Latest Energy subsidies News

Fuel, transport subsidies help keep German inflation at 7.6%

Jun. 29, 2022 10:36 AM EDT

BERLIN (AP) — Inflation in Germany eased slightly in June compared to the previous month, in part due to new subsidies that helped rein in the price of gasoline and public transport. Official figures released Wednesday show inflation hit 7.6% this month, down from 7.9% in May,...

Alaska governor outlines finalized state budget

Jun. 28, 2022 20:27 PM EDT

JUNEAU, Alaska (AP) — Alaska Gov. Mike Dunleavy announced a finalized state budget Tuesday that he said will pay off the state's lingering oil and gas tax credits and invest in areas such as public safety, education and infrastructure. Dunleavy, a Republican who faces reelection...

Public workers strike in Tunisia, signaling national crisis

Jun. 16, 2022 11:25 AM EDT

TUNIS, Tunisia (AP) — A nationwide public sector strike in Tunisia is poised to paralyze land and air transportation and other vital activities Thursday with the North African nation already in the midst of a deteriorating economic crisis. Tunisia’s powerful General Labour Union...

South Korean truckers end 8-day strike, return to work

Jun. 14, 2022 22:51 PM EDT

SEOUL, South Korea (AP) — Truckers in South Korea ended an eight-day strike that caused major disruptions to domestic production and cargo transport, their union and the government announced after negotiations Tuesday. Thousands of truckers joined the nationwide strike, calling for...

Pakistan's new govt presents budget, hoping for IMF bailout

Jun. 10, 2022 13:16 PM EDT

ISLAMABAD (AP) — Pakistan’s new coalition government on Friday presented its first budget in Parliament, levying more taxes on the rich and vowing to remove subsidies on energy and fuel, mainly in an effort aimed at reviving the $6 billion bailout package by the International Monetary Fund. ...

US solar companies weigh challenge to Biden pause on tariffs

Jun. 07, 2022 17:20 PM EDT

WASHINGTON (AP) — U.S. solar manufacturers say they are considering legal challenges after President Joe Biden declared a two-year pause for tariffs on solar imports from Southeast Asia. Biden also invoked the Defense Production Act on Monday as the White House moved to jumpstart...

Japan OKs $21B extra budget to tackle rising prices

May. 31, 2022 09:54 AM EDT

TOKYO (AP) — Japan’s parliament enacted a 2.7 trillion yen ($21 billion) extra budget on Tuesday to tackle soaring fuel and food prices following Russia's invasion of Ukraine. The extra budget is for the current fiscal year that started April 1 and will fund part of a 6.2...

UN floats plan to boost renewables as climate worries mount

May. 18, 2022 09:37 AM EDT

GENEVA (AP) — The United Nations chief on Wednesday launched a five-point plan to jump-start broader use of renewable energies, hoping to revive world attention on climate change as the U.N.’s weather agency said greenhouse gas concentrations, ocean heat, sea-level rise, and ocean acidification...

Editorial Roundup: Missouri

May. 17, 2022 13:58 PM EDT

St. Louis Post-Dispatch. May 16, 2022. Editorial: Break up this abusive football cartel The outright duplicity that guided the words and actions of Rams owner Stan Kroenke and National Football League Commissioner Roger Goodell, among others, were widely assumed but...

Pandemic pay included in budget deal up for vote in House

May. 02, 2022 20:19 PM EDT

HARTFORD, Conn. (AP) — Certain private sector workers determined to be “essential” during the early days of the COVID-19 pandemic will share $30 million in pandemic bonuses under a one-year, $24.2 billion state budget plan being debated in the Connecticut House of Representatives on Monday...