Tagged with energy subsidies

New report on benefits of ending fossil fuel subsidies

New report on benefits of ending fossil fuel subsidies

To ensure the low-carbon energy transition it is necessary to address the use of subsidies for fossil fuels. A new study by the International Institute for Sustainable Development (IISD) Global Subsidies Initiative and the Overseas Development Institute (ODI) provides a comprehensive assessment of the adverse impact of such subsidies.   Ending Fossil Fuel Production Subsidies … Continue reading

Subsidies are slowing the energy transition

Subsidies are slowing the energy transition

Regularly we read about consumption or production subsidies that give fossil fuels a big advantage over low carbon alternatives. Clifford Krauss writes a good article in the New York Times about the difficulties in removing the, yet also on the impact of keeping them.   Global Governments, Loath to Change, Are Wasting Oil With Subsidies … Continue reading

US and China release fossil fuel subsidy peer reviews

US and China release fossil fuel subsidy peer reviews

There is a long road ahead to eliminating unnecessary subsidies to fossil fuels. Fortunately, China and the US have started the transparency process. The International Institute for Sustainable Development writes about the recently released voluntary peer reviews of both China and the United States.   IISD Welcomes Transparency on Fossil Fuel Subsidies by China and … Continue reading

Arguing against more support for renewables

Arguing against more support for renewables

It is always good to get different views on EiD. Ryan M. Yonk, an assistant professor of research at Utah State University and Jordan Lofthouse, a policy analyst at Strata, argue on The Hill website that the costs for making many renewable energy technologies more reliable are simply not worth it. I wonder if you … Continue reading

Business starts to raise concerns about UK government’s reduction of subsidies for renewable energy

Business starts to raise concerns about UK government’s reduction of subsidies for renewable energy

Pilita Clark writes a good article in the Financial Times about Siemens’ concerns about the British government’s scrapping of many subsidies for renewable energy. They worry that “doubt and uncertainty discourages investment decisions”   Siemens weighs into UK green energy row One of the world’s biggest industrial conglomerates has weighed into a row about green … Continue reading