Remove tag fossil-fuel-subsidies
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Analysis: Fossil Fuel Tax Programs to Cut Emissions Lead to Lots of Industry Profit, Little Climate Action

DeSmogBlog

Read time: 12 mins The fossil fuel industry and its investors have financially benefited from tax policies and subsidies designed to reduce the emissions from oil, gas, and coal — sometimes without taking the action required to tackle climate change.

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Carbon Capture Will Require Large Public Subsidies to Support Coal and Gas Power

DeSmogBlog

Read time: 9 mins In April, the Center for Global Energy Policy ( CGEP ) at Columbia University released a report concluding that, without major new subsidies from the American public, technologies for capturing heat-trapping carbon dioxide from coal and natural gas-fired power plants will remain uneconomical.

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Washington Petrochemical Plant Subsidies Would Violate Federal ‘Double Dipping’ Rules Say Environmental Groups

DeSmogBlog

Read time: 7 mins A plan to build a natural gas–fueled petrochemical plant in Kalama, Washington, ran into a new legal hurdle last week, as a coalition of environmental groups raised new objections to its construction. It has applied for funding from a controversial Department of Energy “Advanced Fossil Energy Projects” program — an $8.5

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Ending toxic fossil fuel subsidies

Business Green

Ending fossil fuel subsidies offers G7 members the chance to help the planet and benefit their economic future, writes explorer Bertrand Piccard of the Solar Impulse Foundation. Almost every government in the world imposes a tax on gasoline, and most people believe that fossil fuels represent a source of income for states.

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Could UK gas power stations still play a role on a net zero grid?

Business Green

Earlier this month, government figures confirmed that renewables ousted fossil fuels as the dominant source of power on Britain's grid for the first time ever in 2020, supplying 38 per cent of the island's power.

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Study: Heat pumps cheaper to install and run than gas boilers

Business Green

Nesta found that in the current operating environment, owning a heat pump could be £120 to £160 cheaper annually to run than a gas boiler, provided both the installation and heat pump itself are of high quality and the homeowner avails themselves of the £5,000 subsidy offered through the government's Boiler Upgrade Scheme.

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The UK's net zero target is under threat because there's no plan to pay for it

Business Green

On 10 May, Scotland's minister for zero carbon buildings, Patrick Harvie MSP, called on the UK government to rethink its " woefully inadequate " plans to insulate homes and tackle fuel poverty - central elements of the UK government's net zero strategy, which would eliminate 20.8 per cent of the UK's emissions if successful.