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Britain to change subsidies to boost offshore wind power

2013-12-04 00:54:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Britain boosted support for offshore wind farms on Wednesday to attract multi-billion pound investments and maintain its lead as the world's biggest offshore wind market, while it cut subsidies for wind parks built on land. The move comes just one week after Germany's RWE npower scrapped plans for a huge UK offshore wind project. The company said the new subsidy would not change its decision, because it was still seeking improvements in the technology. Under the new provision, the government...

Tags: change power britain wind

 

New Jersey, Maryland Appeal U.S. Court Rulings Against Power Generation Construction Subsidies

2013-12-03 19:14:38| ENR.com: Headline News

Challenges hinge on the federal role in interstate commerce, but states say regional pricing models do not encourage construction of new facilities.

Tags: power construction court generation

 
 

Why farming subsidies still distort advantages & cause food insecurity

2013-11-27 12:30:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: For developing countries, it seems, the more things change, the more they stay the same. Despite all the talk of global power shifts and the rise of emerging economies, the runup to the World Trade Organisation (WTO) ministerial meeting in Bali next week has once again forced developing countries on to the back foot despite having reason and ethics on their side. The recent inability to close a deal in Geneva before the talks reflects the intransigence of some governments the US in particular...

Tags: food advantages farming subsidies

 

Richest countries spent $74 billion on fossil fuel subsidies in 2011

2013-11-13 19:14:00| Climate Ark Climate Change & Global Warming Newsfeed

Mongabay: In 2011, the top 11 richest carbon emitters spent an estimated $74 billion on fossil fuel subsidies, or seven times the amount spent on fast-track climate financing to developing nations, according to a recent report by the Overseas Development Institute. Worldwide, nations spent over half a trillion dollars on fossil fuel subsidies in 2011 according to the International Energy Agency (IEA). "The status quo encourages energy companies to continue burning high-carbon fossil fuels and offers no...

Tags: countries spent fuel billion

 

Fossil fuel subsidies dwarf renewables support, favour rich

2013-11-09 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Mounting global fossil fuel subsidies distort the price of carbon, favour the rich in the developing world and amount to six times as much as subsidies for renewable sources of energy, according to a new report. "If their aim is to avoid dangerous climate change, governments are shooting themselves in both feet,' wrote Shelagh Whitley, author of the report and a research analyst for the Overseas Development Institute (ODI) based in London. The report was released on Thursday, days before member...

Tags: support rich fuel favour

 

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