Sentences with phrase «with fuel subsidies»

Nestle (Malaysia) Bhd., a unit of Nestle SA, added 4.2 percent after Mahathir's coalition pledged to abolish the nation's current goods and services tax, along with fuel subsidies and minimum wage realignment.

Not exact matches

Over the past couple of years, Emirates» expansion into the US market has been met with pushback from a coalition lead by American, Delta, and United Airlines (the US3) that claim Emirates» growth has been fueled billions of dollars in government subsidies.
That's why analysts expect the government to look for operating expenditure cuts — such as cutting remaining fuel subsidies — even as it tries to keep up development spending and target lower - income households, often called the B40, or bottom 40 percent with incomes of less than around 2,500 ringgit a month.
His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of oil.»
Domestically, he moved forward on introducing land and labour reforms, and with the drop in crude oil prices, he has been able to reduce fuel subsidies.
Also in the Post, Terence Corcoran wonders whether Corn Cob Bob — the friendly spokesmascot for the Canadian Renewable Fuels Association — will survive its ongoing battle with the C.D. Howe Institute, which recently released a report questioning the environmental and economic justifications for corn ethanol subsidies.
In a 184 - page letter to Catholic leaders released Thursday, Francis warns of «unprecedented destruction of ecosystems, with serious consequences for all of us» and recommends renewable fuel subsidies and maximum energy efficiency to combat global warming.
With the government removing fuel subsidies and oil marketers refusing to sell diesel at pump prices, the cost of doing business in Nigeria is expected to double over the next three months especially as oil hits a benchmark price of $ 38 per barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-yWith the government removing fuel subsidies and oil marketers refusing to sell diesel at pump prices, the cost of doing business in Nigeria is expected to double over the next three months especially as oil hits a benchmark price of $ 38 per barrel with the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-ywith the International Monetary Fund (IMF) predicting a further drop to $ 20 per barrel by mid-year.
Presidency considers palliatives The Federal Government may go ahead with the withdrawal of fuel subsidy without the National Assembly's approval, The Nation learnt at the...
The project's original subsidy package claimed the building site was a brownfield because one corner of the property used to house a gas station with underground fuel tanks, On that basis, Uniland and Delaware North sought state tax credits that would have seen the state pay 100 percent of the project's property taxes for 10 years.
Though the shelter population began to reach historic peaks before de Blasio took office — fueled, in part, by the end of the Advantage rental - subsidy program that stranded people trying to transition, or remain out of, the shelter system — the mayor got hounded (by some, more than others) for his apparent stumbling with the issue.
The wind energy industry, where Britain could be a world leader, has been thrown into disarray by a published letter to Cameron calling on him to withdraw subsidies to renewable sources of energy and stick with nuclear and fossil fuels,
There were indications yesterday that the suspended House of Representatives ad hoc committee Chairman on Fuel Subsidy, Hon. Farouk Lawan may shock Nigerians with an evidence...
In some regions, solar panels and wind turbines are already competitive with fossil fuels without subsidies.
In Europe, biofuels are similarly supported with «environmental» subsidies and fuel mandates.
The bad air quality has prompted the Ministry of Finance and NDRC to negotiate with the oil companies about subsidies in order to encourage high - quality fuel.
$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.
Coming back to the problems with the study's methodology, perhaps the study's biggest failing is that it considers only the dollar value of subsidies to fossil fuel producers — not their real - world impact on fossil fuel production and investment decision - making.
I'll start with what hasn't been mentioned = fuel subsidies.
The subsidies include things like interest - free «loans» with no repayment obligation, free land or government assumption of fuel - hedging losses.
Later this week, I will work with my colleagues at the G - 20 to phase out fossil fuel subsidies so that we can better address our climate challenge.
I'll start with what hasn't been mentioned = fuel subsidies.
Fortunately, the relative added costs of today's renewable technologies are quite reasonable, especially if one factors in the subsidies that exist for fossil fuels and if we price carbon commensurate with the costs of its environmental damage.
Their critics say their stance, however well intentioned, will produce the real delays, given how much can be done now simply by cutting energy waste with tools already on the shelf — ranging from strengthening efficiency standards to eliminating billions of dollars in persistent fossil - fuel subsidies that continue to make coal and oil much cheaper than they really are when all their hidden costs are revealed.
