by Natasha Lasky (World War Zero) In 2021, public subsidies for fossil fuels almost doubled to $700 billion, keeping a dying industry not just afloat, but thriving through a worsening energy crisis.
Tag "oil subsidies"
by Anthony Hennen (The Center Square/The Bradford Era) The biofuel industry could dramatically reduce tailpipe emissions from cars and improve air quality, but the effects of the pandemic and government subsidies
by Matthew Choi (Politico’s Morning Energy) Rep. Ro Khanna, who led the House Oversight Environment Subcommittee’s probe into the oil and gas industry earlier this year, wants to end tax
by Hyunjoo Jin (Reuters/Times Drive) The billionaire entrepreneur is escalating criticism about the administration and Democrats for a proposal to give union-made, U.S.-built electric vehicles an additional $4,500 tax incentive. Tesla
Daily on Energy: Call to End Oil and Gas Exploration Will ‘Come Back to Haunt Us,’ Top Analyst Warns
by by Jeremy Beaman and Josh Siegel (Washington Times) … He (Daniel Yergin, vice chairman of IHS Markit) also claimed IEA’s (International Energy Agency’s) report informed a decision by organizers
by Victoria Cuming and Maia Godemer (BloombergNEF) The Group-of-20 countries have made headlines in recent months with some new pledges to achieve “net-zero” CO2 emissions by 2050 or, in China’s case,
by Sara Schonhardt (E&E News) The United States committed today with other countries to stop financing fossil fuel projects abroad by the end of next year, in a seismic shift that
by Damian Carrington (The Guardiain) Trillions of dollars a year are ‘adding fuel to the fire’ of the climate crisis, experts say — The fossil fuel industry benefits from subsidies of
by Fred Pearce (China Dialogue) Hydrogen may have lost the race to fuel electric cars but it looks a likely contender to replace fossil fuels in trucks, ships, planes and
by María Paula Rubiano A. (Grist) Finally, we have the numbers and they’re not pretty, detailing how it doesn’t matter what price fuel is. — It’s not a secret that subsidies
by Savannah Bertrand (Environmental and Energy Study Institute) U.S. direct subsidies to the fossil fuel industry are estimated at roughly $20.5 billion per year, including $14.7 billion from federal subsidies and $5.8
by Kevin Crowley (Bloomberg News) The world’s publicly traded independent oil producers will make record profits this year, surpassing the levels reached when crude hit an all-time high near US$150 a
by Ashira Morris (Our Daily Planet) The G7 countries have spent more on fossil fuels than clean energy since last March, a new study led by the non-profit Tearfund shows. The seven countries (Canada, France, Germany,
(Our Daily Planet) The Biden administration released its detailed budget proposal on Friday and it contained $36 billion in total for climate, a huge increase in climate-related spending. According to the budget justification, the
by Naomi Jagoda (The Hill) … The White House is also proposing to eliminate tax preferences for fossil fuel companies and expand tax incentives for clean-energy production. Treasury said in
by Lili Pike (Vox) The American Jobs Plan proposes taking away major tax breaks for the fossil fuel industry. — One of the great ironies of climate politics is that America
by Alexander E. Kaufman (Huffington Post/Yahoo! News) … The 11-page Evergreen Action memo highlights the limits of what the Biden administration can do unilaterally. At least a dozen ideas proposed
by Kelsey Tamborrino (Politico’s Morning Energy) It’s climate day at the White House. President Joe Biden will unveil executive orders today designed to make climate change a national security priority
“Los Angeles is a natural focus for treaty organizers because of its unusually high concentration of oil infrastructure in an urban setting: The city is home to more than 800
by Jacques Leslie (Los Angeles Times) The Los Angeles City Council is poised to endorse a call for a global Fossil Fuel Non-Proliferation Treaty. … Signatory governments would agree to
by Ben Lefebvre and Kelsey Tamborrino (Politico) … Biden is expected to speed the adoption of electric vehicles and boost power line transmission networks that will open up new opportunities
by Kelsey Tamborrino (Politico’s Morning Energy) However, the emerging package has drawn the ire of progressive and environmental justice groups who are urging Democrats to walk away and try again next Congress.
