The Keystone XL tar sands pipeline project, like all oil industry projects, benefits from substantial taxpayer subsidies. Some, like reduced property taxes, are directed at the pipeline itself. Others increase the viability of the pipeline by reducing the cost of the oil going into it, or the cost…
Despite surging prices for energy and other commodities, the vast majority of materials generated in the United States continues to be thrown away in landfills or burned in incinerators. This Webinar, prepared for the Product Stewardship Institute in Boston, provides an overview of the importance…
Earth Track presentation at the Biofuels Policy Forum briefing on April 14, 2011 in Washington, DC. The document provides an overview of the historical and projected level of subsidization to biofuels, and why this policy is not an efficient way to address concerns over greenhouse gas emissions or…
Earth Track's submitted comments on the National Academy of Sciences' upcoming analysis on the effects of the federal tax code on greenhouse gas (ghg) emissions. The comments cover a variety of issues on subsidy valuation and presentation that have arisen during more than twenty years of work in…
Conspicuously absent from industry press releases and briefing memos touting nuclear power’s potential as a solution to global warming is any mention of the industry’s long and expensive history of taxpayer subsidies and excessive charges to utility ratepayers. These subsidies not only enabled the…
Earth Track presentation on fossil fuel subsidy reform at a joint meeting hosted by the Global Subsidies Initiative of the IISD and the United Nations Environment Programme in Geneva in October 2010, titled Increasing the Momentum of Fossil-Fuel Subsidy Reform: Developments and Opportunities. The…
Doug Koplow with contributions from Steve Kretzmann
Posted on:
11/9/2010
In its September 2009 Communiqué from Pittsburgh, the G20 nations (“Group of Twenty” nations that include the largest economies in the world) committed to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption.”
Doug Koplow, Cynthia Lin, Anna Jung, Michael Thöne, Lucky Lontoh
Posted on:
9/2/2010
The ability to undertake any meaningful subsidy reforms, either nationally or multilaterally, is hampered by a basic lack of knowledge about the extent of support to the sector and where information on this support might be held. This multi-country research effort identifying and classifying…
This memo evaluates three tax subsidies to nuclear power contained in the American Power Act (APA): 5-year accelerated depreciation for reactors; a 10% investment tax credit; and an expansion of a production tax credit for nuclear. The draft Act was floated by Senators John Kerry (D-MA) and Joseph…
This Review provides the most detailed look to date at gaps in federal tracking of energy subsidies. In addition to evaluating the research approach used by the US Energy Information Administration (EIA), the Review assesses how key assumptions and omissions in EIA's work resulted in a substantial…
Review of key federal policy trends in the energy sector, identifying the unprecendented scale of interventions, and the inadequate attention being paid to incentive alignment and assessment of leverage points.
Beginning on slide 6, the presentation provides a specific review of how the government's…
Mycle Schneider, Steve Thomas, Antony Frogatt, Doug Koplow
Posted on:
1/13/2010
This Bulletin article is an extract from the longer and more detailed analysis prepared for the German Federal Ministry of Environment, Nature Conservation and Reactor Safety. The extract focuses primarily on the industry trends and does not address the subsidy components of the original report. …
Hundreds of government subsidies have fuelled the growth of ethanol and biodiesel in the USA, worth half or more their retail price. Cumulative costs under some mandate proposals exceed $1 trillion by 2030. Even using favourable assumptions, reduced greenhouse gas emissions from biofuels are far…
Mycle Schneider, Steve Thomas, Antony Froggatt, Doug Koplow
Posted on:
10/14/2009
The World Nuclear Industry Status Report 2009 provides the reader with the basic quantitative and qualitative facts on the nuclear power plants in operation, under construction and in planning phases throughout the world. A detailed overview assesses the economic performance of past and current…
Federal Renewable Fuel Standards (RFS) were nearly quintupled in the 2007 Energy Independence and Security Act, mandating use of 36 billion gallons of biofuels per year by 2022. Because key federal subsidies scale linearly with production without limit, biofuels will receive more than $400 billion…
A case study of the proposed new reactor at Calvert Cliffs in Lusby, MD provides a useful window into the dynamics and implications of federal nuclear policy today. The analysis demonstrates not only that the taxpayer ends up as the largest de facto investor in this project, but also that while we…
Government involvement in financing large scale energy projects has a checkered past. Historical forays into loan guarantees for biofuels and syn-fuels have been expensive failures. Large hydroelectric dams and federally-owned uranium enrichment facilities were built and operated as government…
Many organizations and key members of government believe that US energy markets need to embark on an accelerated transition off of oil. Some focus on diversification away from oil imports in order to stop funding countries that don't like us much. Others focus on climate change worries, working to…
