Latest Energy subsidies News

The Latest: Thunberg urges end to fossil fuel subsidies

Apr. 22, 2021 11:59 AM EDT

WASHINGTON (AP) — The Latest on President Joe Biden's global climate summit (all times local): 11:55 a.m. International climate activist Greta Thunberg has urged Congress to end fossil fuel subsidies at a House Oversight Committee hearing on the...

Biofuels producers, farmers not sold on switch to electric

Apr. 07, 2021 19:56 PM EDT

DES MOINES, Iowa (AP) — The president and auto industry maintain the nation is on the cusp of a gigantic shift to electric vehicles and away from liquid-fueled cars, but biofuels producers and some of their supporters in Congress aren’t buying it. They argue that now is the time to...

Even with pretax profits, many big companies pay zero US tax

Apr. 02, 2021 17:54 PM EDT

NEW YORK (AP) — Just as President Joe Biden is pushing to raise taxes on companies to help pay for his infrastructure plan, a report from a Washington policy group is highlighting how many firms pay zero despite making big pretax profits. More than 50 of the largest...

Biden aims to juice EV sales, but would his plan work?

Apr. 02, 2021 00:06 AM EDT

DETROIT (AP) — Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck or SUV for a zero-emissions electric vehicle. Some buyers would find his offer persuasive. Yet Biden's goal is a...

Biden aims to juice EV sales, but would his plan work?

Apr. 01, 2021 19:40 PM EDT

DETROIT (AP) — Dangling tax credits and rebates in his drive to fight climate change, President Joe Biden wants you to trade your gas-burning car, truck or SUV for a zero-emissions electric vehicle. Some buyers would find his offer persuasive. Yet Biden's goal is a...

Beleaguered Syria suffers also due to Suez Canal closure

Mar. 28, 2021 01:05 AM EDT

BEIRUT (AP) — Syria has begun rationing the distribution of fuel in the war-torn country amid concerns that shipments could be delayed because Egypt's Suez Canal is being blocked by a giant cargo ship that has run aground, the Oil Ministry said Saturday. The container...

Lebanese are gripped by worry as economic meltdown speeds up

Mar. 19, 2021 04:50 AM EDT

BEIRUT (AP) — Shops closing, companies going bankrupt and pharmacies with shelves emptying — in Lebanon these days, fistfights erupt in supermarkets as shoppers scramble to get to subsidized powdered milk, rice and cooking oil. Like almost every other Lebanese,...

'Republic of Queues': 10 years on, Syria is a hungry nation

Mar. 15, 2021 10:39 AM EDT

BEIRUT (AP) — The lines stretch for miles outside gas stations in Syrian cities, with an average wait of five hours to fill up a tank. At bakeries, people push and shove during long, chaotic waits for their turn to collect the quota of two bread packs a day per family. ...

InvestigateWest: Is NW poised to beat climate inequalities?

Mar. 05, 2021 17:09 PM EST

Activists in the Pacific Northwest have warned for years that communities of color and other marginalized groups are disproportionately impacted by the effects of climate change, and less well-positioned to take advantage of jobs and other benefits likely to result as the region’s economy...

Ohio Legislature advancing on repeal of tainted energy law

Mar. 04, 2021 15:31 PM EST

CLEVELAND (AP) — The Ohio Legislature appears to be making progress on eliminating most of the provisions included in a corruption-tainted energy bill now the subject of federal investigations. The Ohio Senate on Wednesday voted unanimously to approve a bill that...