Sentences with phrase «subsidising fossil»

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.

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.

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.

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.

Transportation accounts for nearly all of the subsidised fossil - fuel consumption.

«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!

Not exact matches

Since 1991, when the government started to subsidise alternatives to fossil fuel, nearly two dozen wind farms have been opened in Britain.

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.»

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.

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.

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».

• 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.

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.