by Jim Lane (Biofuels Digest) Anyone facing a carbon target or price wants to capture carbon. The advanced players are turning towards carbon capture and use — as a way to
by Senators Tom Udall (D-N) and Charles Grassley (R-IA) (New York Times) One hundred years ago, Congress passed the Mineral Leasing Act of 1920, setting up a system in which companies
(Biofuture) Bioenergy sector hailed as a ‘job creating machine’ at launch of BBEST 2020-21/BIOFUTURE SUMMIT II Virtual Conference; Unique conference brings together world-leading policies, innovation, science and market analysis across the
by Timothy Gardner (Reuters) … Biden has said axing fossil fuel subsidies will generate money to help pay for his broader $2 trillion climate plan. While Biden can take executive action
by Dino Grandoni with Alexandra Ellerbeck (Washington Post) Joe Biden said he wanted a “transition” away from the oil industry. But the oil industry itself thinks it can still work
by Steve Melink (Melink Corporation) … But about half of conservative Republicans, who represent that party’s majority, advocate increasing the production of fossil fuels oil, coal and natural gas. Steve Melink
by Kelsey Tamborrino (Politico’s Morning Energy) Joe Biden and key Democrats in Congress say they want to use the trade agenda to fight global warming if they win the White
by Kelsey Tamborrino (Politico’s Morning Energy) Night 3 of the Democratic National Convention featured a lengthy 11-minute take on Joe Biden’s climate and clean energy strategy that hammered home some of
(OK Energy Today/Politico) Environmental activists are complaining that the Democratic Party’s policy platform sent to delegates ahead of a final vote this week omits a call to end tax breaks and
(Biofuture Platform) Principles have been designed to help economies create jobs in a sector severely hit by the crisis — The Biofuture Platform, a twenty-country, multi-stakeholder initiative, announced today the launch
(KMA Land/Iowa Agribusiness Radio Network) … During a virtual forum with the Iowa Farmers Union on Wednesday, Third District Congresswoman Cindy Axne was asked whether fossil fuel companies should be eligible
(Office of Representative Ilhan Omar (D-Minn.)) Rep. Ilhan Omar (D-Minn.) and Sen. Bernie Sanders (I-Vt.) together with Sen. Merkley (D-Ore.), Sen. Markey (D- Mass.) and Rep. Barragan (D-Calif.) introduced legislation to
by Kelsey Tamborrino (Politico’s Morning Energy) G20 nations — which account for 80 percent of global greenhouse gas emissions — have committed a total of at least $150 billion to
(Solutions from the Land) … Compared to the relief that is being considered for the oil industry, it is still a meager response. Changes made late last month by the Federal
by Jim Talent (The Gazette) … Oil companies have requested special access to a $600 billion lending facility at the Federal Reserve, and the administration seems keen to deliver. The
by Kelsey Tamborrino (Politico’s Morning Energy) Maryland Rep. Jamie Raskin led 60 Democratic lawmakers in a letter to House leadership Monday opposing any efforts by the fossil fuel industry to use Covid-19 recovery legislation to
by Emily Holden (The Guardian) Revealed: Oil and mining firms – some with ties to Trump officials – taking advantage of funding, review shows — US fossil fuel companies have taken
by Allison Good, Taylor Kuykendall and Dan Testa (S&P Global) … The coronavirus pandemic may accelerate a shift from fossil fuel spending to investments in renewable energy, but the pace of
by Saleha Mohsin, Ari Natter and Jennifer A. Dlouhy (Bloomberg/RigZone) The Trump administration may announce as soon as Thursday a plan to offer loans to the ailing oil industry possibly in
by Jacqui Fatka (Feedstuffs) … (Former Agriculture Secretary Tom) Vilsack said the biofuel industry hasn’t been invited to the White House like the airline or oil industries have to discuss
by Adele Peters (Fast Company) … Fracking companies have lost billions over the past decade. Some investors may be even more reluctant to invest in the sector now. “I think
by Doug Durante (Clean Fuels Development Coalition/Biofuels Digest) … I want build on the theme that now, when we’ve been knocked down and are on the mat is when we need support,
