The report provides an extremely detailed review of policies within France that have the effect of harming biodiversity, though does not rank these subsidies in terms of which are most damaging. The report looks at a vast array of policies that encourage urban sprawl, over-exploitation of resources…
Jehan Sauvage, Ronald Steenblik and Jagoda Sumicks, with input from Trevor Morgan, Michael Ash, James Greene and Jens Lundsgaard
Posted on:
10/4/2011
For the first time ever, the OECD has compiled an inventory of over 250 measures that support fossil-fuel production or use in 24 industrialised countries, which together account for 95% of energy supply in OECD countries. Those measures had an overall value of about USD 45-75 billion a year between…
Using data culled from the academic literature, government documents, and NGO sources, in this paper we examine the extent of federal support (as well as support from the various states in pre-Civil War America) for emerging energy technologies in their early days. We then analyze discrete periods…
These six banks submitted comments to DOE on the Title 17 loan guarantee program in July of 2007 that resulted in much more favorable terms for lenders. Soon after, the financial crisis hit the US, and demonstrated that the banks had not done such a good job managing risk even in their own…
Mini Roy, Steven Greenwald, Jonathan Baliff, Alex Kroner, H. John Gilbertson Jr., Joseph Sauvage, Sylvia K. Barnes, Christopher Fink, Ray Spitzley
Posted on:
9/20/2011
"The six financial institutions below (Citigroup, Credit Suisse, Goldman Sachs, Lehman Brothers, Merrill Lynch and Morgan Stanley) are convinced that loan guarantees are an important tool, along with supportive state government policies, to enable the financing in the credit markets of new nuclear…
Jean-Marc Burniaux, Jean Chateau and Jehan Sauvage
Posted on:
9/8/2011
This report draws on previous OECD work to assess the impact on international trade of phasing out fossil fuel consumption subsidies provided mainly by developing and emerging economies. The analysis employed the OECD’s ENV-Linkages General-Equilibrium model and used the IEA’s estimates of consumer…
The UK operates 19 reactors that provided 15.7% of the country's electricity needs in 2010. The cost of supplying this electricity is cheap. The big six electricity suppliers make their profit from an industry which provides poor value for money to the taxpayer and leaves us with a toxic legacy that…
Autumn Hanna, Eli Lehrer, Benjamin Schreiber, and Tyson Slocum
Posted on:
8/29/2011
This year's Green Scissors report offers lawmakers and the public a starting place for spending reductions, including cuts to discretionary, mandatory and tax spending that also increase environmental protection. Perhaps even more importantly, Green Scissors 2011 offers a roadmap for how Congress…
Administered by the Department of Energy (DOE), the loan guarantee program encourages private investment in nuclear energy by lowering the cost of borrowing and possibly increasing the availability of credit for project sponsors—usually an individual utility, a consortium of utilities, or a…
Numerous energy subsidies exist in the U.S. tax code and have been there for up to a century. In certain cases the circumstances relevant at the time of implementation may no longer exist. Today, for example, the domestic fossil fuel industries (coal, oil, natural gas) are mature and highly…
Margaret Sheehan, Samantha Chirillo, Josh Schlossberg, William Sammons, Matt Leonard, Energy Justice Network
Posted on:
7/11/2011
American taxpayers and ratepayers are subsidizing a form of “renewable” energy—biomass electricity- that causes short and long-term harm to the public health and the environment. There are 234 of these so-called “clean and green” biomass electricity projects proposed for the U.S. The scale of these…
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…
Quoting a joint analysis made by the OECD and the IEA, G20 Leaders committed in September 2009 to "rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption." This analysis was based on the OECD ENV-Linkages General Equilibrium model and…
During World War I, U.S. taxpayers provided the oil and gas industry with its first federal tax break. Over the decades, more lucrative tax breaks have been added. The latest major installment came with the passage of the 2005 Energy Policy Act, which included another $2.6 billion in subsidies for…
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…
There are two basic international legal frameworks contributing to an international regime on nuclear liability: The International Atomic Energy Agency’s (IAEA) 1963 Convention on Civil Liability for Nuclear Damage (Vienna Convention), the Organization for Economic Cooperation and Development’s…
Office of the Inspector General, U.S. Department of Energy
Posted on:
3/24/2011
The goal of the Department of Energy's Loan Guarantee Program (Program), as defined in the Energy Policy Act of 2005, is to provide Federal support, in the form of loan guarantees, to spur commercial investments in clean energy projects that use innovative technologies. The Department estimates that…