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Australia: Why does Australian PM Tony Abbott support fossil fuel subsidies?

2014-02-02 21:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The Australian Prime Minister Tony Abbott was only elected in September 2013, but already has a rapidly growing list of broken promises and inconsistent decisions regarding public funding support for private industry and non-profit organisations. This includes the Australian car manufacturing industry (Ford and Holden), scrapping the Home Energy Saver Scheme, axing $2.5 million in funding for community radio stations, stopped support for Caterpillar in Tasmania which has cost over 1000 jobs, and...

Tags: support australia australian tony

 

01.29.14 -- Subsidies Prop Up Unsustainable Energy System; Report Examines Pipeline Safety, Performance

2014-01-28 03:36:08| oilandgasonline News Articles

01/29/14Oil and Gas Online Newsletter

Tags: system report performance safety

 
 

Hefty Subsidies Prop Up Unsustainable Energy System

2014-01-23 02:16:57| oilandgasonline News Articles

Efforts by a variety of organizations to quantify global support for fossil fuels have generated estimates that range from $523B to over $1.9T, depending on the calculation and what measures are included.

Tags: system energy prop subsidies

 

Germany eyes swift cuts renewable energy subsidies

2014-01-20 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Germany's new energy minister has outlined cuts in subsidies to producers of renewable energy as the country wrestles with soaring costs from its nuclear power exit, according to a document obtained by AFP Sunday. Opposition MPs and the solar energy sector have already criticised the reforms due to be discussed by conservative Chancellor Angela Merkel's new "grand coalition" cabinet with the Social Democrats next week. Merkel took the surprise decision in 2011 to scrap nuclear power for renewables...

Tags: germany energy eyes cuts

 

Europe wants to block UK wind farm subsidies

2014-01-02 21:55:00| Climate Ark Climate Change & Global Warming Newsfeed

Telegraph: The European Commission is to order Britain to end wind farm subsidies. Officials have told ministers that the current level of state support for renewable energy sources must be phased out by the end of the decade. Taxpayer support for solar energy must also be cut, the commission will say. The commission, which oversees the European single market, is preparing to argue that the onshore wind and solar power industries are "mature' and should be allowed to operate without support from taxpayers....

Tags: europe block wind farm

 

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