Sentences with phrase «tax subsidies for fossil fuels»

These measures include levying a price on carbon emissions, eliminating tax subsidies for fossil fuels and ending implicit subsidies, such as leasing federal lands that contain coal or oil at rates below the fair market rate.

Not exact matches

A target of $ 250 million in reduced fossil fuel subsidies is our starting point, and a first step will be to allow for the use of the Canadian Exploration Expenses tax deduction only in cases of unsuccessful exploration.

The bill language also proposes changes to the Internal Revenue Service code that would terminate fossil fuel subsidies, extend renewable electricity production tax credits for wind - generated electricity and permanently extend a business energy investment tax credit for solar or wind energy technologies.

Most fossil fuel people here now love carbon taxes, regulations for they increasingly improve profits, reduce risks or involve subsidies to investors.

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.

Well, the actual problem is that the externalities for that cheap fossil and nuclear fuel (not to mention gov subsidies and tax breaks) have not been factored in.

I think the way it works right now is on April 15th we pay for other people to lavishly emit GHGs through subsidies & tax breaks to fossil fuels.

Suffice to say that when you factor in all of the government subsidies and «externalities» (increased health costs from respiratory sickness, environmental degradation, etc; the stuff that we all have to pay for maybe not from our wallets but in our tax returns), the true price of fossil fuels is much, much higher than any individual or company pays.

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.

There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon price floor» — levied on fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up prices, make the UK uncompetitive and force the premature closure of coal - fired power plants, increasing the risk of blackouts.»

Mandates and subsidies for fossil - fuel intensive biofuels such as corn - derived ethanol are so large that eliminating or reducing them would almost certainly do more than a carbon tax to curb these fuels» artificial price advantage.

Such policies would encourage economic growth as the foundation for a cleaner environment, responsible development and use of fossil fuels until superior energy sources are found, and repeal of many of the regulations, subsidies, and taxes passed at the height of the man - made global warming scare.

With a renewal of the wind production tax credit, which is designed to establish parity with the subsidies for fossil fuels, growth could be even faster in the years ahead, creating thousands of new jobs.

Tax credits, defined as a subsidy by the World Trade Organisation, are a key route of support for the fossil fuel industry.

Sanders claims that his plan will reduce emissions by establishing a revenue neutral carbon tax, eliminating subsidies for fossil fuels and increasing them for renewable energy.

A recent IMF paper put the magnitude of subsidies for fossil fuel energy sources at $ 5.3 trillion worldwide in 2015, including both direct fiscal costs and implicit subsidies from the failure to charge for environmental damages or tax energy at the same rate as other consumption products.

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.

Other options include the transfer of IMF - created «special drawing rights» (reserve assets created by the International Monetary Fund that countries can exchange for hard currency) from rich to poorer countries, redirecting harmful fossil - fuel subsidies, reducing spending on ballooning military budgets, and taxing aviation and shipping.

The fossil - fuel support policies that governments use include direct subsidies, intervention in markets in ways that affect costs or prices, assumption of a part of companies» financial risks, tax reductions or exemptions, and under — charging for the use of government — supplied goods, services or assets.

Democrats believe the tax code must reflect our commitment to a clean energy future by eliminating special tax breaks and subsidies for fossil fuel companies as well as defending and extending tax incentives for energy efficiency and clean energy.

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 GENERATfor 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 GENERATFOR 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 GENERATFOR 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 GENERATFOR 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 GENERATFOR CONDENSATE — SUBSIDISED SUPPLY OF COAL - FIRED ELECTRICITY TO — ALUMINIUM SMELTERS — STATE ENERGY SUPPLY CONCESSIONS — ELECTRICITY PRICING STRUCTURES — SUBSIDIES FOR CENTRALISED GENERATFOR CENTRALISED GENERATION

The package also includes a number of tax subsidies for the dirty biomass and fossil fuel industries.

Compared to existing New Jersey state subsidies for solar at fifty times this amount per megawatt - hour, the proposed help for nuclear plants would provide outstanding environmental protection value while paying for itself through lower fossil fuel bills and retained in - state jobs and tax revenue.

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.

They are cited worldwide to justify swingeing fossil fuel taxes and subsidies for «renewable» energy.

(For fossil fuels, tax assessed preferably at the mine or well, to reduce paperwork and make enforcement efficient (as opposed to the exhaust pipe)-- but then a compensating credit for fossil C used in materials unlikely to be oxidized, etc, with compensating tariff / subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRFor fossil fuels, tax assessed preferably at the mine or well, to reduce paperwork and make enforcement efficient (as opposed to the exhaust pipe)-- but then a compensating credit for fossil C used in materials unlikely to be oxidized, etc, with compensating tariff / subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor fossil C used in materials unlikely to be oxidized, etc, with compensating tariff / subsidy for trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor trade between nations with differing policies; attempt at least approximate CO2eq tax for other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor other sources so as to not distort the market (don't encourage too much deforestation for biofuels, don't forget about cement production, don't forget about cows, etc.)-RRfor biofuels, don't forget about cement production, don't forget about cows, etc.)-RRB-.

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.

«Fossil fuel subsidies work against Canada's commendable progress in putting a price on carbon — they give money and tax breaks to the sources of carbon pollution that we're trying to scale back,» Amin Asadollahi, North American Lead on Climate Change Mitigation at the International Institute for Sustainable Development, said.