Posts Tagged ‘Subsidies’

German Gov’t Agrees To Bailout Giant Loss-Making Wind Farm, UK Increases Subsidies

Reuters reports the German government, Siemens AG, and other parties will provide billions of euros in project-related guarantees to support Siemens AG’s struggling wind turbine division. This financial assistance comes just weeks after the company warned about mounting losses amid a meltdown across wind and solar industries.  Three people familiar with the talks said that Siemens Energy’s top […]

Khanna: ‘A Lot’ of EV Subsidies Going ‘Where Workers Are Not Represented’ and CEOs Are Making Tons

On Thursday’s broadcast of CNBC’s “Last Call,” Rep. Ro Khanna (D-CA) stated that “a lot” of the electric vehicle subsidies are “ending up in places where workers are not represented” while CEOs make a ton of money and companies have Source

“This Is Distorting Our Markets”: EU Opening Investigation Into Chinese EV Subsidies

“This Is Distorting Our Markets”: EU Opening Investigation Into Chinese EV Subsidies Apparently, things are going a little too well for the EV market in China, prompting the EU to launch an investigation into Chinese subsidies for electric vehicles, according to Bloomberg.  Because, you know, why let consumers benefit from competition when you can stoke the […]

Subsidies Corrupt Economies, China, A Cautionary Tale

Subsidies Corrupt Economies, China, A Cautionary Tale Authored by Bruce Wilds via the Advancing Time blog, China’s economy is in trouble. After seeing a video claiming much of China’s Electric Vehicle industry was built on subsidies that are now gone, I’m forced to ponder the legacy of these policies. It showed a factory in Chongqing, […]

Inflation, subsidies and Ukraine: Germany and France meet to overcome differences

Officials are meeting on the 60th anniversary of a landmark treaty that underpins today’s European Union. Source

Tunisia hikes cooking gas, fuel prices in bid to cut subsidies

Tunisia said on Saturday it is raising the price of cooking gas cylinders by 14% and fuel by 3% as part of a plan to reduce energy subsidies, a policy change wanted by the country’s international lenders, Reuters reports. The Energy Ministry said the cooking gas price will increase to 8.800 dinars from 7.750 dinars, in the first […]

Fossil Fuel subsidies nearly doubled in major economies between 2020 and 2021

Images Credit: Tribune Content Agency, LLC. Despite growing awareness of the climate crisis, fossil fuel subsidies actually rose significantly in 2021–increasing by almost half.  The reason, say the Organization for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA), is that the governments of major economies scrambled to help their residents in the […]

Fossil Fuel subsidies nearly doubled in major economies between 2020 and 2021

Images Credit: Tribune Content Agency, LLC. Despite growing awareness of the climate crisis, fossil fuel subsidies actually rose significantly in 2021–increasing by almost half.  The reason, say the Organization for Economic Co-operation and Development (OECD) and the International Energy Agency (IEA), is that the governments of major economies scrambled to help their residents in the […]

Rejection of Subsidies to Poor  To Benefiting Large Corporates

Currently  inIndian media an active debate is taking place in the country on  “frebbies”  or Subsidies given to poor.  The controversy  was first initiated by  PM Narendra Modi who warned the youth against being influenced by a “revari culture”. Soon  Mr. Upadhyaya,  a BJP  leader and a lawyer,  known for his communal hate speeches, moved […]

Protests rock Argentina as socialist government cuts subsidies

(NaturalNews) (Natural News) Protests erupted in the South American nation of Argentina over its government’s decision to cut government subsidies.The government led by President Alberto Fernandez had previously slashed subsidies in the energy sector based on household income in June. However, plans to extend these subsidy cuts to other programs did … [Read More…] Source

5.9 $trillion spent by governments on fossil fuel subsidies in 2020

As indicated by the International Monetary fund, greenhouse gas emissions are funded world-wide by government subsidies totaling $5.9 trillion in 2020, about 6.8% global GDP, expected to rise to 7.4% of GDP in 2025, or $11million a minute. In the view of some scientists fuel subsidies are ‘adding fuel to the fire of the climate crisis’. Hollow words by […]

China Open to Negotiations Over State Subsidies, Xi Jinping Says

Chinese leader Xi Jinping on Oct. 4 said the regime was open to talks about state subsidies to domestic industrial firms that has become a sticking point in U.S.-China trade relations. In virtual remarks at the opening of the China International Import Expo in Shanghai, Xi said China will keep an “active and open attitude“ […]

China Offering Cash Subsidies To Couples For Making More Babies Due To Population Decline

China’s controversial one-child policy has led to a major demographic crisis. To rectify the problem of population decline, now China is offering cash subsidies to couples for making more babies. While China is moving to provide incentives for more childbirths, Indian government on the other hand is set to introduce a new Population Control Law. Panzhihua city […]

Hardest Hit Businesses Call for Extension of Federal Wage, Rent Subsidies

OTTAWA—Canadian businesses hardest hit by the COVID-19 pandemic are calling on the federal government to extend emergency relief programs beyond the current deadline of June 5. The Coalition of Hardest Hit Businesses is calling for the federal wage subsidy and the federal rent subsidy programs to be continued until the end of the year. The […]

Youth Movement Summer Camps are on…subsidies available!