by Larry Lee (Brownfield Ag News) An ag economist expects Washington lawmakers will be revisiting the Renewable Fuel Standard. Scott Irwin with the University of Illinois says, “I think we’re going to
by Will Englund (Washington Post) President Trump said Tuesday he has ordered his administration to come up with a plan to provide federal assistance to the oil and gas industry
(Renewable Fuels Association) As the COVID-19 pandemic and crude oil glut continue to ravage world fuel markets, U.S. ethanol sales in 2020 could fall by more than $10 billion and the
“It’s worth remembering that Wall Street can make money even when the businesses that they are funding don’t make money,” explained Saudi America author Bethany McLean in this Strand Book
by Cindy Zimmerman (Energy.AgWired.com) U.S. ethanol producers struggling with the largest downturn in the history of the industry were disappointed to hear that the new $19 billion USDA aid program will provide no
by Matt Carr (New Energy America/The Hill) The novel coronavirus pandemic could not have come at a worse time for America’s clean energy industry. After overcoming years of attacks by the Trump
by Kelsey Tamborrino (Politico’s Morning Energy) … Both the House and Senate have begun work on surface transportation bills ahead of a September deadline to act, but lawmakers haven’t been
by Gabby Brown (Sierra Club) The latest version of the most comprehensive report on global banks’ fossil fuel financing, Banking on Climate Change 2020, was released today (March 18, 2020), revealing that 35
(Office of Senator Chuck Grassley (R-IA)) On the 100 year anniversary of the Mineral Leasing Act, senators introduce the Fair Returns for Public Lands Act of 2020 to modernize the
(Bangkok Post) The Energy Ministry plans to revoke the seven-year time frame for terminating the subsidies for biofuels, expecting to amend the State Oil Fund Act of 2019 within two years. Viraphol
by Marc J. Rauch (The Auto Channel) This past Saturday, a media outlet called THE ATLANTIC published an anti-ethanol editorial titled “STOP THE ETHANOL MADNESS.” … The following is my rebuttal
by Marc J. Rauch (The Auto Channel) … Several weeks ago I had the opportunity to write to Chris (Edewards) regarding an anti-ethanol editorial he wrote for the Cato Institute
(Organization for Economic Cooperation and Development) Taxing polluting sources of energy is an effective way to curb emissions that harm the
by Miro Korenha (Our Daily Planet) … Mayor Pete Buttigieg revealed his climate plan, a comprehensive vision to tackle some of the
by Jim Lane (Biofuels Digest) In New Jersey, Senator Cory Booker announced that, if elected as US President, he would “Immediately
(University of Leeds) An evaluation of the global energy return on investment for fossil fuels and renewable sources reveals a
by Robert Rapier (Forbes) … The ethanol industry would argue that if refiners weren’t being forced to blend ethanol, they wouldn’t.
by Geoff Cooper (Renewable Fuels Association/Washington Post) I was surprised to see in Catherine Rampell’s July 26 op-ed, “The Grand Old
by Clayton Coleman and Emma Dietz (Environmental and Energy Study Institute) A recent analysis published in Nature Energy found that continuing current fossil fuel
by Dino Grandoni and Steven Mufson (Washington Post) … GM, like a fleet of other car manufacturers, is seeking the extension of a
(Our Daily Planet) When it comes to climate policy, Governor Jay Inslee already has a plan to address nearly every element of the
by James Ellsmoor (Forbes) The fossil fuel lobby has actively worked in many countries to protect their subsidies and avoid the
(Axios) … International Energy Agency data shows that worldwide subsidies that lower consumer costs for fossil fuels grew to over $400 billion
by Christian Wallace (Texas Monthly) … I was riding shotgun with Josh Snow, an old friend who’s worked his way up
by Dino Grandoni (Washington Post) It is one of most popular plans among economists for addressing climate change. Many Democrats have embraced
(Argus Media) US presidential candidate Beto O’Rourke wants the country to slash its greenhouse gas emissions to near zero over the
by Liz Gyekye (BioMarket Insight) “Please stop all subsidies to fossil fuels. In 2016, €56 billion went from EU member states
by Mike Carr (The Hill/New Energy America) … In fact, he (oil tycoon Harold Hamm) significantly undercounted the depth of the U.S.
