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Wind and solar power subsidies 'still too high', says environment minister

2013-10-09 20:58:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A new environment minister who advised David Cameron on energy has suggested subsidies for wind and solar power are "still too high", amid growing speculation the Tories are planning an assault against green costs on energy bills. George Eustice, who had an energy brief on Cameron's policy board until this week, argued the current subsidy system needs to be replaced because it is not getting the best deal for consumers. He made the comments to the Western Morning News just before being appointed...

Tags: high power environment wind

IMF Experts and Others Envision a World without Energy Subsidies

2013-10-04 22:33:00| Climate Ark Climate Change & Global Warming Newsfeed

World Resources Institute: 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. While these costs are often overlooked in traditional economic modeling, a new book from the International Monetary Fund (IMF) quantifies them. The IMF found that energy subsidies paired with the negative impacts of fossil fuel consumption total $2 trillion annually. These subsidies are not only hurting the environment. According to IMF experts, theyre...

Tags: world without energy experts

How Can Farm Subsidies Be Made Fairer?

2013-09-27 02:00:00| ThePigSite - Industry News

ANALYSIS – Member states have agreed on key Commission measures which strive to maintain fair and practical farm subsidies through policy reforms this week. This is an increasing challenge as the boundaries of the common agricultural policy (CAP) extend over increasingly varied farming and political landscapes.

Tags: made farm subsidies fairer

IMF to shine light on 'murky cobweb of energy subsidies'

2013-09-26 01:44:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The head of the International Monetary Fund (IMF) has pledged to help boost the green economy and tackle climate change by highlighting the damage of misplaced energy subsidies. Speaking at a United Nations summit on sustainable development this week, Christine Lagarde, managing director of the IMF, said getting the pricing right for the green economy was crucial to delivering sustainable development. Lagarde said that while the IMF was not an environmental group, it could help to "shine a...

Tags: light energy shine subsidies