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Tag: subsidies
Canada handed out $22.1B in business subsidies since 1961
2013-07-24 20:27:00| Canadian Plastics Headlines
The federal government, through one department, has dished out to business $22.1 billion worth of what the Fraser Institute describes as corporate welfare over the past 50 years.
Tags: business
since
canada
handed
New Report Reveals Additional Fossil Fuel Subsidies Equaling $4 Billion Each Year
2013-07-22 21:36:00| Climate Ark Climate Change & Global Warming Newsfeed
EcoWatch: A new report released today by Oil Change International and Earth Track exposes a largely unaccounted for subsidy to the fossil fuel industry, valued at roughly $4 billion per year and growing. New analysis quantifies the value of tax avoidance by the fossil fuel industry through a corporate structure called master limited partnerships (MLPs). Though eliminated for most U.S. industries more than a quarter century ago, special rules protected eligibility for fossil fuels, and have allowed a growing...
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report
additional
fuel
Consumers to pay dirty coal power subsidies for years
2013-07-22 01:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Independent: Britains dirtiest coal power stations are to be allowed to bid for hundreds of millions of pounds worth of subsidies that could allow them to stay open well into the 2020s. Senior ministers are so worried about the possibility that the UK could suffer electricity blackouts over the next few years they have agreed to let Britains coal stations bid for capacity payment handouts paid for through peoples energy bills which could allow them to upgrade their facilities. If successful, the money...
Tags: years
power
pay
consumers
Wood fuel subsidies to be capped
2013-07-16 21:19:06| BBC News | Business | UK Edition
The UK government is turning away from its controversial policy of subsidising power stations to generate electricity from burning wood.
Tags: wood
fuel
subsidies
capped
Wood fuel subsidies to be capped
2013-07-16 21:19:00| Climate Ark Climate Change & Global Warming Newsfeed
BBC: The government is turning away from its controversial policy of subsidising UK power stations to generate electricity from burning wood. It is proposing that subsidies for bespoke biomass burning plants should be capped at 400 MW per plant. It will end subsidies for biomass burning in existing stations by 2027. There was an outcry in May when the BBC revealed that millions of tonnes of wood were being shipped from the USA to help meet Britain's renewables targets. Wood is classed a renewable...
Tags: wood
fuel
subsidies
capped
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