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Electric Car
New G20 Irritant for Biden: Restrictive U.S. Electric Vehicle Tax Subsidies
Electric vehicles (EVs) shuttled G20 delegations and security forces across the southern tip of Bali this week in a symbolic show of Indonesia's ambitious energ…
Germany
German Budget Experts Push for Dividend Ban Tied to Energy Subsidies
Budget experts from Germany's ruling coalition on Friday stressed the need for a ban on dividends and bonuses being paid out at companies that benefit from gas …
Electric Car
COP27: U.S. In Talks With EU on Electric Car Tax Credits
The United States is listening to the concerns of European counterparts about the trade tensions triggered by the Biden administration's clean vehicle subsidies…
Electric Car
U.S., EU Launch Formal Group to Discuss Conflict Over EV Subsidies
U.S. and European Union officials will formally launch a task force next week to discuss new American laws that Europeans fear will discriminate against foreign…
Oil Price
Nigeria’s Fuel Subsidies Surpassed $1 Billion in August as It Supplied More Petrol
The cost of Nigeria's fuel subsidies rose to 525.714 billion naira in August, bringing the total spent this year to 2.568 trillion naira, according to figures s…
Natural Gas
Greece Extends Energy Bill Subsidies Ahead of ‘Winter Battle’
Greece will pay out a further 1.1 billion euros in power bill subsidies in October to shield households and businesses from the impact of soaring energy prices …
Energy Transition
UN Secretary-General Calls for a Fossil Fuels Intervention
The fossil fuel industry is "feasting" on billions in subsidies and windfall profits as "our planet burns," UN Secretary-General Antonio Guterres said on Tuesda…
Electric Car
South Korean Government Asks U.S. Government to Soften EV Subsidy Requirements
Ahn Deok-keun, head of trade negotiations at the Korean Ministry of Trade, Industry and Energy (MOTIE), has recently requested the U.S. government to ease the r…
Solar Cell
European PV Subsidies a Divisive Topic
Subsidies for PV projects are a divisive topic in European countries. Mistakes of the past hang over fresh decision-making processes.
Offshore Wind Power
EU Confronts UK over Wind Turbines in First WTO Dispute Since Brexit
The EU has sued the UK at the World Trade Organization over UK subsidies to offshore wind farms amid a dramatic escalation of post-Brexit tensions.
Market Analysis
Renewable Energy to Meet Over 70 per cent of China’s Additional Power Needs in Next Three Years, Says IEA
Even as state subsidies are being phased out, the rapid growth of onshore wind and solar farm installations is expected to continue
Energy Subsidies
Brazil Extends Controversial Coal Power Subsidy
Brazilian president Jair Bolsonaro signed a law granting a 15-year extension of a subsidy for coal power generation in Santa Catarina state, flying in the face …
Energy Subsidies
Romania Hopes Second Call for Solar Subsidies to be Successful
Romania will subsidize households with EUR 57 million for the installation of solar power panels.
Crude Oil
Japan to Subsidise Refiners to Ease Oil Price Impact
Japan is planning to give subsidies to the country's refiners for the first time to offset the impact of surging oil prices on domestic oil product values.
Energy Subsidies
German Reactions to the COP26 Climate Summit Results
The UN climate summit COP26 in Glasgow has heralded in the end of the fossil fuel era, said German environment minister Svenja Schulze shortly after the confere…
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