All articles tagged with #fossil fuel subsidies
A recent study reveals that the US government provides over $30 billion annually in subsidies to the fossil fuel industry, benefiting major companies and contributing to environmental harm, despite the availability of cleaner energy alternatives and increasing awareness of climate issues.
The article argues that the recent removal of the $7,500 federal EV tax credit by Republicans is unjustified, given that fossil fuel vehicles have historically received over $20,000 in subsidies per vehicle over their lifetime, including implicit costs like environmental and health damages. It advocates for pollution pricing as a fairer solution and criticizes current political actions that favor oil industries over cleaner transportation options.
Climate activist Greta Thunberg was detained at a protest in The Hague, where she and other demonstrators aimed to block a Dutch roadway in opposition to tax breaks for fossil fuel-related companies. Despite a heavy police presence, more than 400 people, including Thunberg, were arrested at the protest. Thunberg, known for her climate activism, has faced multiple detentions and fines in her efforts to raise awareness about climate change.
Climate activist Greta Thunberg was detained twice by police at a protest in the Netherlands, where she and other demonstrators blocked roads to oppose fossil fuel subsidies. Over 400 people were arrested, including 12 for incitement, as part of a demonstration organized by the Extinction Rebellion group. Thunberg emphasized the urgency of the climate crisis, stating that they are in a "planetary emergency" and cannot stand by while lives and livelihoods are at risk.
Climate activist Greta Thunberg and Extinction Rebellion demonstrators were detained by Dutch authorities after occupying a motorway in The Hague to protest against fossil fuel subsidies. The protest aimed to pressure the Dutch government ahead of a planned debate about fossil fuel subsidies in June. Thunberg, who has inspired a global youth movement to fight climate change, has faced previous arrests and fines for civil disobedience in connection with protests.
The US has chosen not to participate in a Dutch-led coalition at COP28 that seeks to eliminate fossil fuel subsidies by disentangling countries from international agreements that support them.
An advisory panel to the COP28 talks in Dubai has recommended increasing taxes on polluting activities and cutting fossil fuel subsidies to generate trillions of dollars for climate change initiatives. The panel suggested higher carbon taxes, including levies on emissions from the maritime and aviation sectors, as potential options. The report also highlighted the need to reallocate existing revenue streams and emphasized the urgency of new funding sources. The authors called for voluntary contributions from energy companies and proposed a carbon levy on shipping. The panel estimated that emerging and developing economies will require $2.4 trillion in annual investments by 2030 to transition to clean energy and address climate damage. They urged rich nations to fulfill their promise of $100 billion in climate aid and triple the volume of concessional loans by 2030.
Texas will vote on Proposition 7, a constitutional amendment that would allocate $10 billion to upgrade or build new natural gas power plants to support the state's unreliable power grid. The proposition excludes renewable energy sources and has faced opposition from environmental groups who argue that fossil fuel infrastructure was to blame for previous power outages. Critics argue that investing in energy efficiency and batteries would be a better use of funds and that the proposition could hinder the progress of renewable energy in the state.
The European Parliament's environment committee has delayed a decision on whether to accept Wopke Hoekstra as the EU's next climate change policy chief. Hoekstra, a former Dutch foreign minister, sought lawmakers' backing in a three-hour hearing and outlined his plans, including setting science-based climate goals and cracking down on fossil fuel subsidies. The decision is now due on Tuesday afternoon, following a hearing for Maros Sefcovic, the nominee for coordinating the EU's overall green policies. Some lawmakers expressed the need for more information before approving Hoekstra, while tensions over climate action rise amid global warming and competition in green technology manufacturing.
Up to 10,000 climate activists blocked the A12 highway at The Hague for three days, protesting against government subsidies for fossil fuels. Police deployed water cannons to clear the major highway, while thousands of protesters marched with posters and flags. Extinction Rebellion organized the protests and threatened a permanent blockade until fossil fuel subsidies are dropped. Over the weekend, around 3,000 activists were detained, and on Saturday, an estimated 10,000 activists joined the protest. The activists argue that extreme temperatures this summer are a sign of the future if fossil fuels aren't abandoned.
Thousands of climate activists, including groups like Extinction Rebellion and Greenpeace, blocked a Dutch highway in protest against government subsidies for the fossil fuel industry. The activists broke through a police barrier and vowed to remain until the subsidies are repealed. They argue that extreme temperatures experienced globally this summer are a warning sign for the future if fossil fuels are not abandoned. A report revealed that the Dutch government spends around €37.5 billion per year on fossil fuel subsidies. The activists are calling for the phasing out of these subsidies before the country's election in November.
Canada has released a framework to phase out inefficient fossil fuel subsidies, becoming the first G20 country to fulfill a 2009 commitment. While the framework is seen as a positive step, critics argue that it falls short by allowing government support for oil and gas projects that aim to reduce emissions through technologies like carbon capture and storage (CCS). The framework applies to existing tax and non-tax measures but does not cancel ongoing subsidy agreements. Fossil fuel activities will be exempt if they fall into specific categories, such as enabling significant emissions reductions or supporting clean energy. The move is part of a deal between Prime Minister Justin Trudeau's Liberal Party and the New Democratic Party. However, critics argue that the framework does not meet the urgency of the climate crisis and fails to address public financing of fossil fuel projects.
Dutch police arrested over 1500 climate protesters after a climate protest garnered thousands of participants in the Hague, the Netherlands' seat of government. The protest was called for by Extinction Rebellion, a group that originated in the UK which uses non-violent albeit disruptive protest methods to raise climate awareness. The protests were primarily against fossil fuel subsidies.
Over 1,500 climate protesters were arrested by police in the Netherlands after blocking a major motorway in The Hague during a protest organized by Extinction Rebellion. The activists demanded an end to fossil fuel subsidies. Police fired water cannon to disperse the crowds, but many came prepared in raincoats and swimsuits. Most arrested protesters were released, but police said 40 would be prosecuted. The Dutch prosecution service said most of them will not be prosecuted because it was a "minor offence" and the main purpose of the arrests was to end the blockade.
More than 1,500 climate activists were arrested during a demonstration by the Extinction Rebellion group in The Hague, protesting against Dutch fossil fuel subsidies. The activists blocked a section of a motorway in the city centre, and police used water cannon to disperse them. 40 of those arrested will be prosecuted on charges including vandalism. The protests marked the seventh organised by Extinction Rebellion in this area of The Hague, but the highest number of people arrested so far.