, Europe will continue to
subsidise an alternative energy that is no better than the fossil
fuels it is designed to replace.»
Thankfully the shale boom stifled such US
fuel poverty that is seen throughout Europe and now Australia thanks to «unreliable» energy — wind and solar —
subsidised at 110 — 400 % in order to compete with hydrocarbon based
fuels.
It does not, for example, capture
subsidised research and development or subsidies for fossil
fuel production.
Even more mind blowing than that, increasingly fossil
fuels have to be
subsidised to compete with clean energy.
We believe this is an industry
fueled by the prospect of massive government mandated and
subsidised «profits», hiding behind a veneer of «the common good».
Another suggestion is for projects to provide or
subsidise efficient cooking stoves, which will decrease the use of wood for
fuel.
Close down fossil
fuels and
subsidise renewables as a matter of urgency.»
G20 countries are estimated to be spending $ 88 billion every year
subsidising exploration for fossil
fuels.
So we spend # 13.84 per household (per year) on clean new sources of energy, nearly three times as much more to clean up the mess the nuclear industry has already made and up to eight times as much to
subsidise fossil
fuels.
Meanwhile, IRENA notes that the ongoing
subsidising of fossil
fuels in many countries, combined with the failure so far for a carbon price to account for the true cost of burning fossil
fuels, means «today's markets are distorted».
Transportation accounts for nearly all of the
subsidised fossil -
fuel consumption.
• Kyoto Protocol • EU ETS • Australian CO2 tax and ETS • Mandating and heavily
subsidising ($ / TWh delivered) renewable energy • Masses of inappropriate regulations that have inhibited the development of nuclear power, made it perhaps five times more expensive now than it should be, slowed its development, slowed its roll out, caused global CO2 emissions to be 10 % to 20 % higher now than they would otherwise have been, meaning we are on a much slower trajectory to reduce emissions than we would be and, most importantly, we are locked in to fossil
fuel electricity generation that causes 10 to 100 times more fatalities per TWh than would be the case if we allowed nuclear to develop (or perhaps 1000 times according to this: http://nextbigfuture.com/2011/03/deaths-per-twh-by-energy-source.html • Making building regulations that effectively prevent people from selling, refurbishing or updating their houses if they are close to sea level (the damage to property values and to property owners» life savings is enormous as many examples in Australia are already demonstrating.
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.
The list is long and worth many billions (sorry for caps); — GREENHOUSE GAS ABATEMENT PROGM (Carbon capture)-- NON-RECOVERY OF PUBLIC AGENCY COSTS — PETROLEUM EXPLORATION TAX CONCESSIONS — RESEARCH AND DEVELOPMENT ASSISTANCE — DIRECT SUBSIDIES TO FOSSIL
FUEL PROJECTS — DIESEL
FUEL REBATE SCHEME — EXEMPTION FROM EXCISE FOR ALTERNATIVE
FUELS Ethanol production which is an energy sink)-- CONCESSIONAL RATE OF EXCISE FOR
FUEL OIL, — HEATING OIL AND KEROSENE — CONCESSIONAL RATE OF EXCISE FOR AVIATION
FUEL — EXCISE FREE STATUS FOR CONDENSATE —
SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERATION
Not to sound too cynical but I think we'll see
subsidised Coal to Oil production way ahead of policies that reduce the use of fossil
fuels — insuring a supply of oil being seen as urgent and Climate Change as less urgent.
On the other hand, the highly polluting fossil
fuel industry is heavily
subsidised and is a major cause of climate change and ocean acidification, but this does not seem to concern Mr Taylor.
The World Bank is spending billions of pounds
subsidising new coal - fired power stations in developing countries while acknowledging that burning fossil
fuels exposes the poor to catastrophic climate change.
It's going to cost the UK roughly the same amount of money to produce a «low carbon economy» over the next eight years as the entire world spends in a year on «
subsidising fossil
fuels» in a year.
«Also, governments continue to
subsidise the fossil
fuel industry with billions of Euros from public budgets, in order to keep energy from coal, oil or gas artificially cheap compared to clean alternatives.
So this means that the treasuries provide about B$ 100 to
subsidise fossil
fuels, but they get back B$ 800 in tax revenues and royalties!
Earlier this year the IMF estimated that when accounting for wider costs such as health, fossil
fuels are
subsidised globally by more than US$ 5 trillion per year.
By investing in the green sector, and in oil, and in «research institutes» who make loud noises in favour of policies and PR that will push up the price of fossil
fuel and
subsidise green energy, he's not simply backing both horses in a two - horse race; he's backing two horses in two, one - horse races.
Rightfully the net gov» t take from fossil
fuel production is a maximum to help gov; ts
subsidise renewables and help minimise and ultimately eliminate fossil
fuel greenhouse gas emissions.