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Tag: subsidies
Eliminating Energy Subsidies Could Reduce Emissions By 13 Percent
2013-04-27 19:44:00| Climate Ark Climate Change & Global Warming Newsfeed
Forbes: This is an interesting little paper arguing that one of the simple things we could do to reduce (even if not quite beat) climate change is simply to stop subsidising the use of energy. In fact, they argue that eliminating such subsidies could lead to a reduction of 13% in energy related carbon emissions: We estimate that eliminating energy subsidies, including tax subsidies, would lead to a 13% reduction in energy-related carbon-dioxide emissions. The International Energy Agency has made similar...
Tags: energy
reduce
percent
emissions
India Plans Subsidies to Boost Solar-Power Sector
2013-04-22 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Wall Street Journal: The Indian government will unveil proposed regulations Monday to create subsidies and expand a "Buy Indian" mandate to give a boost to its lackluster solar-power sector, putting it on a collision course with the U.S. The new rules will extend local content requirements, which so far have been restricted to a type of technology known as silicon wafers, to thin-film cells as well, Tarun Kapoor, joint secretary in India's Ministry of New and Renewable Energy, told The Wall Street Journal. The move...
Tags: plans
india
sector
boost
Subsidies heavily inflate Brazilian sugar industry, report says
2013-04-22 08:25:13| Sugar Industry News
WASHINGTON, April 17, 2013 - The Brazil sugar industry receives about $2.5 billion annually in direct payments and indirect assistance from its government while controlling 50 percent of the global market share of sugar exports, according to a report released today by the American Sugar Alliance.
Tags: report
industry
sugar
heavily
IMF Rejects Fossil Fuel Subsidies, Calls for Reform
2013-04-22 03:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Climate News Network: Fossil fuel subsidies provided by both rich and poor countries to keep their citizens happy are holding back the world economy, accelerating climate change and damaging the health of current and future generations, according to the International Monetary Fund. The worst offender of all is the United States, which allows annual subsidies of $502 billion on fossil fuels. China with $279 billion and Russia at $116 billion are the two next largest offenders. The IMF researched 176 countries to...
Tags: calls
reform
fuel
fossil
Solar trade war opens new front as India questions US subsidies
2013-04-18 11:27:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: The simmering trade row between the US and the EU and the emerging superpowers of China and India over renewable energy subsidy schemes opened up a new front yesterday, after India filed a series of concerns over US solar incentives with the World Trade Organisation. India is currently facing complaints from the US over a solar subsidy scheme that allegedly requires participating companies to comply with "local content requirements" that benefit domestic manufacturers. However, the Indian government...
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