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Subsidies in sentence

1415 examples of Subsidies in a sentence

French taxpayers' money is better spent on temporary benefits for displaced workers than on subsidies to keep an unprofitable plant alive.
The Commission must strike down public aid to private companies in France as it strikes such subsidies down in any other EU member state.
Some were talented and believed that the new subsidies and incentives rendered long-term investments in the industry highly attractive.
By the 1990’s, the major subsidies and policies were abolished, and the industry was deregulated.
Brazil’s experience offers three important lessons for nations implementing renewable energy initiatives: (1) government policies must be consistent, simple, and long-lasting, providing assurance to would-be entrepreneurs that they can invest for the long haul; (2) picking winners, the familiar weakness of overenthusiastic bureaucrats, must be kept to a minimum; and (3) the state must have the discipline to dismantle subsidies when the need for them has passed.
The immediate tasks are more mundane, but they are also more feasible: clearing projects, reducing poorly targeted subsidies, and finding more ways to narrow the current-account deficit and ease its financing.
For example, in many Asian countries – including India, China, and Pakistan – groundwater levels are declining at an alarming rate, owing to over-extraction and energy subsidies.
The subsidies were manageable at first, and achieved their goal of boosting food production in states like Punjab, Haryana, Rajasthan, Gujarat, and Maharashtra.
With the relentless increase in electricity subsidies, which are squeezing the energy sector, it is difficult to devise effective policies to stem over-pumping.
But, because of political pressure exerted by small, powerful interest groups, windfall profits will inevitably be spent at home in unwise subsidies.
After all, governments’ capacity to provide subsidies is limited, and wealthy countries cannot be expected to bear the costs of the uptake of sustainable technologies worldwide.
Consider the Swedish company Solarus AB, whose innovative business model – manufacturing solar panels out of carbon fibers discarded by the aerospace industry – has enabled it to offer competitively priced solar technologies, without support from government subsidies.
The fact that solar technologies can be produced locally from recycled materials, Pauli argues, means that governments should not provide solar-related subsidies and bailouts – the costs of which eventually land on taxpayers.
And it would gradually have to phase out treasury subsidies to BNDES – the country’s development bank – and increase the use of market-based references for BNDES’s lending rates, thereby helping to restore fiscal health and eliminate distortions in financial intermediation.
But the present-day pencil story would be incomplete without citing China’s state-owned firms, which made the initial investments in technology and labor training; lax forest management policies, which kept wood artificially cheap; generous export subsidies; and government intervention in currency markets, which gives Chinese producers a significant cost advantage.
But a recent study commissioned by The Economistfound that a carbon tax would increase both government revenue and economic output – primarily by replacing existing, inefficient energy subsidies.
Without subsidies, high-seas fisheries would not be financially viable.
We are proposing that subsidies be capped immediately and eliminated within five years, and that countries be fully transparent about all fishing subsidies, about 60% of which directly encourage unsustainable practices.
Other economic measures will also be politically tough, like reigning in subsidies for power that undermine the budget and make it difficult to get new investors into rural areas.
Every year, fishing fleets spend more and more money – much of it from government subsidies – trying to catch more and more fish.
Furthermore, EU export subsidies for agricultural products will be abolished from 2013.
Instead, governments can – and should – shift subsidies to encourage the production of more climate-neutral, protein-rich crops, like pulses and other legumes.
Rich countries have provided generous subsidies and other incentives for increased bio-fuel production, while poorer countries encouraging bio-fuel production have provided far fewer market-distorting incentives to farmers.
With the inflow of cheap money, public spending rises, and politicians thrive on distributing subsidies and preserving inefficient jobs to broaden their electoral appeal.
But public subsidies to “national champions” may prove to be as destabilizing for the climate of international cooperation as tariff barriers were in the past.
At first, there was reason for hope: Wolfowitz was forceful in arguing for debt forgiveness and an end to agricultural subsidies.
Politicians need to end subsidies for coal, oil, and gas, and start taxing emissions from their use.
The first is a global commitment to cut greenhouse-gas emissions through smart, efficient fiscal and economic policies and regulation – including carbon pricing, reduced fossil-fuel subsidies, incentives, and performance standards.
Yet carbon remains badly mispriced, owing to fossil-fuel subsidies and the absence of tax revenues needed to address the global externalities of climate change.
In this context, subsidies that promote the development of green technologies – wind, solar, bio-energy, geothermal, hydrogen, and fuel-cell technologies, among others – are doubly important.
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