December 9, 2020 by J-Wire Newsdesk Read on for article The Australian Zionist Youth Council has announced summer camps will be going ahead. A youth movement summer camp is one of the most highly anticipated events in the annual calendar. Participants are surrounded by friends and memories are made to last a lifetime. Summer camps […]

Lebanon’s caretaker PM warns of ‘social explosion’ if subsidies on vital goods lifted

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Sierra Club to DNC chairman: End tax breaks and subsidies for fossil fuel companies immediately

Image credit: Aaron Cynic/NationofChange In a letter to Tom Perez, the Democratic National Committee chairman, the Sierra Club demanded the reinstatement of language originally included in its platform, which calls for the end of tax breaks and subsidies for fossil fuel companies. The letter condemned the Democratic Party’s actions and said that developing a platform […]

Leaked Trump Infrastructure Plan: Blueprint For Corporate Subsidies

Leaked Trump Infrastructure Plan: Blueprint For Corporate Subsidies Above Photo: Kristian Johansson/ Flickr The Trump administration’s plans to rebuild infrastructure in the United States have been leaked, and it appears to be as bad as feared. At least three-quarters of intended funding will go toward corporate subsidies, not actual projects. It is possible that no funding […]

Fossil Fuel Subsidies Are A Staggering $5 Tn Per Year

Above Photo: In this photo taken on November 19, 2015, smoke belches from a coal-fired power station near Datong, in China’s northern Shanxi province. Photograph: Greg Baker/AFP/Getty Images A new study finds 6.5% of global GDP goes to subsidizing dirty fossil fuels Fossil fuels have two major problems that paint a dim picture for their […]

Fossil fuel subsidies are a staggering $5 TRILLION per year!

Fossil fuels have two major problems that paint a dim picture for their future energy dominance. These problems are inter-related but still should be discussed separately. First, they cause climate change. We know that, we’ve known it for decades, and we know that continued use of fossil fuels will cause enormous worldwide economic and social consequences. […]

Offshore Wind Reaches Cost-Competitiveness Without Subsidies

But because offshore wind is at an earlier stage of development, “its prices can be expected to fall further, faster, thus improving its competitive position.” Indeed, McKinsey’s normalized wind farm data, which creates comparable figures for different sites based on water depth, site preparation, subsidies and other factors, shows how a combination of improvements could […]

Emory student gov. pledges ’emergency funds’ to help those ‘in pain’ over Trump chalking

Following the “unexpected chalking” which consisted of such phrases as, “Vote Trump 2016,” “Accept the Inevitable, Trump 2016,” and “Build the Wall,” about 40 students protested in front of the Emory Administration Building with signs saying “Stop Trump” and “Stop Hate.” “I’m supposed to feel comfortable and safe [here],” one student […]

Sarah Palin Gives Donald Trump Needed “Bump”

Former Governor and Vice Presidential Candidate endorses presidential candidate Donald Trump. On Tuesday, Former Alaska Governor Sarah Palin, the 2008 Republican’s vice president candidate, endorsed Donald Trump in his bid to become the Republican’s 2016 nominee for the presidency.  This endorsement came just 12 days before the Iowa caucuses scheduled for […]

Massive, multi-city ISIS attack wave to target large crowds… New Year’s Eve celebrations at heightened risk

About the author:Mike Adams (aka the “Health Ranger“) is the founding editor of NaturalNews.com, the internet’s No. 1 natural health news website, now reaching 7 million unique readers a month. In late 2013, Adams launched the Natural News Forensic Food Lab, where he conducts atomic spectroscopy research into food contaminants using high-end ICP-MS […]

Corporate Welfare is killing Australia

Heres some info people may not be aware of…Billionaire Campbell Newmans Mother….is an Ex Politician..still gets paid 3/4 of her parliamentary wage (indexed)…her Husband was a Politician…she still gets his parliamentary wage too. On top of that she also receives her late husbands War Pension…they are creaming it!   In America Here are the top […]

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