Articles tagged with "subsidies"
Billions In Subsidies Flow To LNG Canada As Kitimat Terminal Nears Launch - CleanTechnica
The article highlights the extensive public subsidies and fiscal incentives underpinning the launch of LNG Canada’s Phase 1 liquefied natural gas terminal in Kitimat, a project initially valued at around C$17–18 billion. Federal, provincial, municipal, and international support has played a critical role in reducing the project's capital costs. Notably, the federal government contributed approximately C$275 million in direct grants, including C$220 million from the Strategic Innovation Fund for advanced gas turbines and C$55 million for infrastructure upgrades like the Haisla Bridge. Beyond direct funding, significant hidden subsidies have been provided through tax exemptions and tariff waivers, such as the roughly C$1 billion exemption on import duties for fabricated steel modules sourced primarily from Asia, which substantially lowered construction costs. The article also contrasts the political reactions to LNG Canada’s reliance on large-scale imports from China with the contentious debate over British Columbia’s decision to commission hybrid ferries from Chinese shipyards. While the ferry contracts sparked vocal partisan criticism
energyLNGsubsidiesnatural-gasinfrastructurefossil-fuelsCanadaFrom Hydrogen Hope To EV Reality: How Hype’s Subsidy Bubble Burst - CleanTechnica
Hype, once a leading hydrogen taxi service in Europe, has abandoned hydrogen technology and shifted exclusively to electric vehicles, reflecting the broader global failure of hydrogen-powered transportation ventures. Founded in Paris in 2015, Hype initially expanded rapidly by leveraging substantial subsidies from French government agencies, regional authorities, and the European Union. Key funding came from the French Environment and Energy Management Agency (ADEME), the Île-de-France region, and the EU’s Fuel Cells and Hydrogen Joint Undertaking (FCH JU), which supported both vehicle acquisition and the costly hydrogen refueling infrastructure. This extensive public funding masked the underlying economic challenges of hydrogen taxis, which remained prohibitively expensive without subsidies. A critical factor in sustaining Hype’s operations was its partnership with Toyota, which provided free hydrogen fuel with leased Mirai fuel cell vehicles for several years, eliminating a major operational cost and creating a misleading impression of economic viability. By 2020, Hype operated Europe’s largest hydrogen taxi fleet and was prominently featured in
energyhydrogen-fuel-cellselectric-vehiclessustainable-transportationclean-energysubsidieshydrogen-mobilityElon Musk's Political Naivete, Part 376 - CleanTechnica
The article critiques Elon Musk’s political naivete, particularly regarding his expectations that Republicans would cut subsidies for oil and gas alongside electric vehicle (EV) subsidies to create a level playing field. Musk reportedly believed that the Republican Party might reduce or eliminate fossil fuel subsidies to address the deficit, an idea the author finds implausible given the party’s historical support for oil and gas interests. Musk also argued on the campaign trail that removing EV subsidies would hurt Tesla’s competitors more than Tesla itself, a notion described as unrealistic given the growing competition in the EV market. Additionally, the article highlights a congressional proposal to eliminate fuel economy fines for automakers, which could undermine EV adoption by removing penalties for not meeting fleet fuel economy standards. The author emphasizes that fuel economy requirements currently incentivize automakers to produce and sell EVs, reflecting genuine consumer demand. Musk’s earlier efforts to promote a carbon tax with Donald Trump are also discussed, with the article labeling this as politically naive due to the strong opposition to such measures in the US, especially among Republicans who often deny climate change. Overall, the piece portrays Musk as idealistic but politically uninformed, particularly regarding US climate and energy policy realities.
energyelectric-vehiclessubsidiesfuel-economycarbon-taxTeslaclean-energy-policiesThe Basics of IRA Subsidies and Why It’s Stupid to Kill Them - CleanTechnica
energyelectric-vehiclessolar-powersubsidiesInflation-Reduction-Actclean-technologyfossil-fuelsCalifornia’s New Hydrogen Subsidy Sinkhole: 13 Cars, Millions Spent, Negative Impact
energyhydrogenclean-transportationzero-emission-vehiclesCaliforniasubsidiescarsharing