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Tag: subsidies
Early end for wind farm subsidies
2015-06-18 08:55:24| BBC News | Business | UK Edition
New onshore wind farms will be excluded from a UK government subsidy scheme from 1 April 2016 - a year earlier than expected.
VIDEO: Are India's food subsidies enough?
2015-06-15 01:27:23| BBC News | Business | UK Edition
Despite having one of the world's biggest food subsidy programmes, India has more undernourished people than anywhere else.
Tags: video
food
enough
subsidies
Morocco Bids to Axe Fossil Fuel Subsidies in Climate Pledge
2015-06-08 14:56:00| Climate Ark Climate Change & Global Warming Newsfeed
RTCC: Morocco, a desert kingdom that imports 90% of its energy, vowed to slash fossil fuel subsidies as its delivered its carbon-cutting pledge on Friday. The first Arab country to submit an "intended nationally determined contribution" in the UN lexicon, it will target up to a 32% cut in 2030 greenhouse gas emissions from business-as-usual levels. Slashing subsidies for oil and gas will be one of four main levers in overhauling its dirty energy sector, together with boosting renewables and ramping...
Tags: fuel
bids
climate
morocco
Australia given more $4 billion foreign subsidies for coal projects: Report
2015-06-02 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Morning Herald: Australia has received more than $4 billion in money from foreign governments to fund coal projects since 2007, according to a new report highlighting the extent to which wealthy countries are still financing fossil fuels. And Australian taxpayers have subsidised coal mines and power plants around the world to the tune of $1.4 billion through the Export Finance and Insurance Corporation, a government bank that helps finance Australian projects in other countries. Government-owned finance institutions...
Tags: report
australia
projects
foreign
UK renewable energy industry warns of legal action over subsidies
2015-06-01 18:20:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The UK renewable energy industry has warned the governments new climate secretary that she will face a legal challenge if she oversees the wilful destruction of the industry by retrospectively curtailing subsidies. Later this week, the Department of Energy and Climate Change will announce that the existing subsidy scheme for onshore wind power will be closed a year earlier than it was due to, according to a source close to the process. Such a move would be a major blow to the industry and...
Tags: legal
action
industry
energy
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