fossil fuel subsidies Articles

  • The Energy Game is Rigged: Fossil Fuel Subsidies Topped $620 Billion in 2011

    The energy game is rigged in favor of fossil fuels because we omit the environmental and health costs of burning coal, oil, and natural gas from their prices. Subsidies manipulate the game even further. According to conservative estimates from the Global Subsidies Initiative and the International Energy Agency (IEA), governments around the world spent more than $620 billion to subsidize fossil ...


    By Earth Policy Institute

  • Renewables expert hits out at electricity supply subsidies for fossil generators

    One of the UK’s leading renewable energy specialists has accused the Government of “gross hypocrisy” over the electricity supply auctions that began this week - less than seven days after the UK signed up to the landmark Lima Accord designed to cut carbon emissions. The controversial auction - which will see up to £1.8 billion in subsidies given to obsolete ...


    By UrbanWind

  • Outlook palls for fossil fuel investments

    Like most central bank governors, Mark Carney, the Governor of the Bank of England, chooses his words carefully. So the financial community – and government policy makers − sat up and took notice earlier this month when Carney, addressing a World Bank ...


    By Climate News Network

  • Stop subsidies polluting the World

    Many subsidies are not only economically inefficient; they also harm the environment. Environmental NGOs have been calling for the removal of environmentally harmful subsidies for many years. The Parliament and Council of the European Union have also called for “reforms of subsidies with considerable negative effects on the environment”, in their Sixth Community Environment Action Programme.1 The ...

  • Time to come clean on energy subsidies?

    By Elisa Wood    What you don’t know will hurt you. That’s the message in Michael Lewis’ new book, “The Big Short,” which traces today’s worldwide economic downturn to a single problem: the secretive nature of prices in the subprime mortgage bond markets.   What’s this got to do with energy? Our industry has its own opaque ...

  • Support for fossil fuels remains high but the time is ripe for change

    Government support to fossil fuel consumption and production in OECD countries and key emerging economies remains high, at USD 160-200 billion annually, according to a new OECD report. This support is hampering global efforts to curb emissions and combat climate change. The ...

  • Subsidy reform to power U.S. clean tech

    Clean tech in the United States has been on the rise in recent years— even through the recession and other challenges. Increasing wind power, falling solar costs, expanding electric vehicle markets, government stimulus and other investments have built a global clean tech sector that topped ...

  • Energy taxes and subsidies: their implications for CO2 emissions and abatement costs

    Energy markets are often distorted, with the result that price does not equal the marginal social cost of production. Subsidies encourage consumption of energy and impose welfare losses independent of those arising from global warming. Fossil fuels, especially oil, are already taxed in many countries. The superimposition of a carbon tax on existing taxes could greatly increase the welfare loss ...


    By Inderscience Publishers

  • IMF Experts and Others Envision a World without Energy Subsidies

    The world continues to see the “costs” of fossil fuel use in the form of climate change impacts like heat waves, floods, and extreme weather. ...

  • Competitive without subsidies: Navigating the booming solar market in Chile

    By Susan Kraemer on Nov 11, 2014 Solar developers are flocking to the recently opened new market for renewable energy in Chile, a nation dependent on imported diesel, coal and gas, no fossil fuel subsidies and the world’s best insolation. But what are the on-the-ground challenges? Chile is a long narrow ...


    By FCBI Energy

  • Black Liquor – Green fuel or greenwash?

    Black liquor is not the product of a pot still in rural Tennessee, but a toxic by-product of the kraft wood pulping process. On May 20, 2009 Canada, together with the European Union, Brazil and Chile, wrote to the United States Congress urging them to repeal a tax credit for the use of black liquor as a biofuel on the basis that the credit is acting as a subsidy on the production of kraft pulp ...


    By McMillan LLP

  • Governments Spend $1.4 Billion Per Day to Destabilize Climate

    We distort reality when we omit the health and environmental costs associated with burning fossil fuels from their prices. When governments actually subsidize their use, they take the distortion even further. Worldwide, direct fossil fuel subsidies added up to roughly $500 billion in 2010. Of this, supports on the production side totaled some $100 billion. Supports for consumption exceeded $400 ...


    By Earth Policy Institute

  • Taxpayer dollars subsidizing destruction

    One way to correct market failures is tax shifting—raising taxes on activities that harm the environment so that their prices begin to reflect their true cost and offsetting this with a reduction in income taxes. A complimentary way to achieve this goal is subsidy shifting. Each year the world's taxpayers provide at least $700 billion in subsidies for environmentally destructive activities, such ...


    By Earth Policy Institute

  • Post-growth policy instruments

    This paper proposes a framework to evaluate post-growth policy instruments which gauges their capacity to lessen the pressure for growth emanating from the labour market and the state’s contradictory legitimisation and accumulation imperatives, whilst increasing societal well-being and reducing the biophysical throughput of the economy. It is argued that the most effective policies to do this ...


    By Inderscience Publishers

  • Biogas as an option for industrial applications

    Biogas is typically burned to produce electricity or used as vehicle fuel. This case study analyses possibilities to utilise biogas directly in industrial applications to replace current fossil raw materials. True industrial cases are analysed by considering economic impacts of using either landfill gas or gas produced from biomass. Utilisation of biogas is economically viable and technically ...


    By Inderscience Publishers

  • What’s undermining energy efficiency?

    Exhilaration swept through the energy efficiency industry as city after city, state after state and nation after nation set aggressive energy saving goals over the last several years. But with target dates nearing in certain jurisdictions, a more sober attitude now  permeates. Some governmentsare asking: Are we ...

  • Planetary crisis and to constraint carbon emissions

    Extreme weather patterns, glaciers melt and rising sea levels have been brought on by tonnes of carbon emissions.Such by-products of human activity stem chiefly from the burning of fossil fuels and fuel consumption by vehicle engines. As you are fully aware of the facts that belching emissions from all industries are unhealthy for a sustainable earth. The intergovernmental panel on climate change ...


    By PRC Global Pte.Ltd

  • Obama’s budget good for energy efficiency

    President Obama's 2013 budget caused a lot of smiles this week among energy efficiency advocates – even if it is more of a wish list than anything else. Obama calls for about $1.2 billion in spending for energy efficiency. What’s this mean to the energy efficiency industry? Kateri Callahan, president of the ...

  • Oil prices will rise without climate change deal

    International Energy Agency predicts price per oil barrel can rise to $135 by 2035 without agreement on global climate change policies. According to predictions done by the International Energy Agency (IEA), failing to implement ambitious global climate change policies and cut fossil fuel subsidies will see oil prices skyrocket over the next two decades. The IEA is the global body tasked with ...


    By Vital Efficienci Ltd.

  • Renewable energy technologies and climate change policies in India

    Fossil fuel use is the largest contributor to greenhouse gas (GHG) emissions, the primary cause of global climate change. India, with a large endowment of coal, has an energy system that is highly carbon intensive. Besides, large quantities of traditional biomass resources consumed for the energy needs of the vast rural population are exerting pressures on forests and village woodlots. Thus, the ...


    By Inderscience Publishers

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