by Arlin E. Gyberg (StarTribune) The biofuels industry over the last 30 years has produced more product using less energy and
by Erin Voegele (Ethanol Producer Magazine) A group of advanced biofuel producers are urging leaders of the U.S. House Committee on
by Jim Lane (Biofuels Digest) … “Pretty intense I’d say. Good.” notes Climate Ethanol Alliances’s James Cogan. “We’ve been in a
by Jonathan Watts (The Guardian) Coal, oil and gas subsidies risking rise in global temperatures to 3.2C, well beyond agreed Paris
As Cassidy Walter of the Iowa Renewable Fuels Association points out in a recent Gazette op-ed, “In fact, not only
by Cassidy Walter (The Gazette/Iowa Renewable Fuels Association) As an outspoken libertarian in favor of open markets, it is unfortunate that in a
(Energy Today/OilPrice.com) In 2002, oil prices were hovering around $20 per barrel and then rose almost continuously until mid-2008 when the
by Joshua S Hill (Clean Technica) New research has shown that the United States continues to subsidize the production and consumption
by Emma Foehringer Merchant (GreenTechMedia) Expanded credits in the budget bill could “absolutely make the difference” for the economic viability of carbon
by Emily Atkin (The New Republic) The legislation is a boon to fossil fuel companies not only because of what
by Jessie Stolark (Environmental and Energy Study Institute) On November 2, House leaders announced their Tax Cuts and Jobs Act (H.R. 1). Among
by Jim Lane (Biofuels Digest) … In the biggest news sweeping the floor at ABLC Next 2017 and perhaps the biggest
by Randy Krehbiel (Tulsa World) Environmental Protection Agency Administrator Scott Pruitt may have declared an end to the “war on coal”
Peter Erickson, Adrian Down, Michael Lazarus & Doug Koplow, in a Nature Energy article, find that at recent oil prices
by Peter Erickson, Adrian Down, Michael Lazarus & Doug Koplow (Nature Energy) Countries in the G20 have committed to phase out ‘inefficient’
(Oil Change International) A new report by Oil Change International reveals that U.S. taxpayers continue to foot the bill for more
by John Abraham (The Guardian) A new study finds 6.5% of global GDP goes to subsidizing dirty fossil fuels —
(Oil Change International/PriceOfOil.com) New report provides first-ever analysis of public financing for energy projects — Each year, G20 countries provide
(Oil Change International) Study finds $7 billion per year in direct subsidies and tens of billions in liabilities — The
by Bob Dinneen (Renewable Fuels Association/Cleveland.com) Robert Chase may be a well-qualified petroleum engineer (“Remove the ethanol albatross from around
(Climate Change News) Ministers from countries on the front line of climate change have urged rich nations to stop pouring
by Trent Loos (High Plains/Midwest Ag Journal) … While there is a lot to be discussed, today it is the
by Brad Plumer (Vox) … They start with the big picture: To hit the Paris climate goals without geoengineering, the world
by Alister Doyle (Reuters) Investors and insurers with more than $2.8 trillion in assets under management on Wednesday called on
Ending Fossil Fuel Production Subsidies Cuts Greenhouse Gas Emissions by 37 Gt over 2017-2050; Study
(International Institute for Sustainable Development/PressReleasePoint) A complete removal of subsidies for the production of fossil fuels today would result in
(Triangle Biofuels Industries, Inc.) For most, it’s hard to guess what is going to happen for biodiesel under the Trump
by Geoff Cooper (Renewable Fuels Association/News-Leader) The production of ethanol does not use food-based feedstocks, and the U.S. ethanol industry has
by John Stang (Geek Wire) Two major steps in Washington’s infant jet biofuel industry are expected to take place in
by Mark Sponsler (Colorado Corn/Greeley Tribune) … In spite of its supporters being hugely outspent, the RFS passed based on the common-sense
(Science 2.0) Ever since the 1973 oil embargo, U.S. energy policy has sought to replace petroleum-based transportation fuels with alternatives.
