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Subsidies in sentence

1415 examples of Subsidies in a sentence

At present, export subsidies and support payments represent less than 1% of the European agricultural budget, and the EU has undertaken to eliminate them once it receives reciprocal undertakings from major food-exporting countries.
In 2014, spending on fossil-fuel subsidies amounted to $20-30 billion in China, Egypt, Venezuela, and Algeria; $40 billion in Russia and India; and $70 billion in Iran and Saudi Arabia.
Among the many energy-related objectives of the SDGs, the call to end fossil-fuel subsidies is a no-brainer.
Economists at the think tank I lead estimate that every dollar diverted from energy subsidies could generate at least $15 in benefits to society.
Ending these subsidies would reduce CO2 emissions, air pollution, and automobile congestion.
Will it not deprive in particular the Southern member states of the subsidies so generously handed out by the EU’s structural fund?
These and other payments are in addition to the hundreds of billions of dollars in subsidies that continue to flow to the fossil-fuel industry.
For example, only 8% of the $409 billion spent on fossil-fuel subsidies in 2010 reached the poorest 20% of the population.
At the same time, Greece would ensure that these reforms do not hurt the poorest by introducing active labor-market policies (such as subsidies to train and hire the long-term unemployed).
This is particularly obvious in the UK, where the government, desperate to see an economic recovery before the 2015 elections, has been pushing the BoE to introduce credit subsidies and, more recently, forward guidance.
Consider agricultural subsidies, bans on genetically modified organisms, or lax financial regulation.
Leftist governments then took advantage of a sustained commodities boom to increase spending on consumer subsidies and social welfare, without depending on international creditors.
In the downturn, revenues and subsidies from the central government collapsed and the bills came due.
Through regulation, public procurement, and hidden subsidies, they would favor their own assets.
This can be achieved by obtaining privileges or special rights from government or the legislature, privileges that may come in the form of monopoly rights, subsidies, protectionist privileges or other kinds of preferences.
But it does not have to be like this: The Warsaw meeting provides an opportunity to galvanize action on one of the most potent forces driving climate change – the billions of dollars spent by governments on fossil-fuel subsidies.
Fossil-fuel subsidies have the opposite effect.
According to the International Energy Agency, governments pumped $523 billion into fossil-fuel subsidies in 2011.
Most fossil-fuel subsidies can be traced to developing countries, where they drain budgets and provide transfers to wealthy households.
But rich countries operate their own subsidies, which average $7 for every ton of CO2 they emit.
Research by the United Kingdom’s Overseas Development Institute that examined tax and consumer subsidies provided by governments in 11 OECD countries found support equivalent to $72 billion, or around $112 per adult.
In all of these cases, bold climate-change targets are being undermined by business-as-usual subsidies.
Carbon markets could provide a corrective to fossil-fuel subsidies, but they are not doing so.
Across Europe, calls for “affordable energy” are fast becoming a euphemism for increased fossil-fuel subsidies and a rollback of commitments on green energy.
The G-20 countries, which have already agreed, in principle, to phase out fossil-fuel subsidies, should seize the moment.
The target should be full elimination of all fossil-fuel subsidies by 2020.
They should pledge to eliminate all subsidies by the time they arrive at the UN’s COP 21 climate-change summit in Paris in 2015, starting next year with the withdrawal of all support for gasoline and for coal, oil, and gas exploration.
Eliminating fossil-fuel subsidies would be just one small step on the road to a global climate agreement.
If either the TPP or the TTIP produces meaningful reforms to trade-distorting farm subsidies – becoming the first non-multilateral agreement to do so – the benefits will be truly international.
And, at the multilateral level, agricultural production and trade is influenced by policies on subsidies, tariffs, and export restrictions (although the latter are not currently governed by strict WTO rules).
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