energy subsidies news
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New Transparency Tool Exposes Waste, Promotes Smart Policy Decisions
Toronto :: Canada | 12 days ago
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The Institute for Energy Research officially launches today a new online transparency tool www.energysubsidies.org designed to give policymakers, government officials, researchers, journalists, and the general public greater access to data about
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Green Investors Face Bankruptcy As Spain Cuts Subsidies
Warsaw :: Poland | 13 days ago
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In 2008 Mr. Cabrero put up his 20,000 ($26,200) life savings and took on a 80,000 bank loan to buy part of the solar farm, pledging his home in nearby Tafalla as a guarantee. Now, because of cuts in renewable-energy subsidies the government is said
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Jordan plans $2b in US-backed bond sale
Amman :: Jordan | 24 days ago
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Jordan plans to raise as much as $2 billion in bonds backed by the US government this year as the Arab country seeks to shore up public finances amid an increasing influx of refugees from war-ravaged Syria. The kingdom is working with a syndicate of
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Egypt factories, hit by subsidy cuts, highlight Cairo's fiscal dilemma
Cairo :: Egypt | 28 days ago
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Hundreds of soot-stained factory chimneys dot the horizon in the industrial city of Al-Saff, south of Cairo, but only a few spew black smoke. Two years after the revolution that overthrew President Hosni Mubarak, Egyptian industry is struggling as
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IMF calls for Egypt to cut energy subsidies
Today 21/5, Egypt Senate bill promoting controversial judicial International Monetary Fund (IMF) urged Egypt to cut energy subsidies while allocating more budget for the field other areas to restore the country's economy.
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Africa: Fuel Subsidies - Grasping the Nettle
Lagos :: Nigeria | 2 months ago
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Between the end of 2003 and mid-2008, nominal international fuel prices increased more than fourfold, with most of the increase occurring during 2007 and the first half of 2008. Prices have stayed high through the recession, due to geopolitical
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Egypt plans ration cards for fuel next fiscal year-oil minster
Dubai :: United Arab Emirates | 2 months ago
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Cash-strapped Egypt plans to introduce ration cards for subsidized fuel in its next fiscal year, which begins July 1, the country's oil minister said in an interview with Al Arabiya Television. The government has previously said it aims to allocate a
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Consumption to boost fuel subsidy despite oil price decline: Official
Jakarta :: Indonesia | 2 months ago
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While declining oil prices may lower the subsidy paid per liter of subsidized fuel, in total, it [the subsidy] will be larger than the 2013 state budget assumption, amid the rise in the consumption, Deputy Energy and Mineral Resources Minister Susilo
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The IMF's Outlandish Claims About Energy Subsidies
Toronto :: Canada | 3 months ago
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Initially we were shockedas proponents of letting the market determine the allocation of resources, we at IER have opposed all energy subsidies for years . Of course, it turns out that the IMF is really calling for the government to subsidize energy
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Analysis: Egypt is in for trouble with or without the IMF
Cairo :: Egypt | 4 months ago
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Traders work at the Egyptian stock exchange in Cairo January 22, 2013. Egypt is at risk of a "revolution of the hungry" two years after Hosni Mubarak was ousted in a popular uprising, as food and energy prices will soar with or without an IMF deal .
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