A new report modelling the removal of fossil fuel subsidies in 20 countries showed such a move would reduce national emissions by an average of 11%. Rampant Fossil Fuel Subsidies The call for an end to renewable energy subsidies can often be heard reverberating around the world, with governments, lobbyists, … [continued]
A new report from the Organisation for Economic Co-operation and Development confirms the belief that government subsidies to the fossil fuel industry remain high. The new report, OECD Inventory of Support Measures for Fossil Fuels 2015, was revealed earlier this week, and details almost 800 spending programs and tax breaks currently used by … [continued]
America had 1.2 million green jobs open in Q1 2015, according to Ecotech Institute. Here’s why that tally could be a bad thing for the clean energy economy.
Originally published on RenewEconomy by Sophie Vorrath How large are global energy subsidies? The answer: quite a lot larger than we thought, according to new estimates from the International Monetary Fund, which puts the cost of subsidising fossil fuels at an enormous $5.3 trillion a year, or around $10 million … [continued]
Wealthy nations spend, on average, roughly 5 times more on export subsidies for fossil fuel technologies than for renewables, based on newly revealed data from the Organisation for Economic Cooperation and Development (OECD). Given that the European Union is home to many of these wealthy nations, but is also one … [continued]
In this critical year for climate, the United States has just obtained a superior information and action tool in UNPRECEDENTED: Can Civilization Survive the CO2 Crisis? David Ray Griffin spent almost three years researching and compiling this excellent summary of climate disruption and what people can do about it. Read UNPRECEDENTED, and you will discover the … [continued]
The UK government has, over the years 2010–2014, provided support totaling £1.76 billion (via Export Credit Guarantees) to fossil fuel industries abroad, according to a recent analysis from the EnergyDesk. Worth noting is the fact that these credit guarantees are, of course, backed by taxpayer money. Were you asked if … [continued]
Originally published on RenewEconomy. By Sophie Vorrath In the same week that a new study found that G20 nations, including Australia, were providing $US88 billion ($A102 billion) a year in subsidies just for fossil fuel exploration, another report – this time from the highly conservative International Energy Agency – has … [continued]
Governments of the G20 organisation are contributing approximately $88 billion towards the exploration of fossil fuels each year, despite the numerous cases against such a move, and despite numerous pledges to eliminate fossil fuel subsidies. This, according to a new report conducted by the Overseas Development Institute and Oil Change … [continued]
Matthew Stepp is nationally recognized for his work on energy and technology innovation. His current work is focused on carbon pricing. Join TalkSolar host Beth Bond, as Beth and Matt talk carbon pricing, carbon taxes, fossil fuel subsidies and national policy versus local policy. New Energy Internet Radio with Talk … [continued]
