Government Subsidies And Untaxed Externalities. Is Elon Crazy Or Crazy Like A Fox?

Credit to Author: Steve Hanley| Date: Sat, 16 Nov 2024 14:04:05 +0000

The first time I ever heard the phrase “untaxed externalities,” it was when Elon Musk used it more than a decade ago. It is a term of art used by economists to describe things that have a cost that the people who make things don’t have to pay. But they … [continued]

The post Government Subsidies And Untaxed Externalities. Is Elon Crazy Or Crazy Like A Fox? appeared first on CleanTechnica.

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Why Are You Paying To Subsidize The Fossil Fuel Industry?

Credit to Author: Carolyn Fortuna| Date: Sat, 05 Oct 2024 14:14:18 +0000

How much are you willing to subsidize the government and prop up the fossil fuel industry? Governments across the world now spend a total of $2.6 trillion per year on subsidies that harm the environment, jeopardizing global climate and biodiversity targets. The public should not be paying at the pump … [continued]

The post Why Are You Paying To Subsidize The Fossil Fuel Industry? appeared first on CleanTechnica.

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Wasted Money & Sunken Assets: Subsidies and Financing for Fossil Fuels

Credit to Author: Michael Barnard| Date: Fri, 09 Aug 2024 18:23:47 +0000

Under the auspices of the India Smart Grid Forum, the think tank founded as an umbrella organization over India’s 28 state utilities to provide thought leadership, share leading practices, and bring international insights to India, I’m delivering bi-weekly webinars framed by the Short List of Climate Actions That Will Work. With the … [continued]

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IMF Head Advocates For End Of Fossil Fuel Subsidies At COP28 Climate Summit

Credit to Author: Steve Hanley| Date: Thu, 07 Dec 2023 23:36:25 +0000

Fossil fuel subsidies can be put to a higher purpose, the head of the IMF told delegates to COP28 in Dubai this week.

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The Numbers You Should Know About CleanTech & The Climate Crisis

Credit to Author: Carolyn Fortuna| Date: Fri, 24 Nov 2023 11:54:38 +0000

The global energy transition is progressing robustly, but it’s unlikely that timely climate goals delineated in the 2015 Paris Agreement … [continued]

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Taxpayers Give $400 Billion To Oil Companies Each Year, Enough For 91 Tesla Gigafactories

Credit to Author: Johnna Crider| Date: Sat, 21 Dec 2019 01:15:53 +0000

The article, noting that we spend $400 billion on oil subsidies globally, indicates that taxpayers want their governments to stop subsidizing this rich, over-mature industry, yet politicians keep the money funneling toward them

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