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Tag Archives: stop fossil subsidies
How Australia’s largest fossil fuel subsidy could decarbonise mining
New modelling shows fuel tax credits paid to the mining sector will cost the economy a cumulative $37bn out to 2030. This money should be reinvested in decarbonisation. — Read on reneweconomy.com.au/how-australias-largest-fossil-fuel-subsidy-could-decarbonise-mining/ what will it take for @alboMP to do … Continue reading
Fossil Fuel Subsidies Surged to Record $7 Trillion IMF
Fossil Fuel Subsidies Surged to Record $7 Trillion — Read on http://www.imf.org/en/Blogs/Articles/2023/08/24/fossil-fuel-subsidies-surged-to-record-7-trillion is big spend on Defence in order to protect Government from the People? In comparison subsidies for Renewables less that 1T!!! The more this agony is prolonged, the … Continue reading
$13M Per Minute: Government Subsidies Speed Climate Change, Degrade Natural Assets
The more than US$7 trillion in subsidies that governments extend to fossil fuels, agriculture, and fisheries each year are causing widespread environmental degradation and worsening climate change—at the expense of human health and the global economy, the World Bank says. … Continue reading
Bloomberg Green – Bloomberg
Climate news and data-driven insights from Bloomberg’s global newsroom covering the latest in science, environmental impacts, zero-emission tech and green finance — with a focus on solutions. — Read on http://www.bloomberg.com/green Will government step up to subsidise premiums for insurance … Continue reading
A Solid First Step to End Fossil Fuel Financing
Canada keeps its promise to end taxpayer subsidies for international fossil fuel projects by December 31. The next steps matter, too. But this is still a win. — Read on energymixweekender.substack.com/p/a-solid-first-step-to-end-fossil Australia, no news, = bad news If Canada can … Continue reading
Posted in Events International, Events local
Tagged no new projects, stop fossil subsidies
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Fossil Fuel Subsidies to Consumers Nearly Doubled in 2021
Despite pledges to phase out inefficient fossil fuel subsidies, the world’s major economies moved to offset rising consumer energy prices in 2021 by nearly doubling consumer supports rather than investing in renewable energy. — Read on http://www.theenergymix.com/2022/08/31/fossil-fuel-subsidies-to-consumers-nearly-doubled-in-2021/ How sickening is … Continue reading
“Dangerous radicals:” UN takes aim at Australia over fossil fuels and climate lies
“Climate activists are sometimes depicted as dangerous radicals. But, the truly dangerous radicals are the countries that are increasing the production of fossil fuels,” Guterres said. “Investing in new fossil fuels infrastructure is moral and economic madness. Such investments will … Continue reading
Posted in Events International, Events National
Tagged global warming, Politics, stop fossil subsidies
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Australian fossil fuel subsidies surge to $11.6 billion 2021-22
Australian fossil fuel subsidies surge to $11.6 billion in 2021-22 – The Australia Institute — Read on australiainstitute.org.au/post/australian-fossil-fuel-subsidies-surge-to-11-6-billion-in-2021-22/ you need to let them know you know and help get rid of them
Origin slashes Qld drilling as soft gas market bites
The reduction in drilling rates at the Australia Pacific LNG venture comes as Shell took another write-down at its Prelude LNG project, underscoring the hit to producers from weak markets. — Read on http://www.afr.com/companies/energy/origin-slashes-qld-drilling-as-soft-gas-market-bites-20201030-p569zh …only drilled 23 wells this financial … Continue reading
Australia’s biggest carbon customers plan their escape from fossil fuels, but Morrison isn’t listening
Japan joins China in announcing a net zero emissions target. This is a big deal for Australia, which depends on fossil fuel exports, but its political leaders are not listening. — Read on reneweconomy.com.au/australias-biggest-carbon-customers-plan-their-escape-from-fossil-fuels-but-morrison-isnt-listening-96267/ Lord Seben, UK Chair Climate Crisis … Continue reading
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