By subsidizing fossil fuels here, along with providing subsidies for highways, spreading our communities out ever more widely in sprawling suburbs, and discouraging rapid transit development almost everywhere the U.S. has made sure that oil producers would be enriched around the world for as long as the pumps were working.
As we're seeing with corn based ethanol, the amount of subsidy is based entirely on political considerations and not on whether the fuel provides a public good.
In my view (and I've seen energy and environment close up in every election since Pres. Nixon's rather revolutionary Environmental Message of the early 1970s == too bad there was that third rate break in to spoil his record) the tests for all the candidates will be whether they will substiture oil taxes for off - oil subsidies, carbon taxes to level the whole field, and then and only then decide where we need to push or pull a bit (like with the fuel economy standards, long over due, and boy will they take a long time to arrive in full force.)
Furthermore, powerful actors with vested interests in fossil fuels are working to remove the incentives for wind power that has made it competitive with the dirty energy sector that enjoys billions of dollars in subsidies.
The US and China will be key to the growth in PV, with the need for their governments to offer solar incentives as well as reducing subsidies for fossil fuels.
In the near term, federal policy could: i) level the playing field between air captured CO2 and fossil - fuel derived CO2 by providing subsidies or credits for superior carbon lifecycle emissions that account for recovering carbon from the atmosphere; ii) provide additional research funding into air capture R&D initiatives, along with other areas of carbon removal, which have historically been unable to secure grants; and iii) ensure air capture is deployed in a manner that leads to sustainable net - negative emissions pathways in the future, within the framework of near - term national emissions reductions, and securing 2 °C - avoiding emissions trajectories.
Approaches to encourage the greater uptake of low - carbon energy - supply systems include reducing fossil fuel subsidies and stimulating front - runners in specific technologies through active government involvement in market creation (such as in Denmark for wind energy and Japan with solar photovoltaic (PV)-RRB-.
I have always been an advocate of a carbon tax along with the removal of all fossil fuel subsidies.
Algeria, United Arab Emirates (UAE) and China ranked eighth, ninth and tenth in fossil fuel consumption subsidies, respectively, with subsidies totaling $ 20.2 billion (Algeria), $ 17.6 billion (UAE) and $ 17.4 billion (China).
Russia ranked third with $ 39.6 billion in fossil fuel consumption subsidies, 44 percent covering natural gas and 56 percent going to electricity.
These commitments were made in recognition that inefficient fossil - fuel subsidies distort markets, impede investment in clean energy sources and undermine efforts to deal with climate change.
[3] The Indonesian government is planning to boost domestic use of biofuel including from palm oil, with extra subsidies and a mandatory target of 15 % biofuel blended into diesel fuel.
The European Commission today announced new subsidies for fossil fuels, with nearly $ 200 million for gas projects, as part of a larger package of energy investments for 2018.
Indonesia's fossil fuel consumption subsidies totaled $ 27.7 billion in 2014 with oil receiving the most (70 percent) and electricity, 30 percent.
The Carbon Tax Center is often asked why a carbon tax is needed; wouldn't removing tax subsidies be sufficient to let efficiency and renewables compete on even terms with fossil fuels?
After the government ended the fuel subsidies, prices for gasoline and other goods more than doubled, with gasoline jumping from $ 1.70 per gallon to $ 3.50 per gallon.
Combined with fair subsidies to renewables equal to the trillions of dollars in depletion allowances to the fossil fuel industries, or their fair elimination, the playing field becomes level.
GRAND RAPIDS, MICH. — Utility companies clashed with oil industry interests over electric vehicle and fuel subsidies at a meeting of the American Legislative Exchange Council (ALEC), a conservative political group, last Friday.
With lower EREI, some types of fossil fuels may be already draining resources from other parts of society through government's subsidies.
The «market conditions» that these ethanol producers are referring to is the fact that the average price of ethanol has dropped some 30 percent since May, as market subsidies combined with a lack of infrastructure for its delivery and use have created a surplus of the renewable fuel.
They might very well become cost - competitive with fossil fuels without subsidies (and they already are in some locations.)
This brief presents that in Egypt, spending on fuel subsidies was a drain on public finances with benefits skewing toward the rich and exacerbating inequalities.
Renewable technologies are already economically competitive with fossil fuels in a number of countries without subsidies.
«Before maybe the end of this decade, I see wind and solar being cost - competitive without subsidy with new fossil fuel
China will start reducing their pollution and also we will finally see the problem with the $ 500 billion / year fossil fuels subsidies being solved.
Renewable Energy World For at least the last 40 years, since the oil shocks in the 1970s, dealing with fossil fuel subsidies has been on the international agenda.
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