Sentences with phrase «subsidize oil cost»

Countries like China have to subsidize oil cost to move the country forward.

Not exact matches

Is the «business as usual» approach — subsidizing fossil - fuel supply and nuclear energy and large hydro projects, maintaining low energy prices to consumers by keeping environmental and political costs «external,» propping up oil supply by every available means — part of the solution or part of the problem?

What I don't understand is why a one time investment of $ 50 - 200 billion worth of solar is too much when our current public / consumer investment in oil is well over half a trillion each year if you consider both the cost of the oil we consume and all the money spent to subsidize it at home while securing it overseas.

Our navy assumes the prime responsibility for securing the oil routes from the Middle East, effectively subsidizing its cost.

Sorry — but I actually didn't know to what extent Gene thinks that oil and coal are subsidized, how he would evaluate the cost of negative externalities associated with coal and oil, and whether the prices of coal and oil truly reflect their cost.

Even if [geo - engineering] were able to stabilize climate change — which is doubtful... We still would be addicted to imported oil, still would be subsidizing terrorism with our gas dollars, still would suffer the cost and supply traumas that are inevitable with finite resources, still would send our children off to die in resource wars, still would pollute the air and cause respiratory problems for our children, and still would wipe out species, many of them beneficial to us, as we invade their habitat.

And all of these options would spread even more rapidly if we stopped subsidizing Big Oil and Coal and put a price on carbon that reflected the true cost of fossil energy — either through the much - maligned cap - and - trade approach, or through a revenue - neutral tax swap.