Thẻ: Energy subsidies

Fossil Fuel Subsidies: WHY DO WE CARE ABOUT FOSSIL FUEL SUBSIDIES?

~ Đào Thu Hằng ~ Bình luận về bài viết này

IFM.org

Why do we care about fossil fuel subsidies?

Subsidies are intended to protect consumers by keeping prices low, but they come at a substantial cost. Subsidies have sizable fiscal consequences (leading to higher taxes/borrowing or lower spending), promote inefficient allocation of an economy’s resources (hindering growth), encourage pollution (contributing to climate change and premature deaths from local air pollution), and are not well targeted at the poor (mostly benefiting higher income households). Removing subsidies and using the revenue gain for better targeted social spending, reductions in inefficient taxes, and productive investments can promote sustainable and equitable outcomes. Fossil fuel subsidy removal would also reduce energy security concerns related to volatile fossil fuel supplies.

BACK TO TOP

Measuring Fossil Fuel Subsidies

Tiếp tục đọc “Fossil Fuel Subsidies: WHY DO WE CARE ABOUT FOSSIL FUEL SUBSIDIES?” →

Trillions Wasted on Subsidies Could Help Address Climate Change

~ Đào Thu Hằng ~ Bình luận về bài viết này

worldbank.org

WASHINGTON, June 15, 2023 – Trillions of dollars are wasted on subsidies for agriculture, fishing and fossil fuels that could be used to help address climate change instead of harming people and the planet, a World Bank report says.

The report, Detox Development: Repurposing Environmentally Harmful Subsidies, says global direct government expenditures in the three sectors are $1.25 trillion a year—around the size of a big economy such as Mexico. To subsidize fossil fuel consumption, countries spend about six times what they pledged to mobilize annually under the Paris Agreement for renewable energies and low-carbon development.

Tiếp tục đọc “Trillions Wasted on Subsidies Could Help Address Climate Change” →

Fossil Fuel Subsidies Surged to Record $7 Trillion

~ Đào Thu Hằng ~ Bình luận về bài viết này

IMF.org

Credit: Marcin Jozwiak/Unsplash

Scaling back subsidies would reduce air pollution, generate revenue, and make a major contribution to slowing climate change

Simon Black, Ian Parry, Nate Vernon

August 24, 2023

Fossil-fuel subsidies surged to a record $7 trillion last year as governments supported consumers and businesses during the global spike in energy prices caused by Russia’s invasion of Ukraine and the economic recovery from the pandemic.

Tiếp tục đọc “Fossil Fuel Subsidies Surged to Record $7 Trillion” →

Renewable Energy Doesn’t Get More In Subsidies Than Fossil & Nuclear Energy Have Gotten and Continue To Get

~ Đào Thu Hằng ~ Bình luận về bài viết này
Cleantecnica

January 26th, 2018 by 

This article is part of our “CleanTechnica Answer Box” collection. For some reason, there are certain anti-cleantech talking points that get thrown around over and over that are absolute bunk. We got tired of dealing with the same myths repeatedly and also saw others who spent time responding to these untruths in many discussions on CleanTechnica and elsewhere could use some help more efficiently and effectively doing so, so at the suggestion of a reader we created this resource in the same vein as Skeptical Science’s responses to global warming & climate change myths.

Myth: renewable energy gets subsidies whereas fossil fuels and nuclear energy don’t. Tiếp tục đọc “Renewable Energy Doesn’t Get More In Subsidies Than Fossil & Nuclear Energy Have Gotten and Continue To Get” →