by Anthony Adragna (Politico’s Morning Energy) … YOU BUILD ME UP: The Global Commission on the Economy and Climate released
(Advanced Biofuels Canada/Newswire) A controversial report was released today (October 4, 2016) by Canada’s Ecofiscal commission that misses the mark
China, US Set to Release Review of Each Other’s Fossil Fuel Subsidies in Historic Move at G20 Summit
by Li Jing (South China Morning Post) The cross-checking system between world’s two worst carbon polluters will be the first
by Alister Doyle (Reuters) Investors managing more than $13 trillion of assets urged leaders of the Group of 20 on
by Mike Chisam (The Hays Daily News) A recent article in the Hays Daily News, titled “Subsidized madness,” makes erroneous claims
by Gilbert E. Metcalf (The Hill/Tufts University) … Proponents of reform argue that eliminating tax preferences for producers of oil and gas
by Joanna Schroeder (Energy.AgWired.com) A new report released this week by the Competitive Enterprise Institute (CEI) is arguing that the
by Ron Kotrba (Biomass Magazine) More than 40 national organizations have called on Congress to end more than a century
by Bob Dinneen (Richmond Times-Dispatch) … Joe Geiger’s recent Business Principles 101 column on business fads contained a number of
by Erin Voegele (Ethanol Producer Magazine) REN21 recently published its annual overview on the state of renewable energy, reporting 2015
by Karl Mathiesen (The Guardian) Leaders of the UK, US, Canada, France, Germany, Italy, Japan and the EU urge all
by Mike Lefever (Post Independent/Citizen Telegram) … In the end, though, I hope your take away is the same as mine; there’s
by James Cogan (Biofuels Digest/Ethanol Europe Renewables Ltd.) … The European Commission in Brussels is right now putting the finishing touches
(Renewable Fuels Association/Ethanol Producer Magazine) … While hardworking Americans will receive an average of more than $2,800 in refunds, did you
(European Biomass Association) AEBIOM answer to the European Commission Public Consultation – A sustainable bioenergy policy for the period after 2020 —
by Joanna Schroeder (DomesticFuel.com) Today is Tax Day. While many Americans will receive a modest refund, oil producers are raking
(Wall Street Journal) Koch Industries’ Director of Environmental, Health and Safety Sheryl Corrigan talks about Koch’s involvement in the ethanol
by Marc J. Rauch (The Auto Channel) … Our exchange began with his comments that government should not decide which fuel
by Robert White (Renewable Fuels Association/The Daily Caller) The recent article, “America is off Foreign Oil, No Thanks to Ethanol”
by Kim Larson (Grand Forks Herald) … Let us all be reminded, that CRP was never meant to remain as a
(FactCheck) … Cruz said he bravely opposed ethanol mandates in Iowa where they are popular with corn growers, but Trump accused
(Environmental Compliance News) … Americans should not misunderstand the current state of domestic production, foreign production, international economics, and low
by Tom Dennis (Grand Forks Herald) … What happened is that crude oil production soared in North Dakota and elsewhere
by Giles Parkinson (Clean Technica) Ever hear the story about why renewable energy can’t compete without a subsidy? You hear
(Global Renewable Fuels Alliance/Ethanol Producer Magazine) Bliss Baker, the president of the Global Renewable Fuels Alliance, recently called upon national
For Immediate Release February 12, 2016—Frederick, MD Advanced Biofuels USA correspondent Robert E. Kozak analyses the potential for a reinvigorated US shale
Efforts to promote a sustainable use of natural resources are not a waste of money, but rather an investment capable
by Andy Eubank (Hoosier Ag Today) … But the media play of ethanol has been inaccurate at times, for example when they
(Renewable Fuel Association) In response to the anti-ethanol rhetoric that has been dominating the presidential campaign in the run-up to
(Farm Futures) America’s Renewable Future released its final U.S. Presidential candidate report card last week, declaring “good” and “bad” category
by Jim Lane (Biofuels Digest) Food vs Fuel, biofuels causing corn planting to skyrocket, low oil prices killing off renewable
by Shelagh Whitley and Laurie van der Burg (New Climate Economy) The research underpinning this New Climate Economy Working Paper was
by James Q. Lynch (The Gazette/AgriView) Texas Sen. Ted Cruz is defending his energy plan that would terminate federal support
by Douglas Burns (Des Moines CityView) Governor’s son rips leading GOP presidential candidate over renewable energy — Eric Branstad, leader
by Natalia Ramos (Yahoo! Finance/Agence France Press) Brazil thinks it has the sweet solution to ridding the world of reliance
by Chris Arsenault (PlanetArk.org/Reuters) Wealthy nations spend 40 times as much money subsidizing fossil fuel production as they contribute to the
by Carol Werner (The Hill/Environmental and Energy Study Institute) Sometimes, a solution is so blindingly obvious it is hard to
by Tiffany Stecker (E&E/Governors’ Biofuels Coalition) The ink on U.S. EPA’s final rule for the renewable fuel standard is barely
by Tim Devaney (The Hill) The Obama administration set new standards Monday for ethanol levels in fuel, enraging competing industries that
by Jim Lane (Biofuels Digest) In Washington, the U.S. Environmental Protection Agency announced final volume requirements under the Renewable Fuel
(Renewable Fuels Association) Today, the Environmental Protection Agency (EPA) released its final Renewable Fuel Standard (RFS) renewable volume obligations (RVOs)
by Mackenzie Ryan (Des Moines Register) … After Republican rival Ted Cruz took aim at sugar subsidies during last week’s GOP debate, Iowa