Sentences with phrase «subsidy reform»

The government has been clear about its intention to invest 60 percent of the $ 18 billion that it will reap annually from fossil - fuel subsidy reform into much - needed infrastructure programs.

In order to achieve lasting subsidy reform, governments need a constituency of support strong enough to withstand the calls to resume subsidies once oil prices begin to rise.

The study sets out a series of policy recommendations for both countries, and concludes that governments should not limit fuel subsidy reforms to technical measures.

Oil Prices, Political Instability, and Energy Subsidy Reform in MENA Oil Exporters by Jim Krane and Francisco Monaldi

Partner Country Series - Fossil Fuel Subsidy Reform in Mexico and Indonesia Overview of fuel subsidies with focus on transport fuels in Indonesia and electricity in Mexico

In contrast, research sponsored by the industry has found the effects of subsidy reform on U.S. oil production to be much higher, on the order of 15 %.

Close to 40 countries have endorsed the Fossil Fuel Subsidy Reform Communiqué, including Canada, Chile, France, Germany, Italy, Malaysia, Mexico, Morocco, Peru, the Netherlands, the Philippines, Samoa, the United Kingdom, the United States, Uganda and Uruguay.

The call for subsidy reform demonstrates the awareness of how harmful fossil fuel subsidies are environmentally, fiscally, and socially.

Subsidy reform by centralized governments like those in most OPEC countries is even more difficult, since concentration of authority also concentrates the accountability of the head of state.

Subsidy reform boosts revenue in India, Indonesia Phil Sharp, a former 10 - term congressman from Indiana and current president of the economic think tank Resources for the Future, said such critical examinations of energy subsidies and their broad societal effects are helpful in keeping the issue «out front» with policymakers.

This means 78 % of the subsidy was due to domestic pricing distortions which suggest that unilateral subsidy reform is in countries» domestic interests.

«The side event shed light on actions taken by different countries regarding carbon pricing and fossil fuel subsidy reform measures and tools, and how such efforts need to be further reinforced to address fossil fuel subsidies.»

Launched at COP 21 in Peru upon recommendation from CSOs and research institutes, the FFS CSO network aims to inform a growing number of advocates for fair and sustainable fossil fuel subsidy reform within their countries.

Over recent years, Indonesia's fuel and electricity subsidy reforms have made the country a leader in progress towards this commitment.

There will be a number of events focused on fossil fuel subsidy reform during COP 23 in Bonn.

Even Iran, which was pricing gasoline at one fifth its market price, dramatically reduced its gasoline subsidies in December 2010 as part of broader energy subsidy reforms.

The advantage of subsidy reform are significant and varied: appropriate energy prices would reduce global carbon emissions in 2013 by 21 % and fuel - related air pollution deaths by 55 %, while simultaneously boosting extra revenue of 4 % of global GDP and increasing social welfare by 2.2 % of global GDP.

«Navigating the Perils of Energy - Subsidy Reform in Exporting Countries» was authored by Jim Krane, the Wallace S. Wilson Fellow for Energy Studies at the Baker Institute, who specializes in energy geopolitics.

Much as signs across the United States remind Americans that highway construction and other infrastructure projects were funded through the American Recovery and Reinvestment Act to put Americans back to work during the recession, governments must help the public understand what they gain in return for subsidy reform.

Around 40 countries, 23 states or cities, and about 450 major companies implement some form of carbon pricing, and almost 30 countries have launched or accelerated fossil fuel subsidy reforms in the last two to three years.

«The economy did do well under Clinton, but that was because of other policies he adopted and in spite of the»93 tax increase,» Mitchell said, citing lower government spending as a share of gross domestic product, approval of the North American Free Trade Agreement and the World Trade Organization, welfare reform, farm - subsidy reform.

«Carbon emissions: Energy - subsidy reform can be achieved with proper preparation, outside pressure.»

The paper reviews the record of energy - subsidy reforms and argues that big exporters should reduce energy demand by raising prices, and that this can be done without undermining legitimacy of governments that depend on subsidies for political support.

issues related to energy subsidy reform and the challenges faced by policymakers, who must find ways to reduce direct energy subsidies without undermining domestic political support.

John Key, Prime Minister of New Zealand, said: «Fossil fuel subsidy reform is the missing piece of the climate change puzzle.

As with any subsidy reform, change will take courage and strong political will, but with oil prices at record lows and the global focus on a low carbon future — the timing for this reform has never been better.»

On the opening day of the UN Conference on Climate Change (COP21), New Zealand Prime Minister John Key formally presented the Fossil Fuel Subsidy Reform Communiqué to Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change (UNFCCC), on behalf of the Friends of Fossil Fuel Subsidy Reform, The Prince of Wales's Corporate Leaders Group and other supporters of the Communiqué.

Fossil fuel subsidy reform has been an important policy agenda ever since the December 2015 Paris Agreement.

Subsidy reform has been an important international policy agenda, especially ever since the December 2015 Paris Agreement on climate change that called on countries to reduce emissions.

- Energy Collective: From C20 to the G20: What We Need on Carbon Pricing and Fossil Fuel Subsidy Reform.

The level of denial exhibited in this report is extremely damaging to the efforts of fossil fuel subsidy reform, especially since the German government had been so vocal in advocating for effective carbon pricing and ending subsidies.

Some of the policy instruments that economists have long espoused, but politicians feared — carbon pricing and fossil fuel subsidy reform — are being implemented successfully around the world.

There's no mention of cap - and - dividend systems, or energy - subsidy reform, or the international finance and technology support systems that will be necessary if the Paris agreement is to deliver.

Estimates for global energy subsidies in 2011 have been revised to US$ 4.2 trillion, more than double the US$ 2.0 trillion previously reported in a 2013 IMF book, Energy Subsidy Reform: Lessons and Implications.

«Subsidy reform can lead to a more efficient allocation of resources, which will help spur higher economic growth over the longer term,» the IMF says — a strong argument in the ongoing climate of economic uncertainty that surrounds us.

The report also presents a Subsidy Reform Case, which assumes complete removal of fossil fuel subsidies in APEC by 2025, in order to see the impact of subsidy reform on the regional energy demand and CO2 emissions.

In an effort to provide guidance for APEC economies to implement subsidy reform further, this report provides an updated status of fossil fuel subsidies in APEC economies, tracking major recent subsidy reforms made in APEC economies, estimating value of fossil fuel subsidies in the region to identify where the challenge remains to further reform subsidies.

A January 2013 report from the International Monetary Fund (IMF), Energy Subsidy Reform: Lessons and Implications, demonstrates that a failure to include the externalities of fossil fuels — such as the impacts of climate change and public health — represents the majority of fossil fuel subsidies globally.

,:: U.S. House Farm Bill Draft Supports Subsidizing Sugar for Ethanol Production,:: Michael Pollan: The Government Makes You Fat,:: Cotton - Subsidy Reform Could Feed, Educate Millions Image courtesy of Lyndi & Jason;

Subsidy reforms are beginning in dozens of countries including Egypt, Indonesia, Mexico, Morocco and Thailand.