Sentences with phrase «world oil subsidies»
With world oil subsidies in the billions, and completely unsustainable, it is rather strange to suggest wind turbines «can not survive without subsidies».
http://www.climateactionprogramme.org/ Not exact matches
But thanks to the subsidy they get from Canada, refineries in Cushing often enjoy refinery margins, or crack spreads as they're known in the industry, that have been as much as five times what refineries on the Gulf Coast, which have to pay full world oil prices for their feedstock, operate with.
Energy stocks are subject to the world economic climate and demand for oil, unless you're talking alternative - energy stocks, which are subject to political risk regarding their subsidies and technological risk regarding whether or not their technologies pan out.
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.
If oil lost its subsidies, and solar power and similar options got them, would the world be better off?
As Lester Brown says in Plan B 4.0: A world facing economically disruptive climate change can no longer justify subsidies to expand the burning of coal and oil.
As oil prices have climbed, a number of countries have greatly reduced or eliminated subsidies that held fuel prices well below world market prices because of the heavy fiscal cost.
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.
Also, despite oil companies being the largest businesses in the world they still accept subsidies from the government... much more than wind turbine subsidies.
A new report by Oil Change International identifies billions of dollars in subsidies for fossil fuel exploration from the world's wealthiest countries.
Iran provides a classic example of extreme subsidies when it prices oil for internal use at one tenth the world price, strongly encouraging car ownership and gas consumption.
As oil prices have climbed, a number of countries that held fuel prices well below world market prices have greatly reduced or eliminated their motor fuel subsidies because of the heavy fiscal cost.
via:: BBC News Oil Arctic Could Contain 400 Billion Barrels of Oil World Oil Demand Growth to Outpace Non-Opec Supply Growth: IEA Hidden Oil Subsidies: We Need to END Them
After several years of using oil money to support wheat prices at five times the world market level, the government was forced to face fiscal reality and cut the subsidies.