Finance News – Subsidies
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Reform’s anti-renewables stance ‘putting jobs and energy bills at risk’
The proposed removal of financial support for wind and solar initiatives could potentially impact the renewable energy sector’s growth, employment opportunities, and overall househ...
Read Full Article →IMF Rejects Pakistan’s Bid to Subsidise Power for Crypto Mining
Pakistan’s efforts to obtain financial support for reducing electricity costs in crypto mining have faced challenges, prompting collaboration with international organizations to de...
Read Full Article →Tesla shares tumble after Trump says DOGE should look at Elon Musk's subsidies
Tesla's stock experienced a decline following comments by former President Trump suggesting that Dogecoin could benefit from subsidies associated with Elon Musk, highlighting poten...
Read Full Article →Cutting down forests to feed Drax incurs a huge carbon cost | Letters
Subsidizing biomass energy by allocating billions to power stations like Drax has significant financial implications, as it supports practices with long-term environmental costs an...
Read Full Article →Winter fuel payments: there is a better way to help with energy bills
Adjusting support based on income rather than age could more effectively alleviate the burden of rising energy costs, which currently average £1,720 per household each year.
Read Full Article →Councils plead for relief as drought-fuelled rural debt mountain grows
Local governments are requesting state assistance to provide financial relief to rural communities in South Australia, where increasing drought conditions are causing significant e...
Read Full Article →Reeves promised oil industry ‘quid pro quo’ over windfall tax in private meeting
The chancellor indicated in a private discussion that increased taxation on energy firms would be balanced by government support through carbon capture and storage incentives.
Read Full Article →The Trump-Musk feud shows danger of handing the keys of power to one person
The escalating conflict between two influential figures risks disrupting critical government contracts and space operations, potentially impacting national security and the financi...
Read Full Article →Tesla share plunge amid Trump feud wipes $152bn off Elon Musk’s company
Tesla’s market value significantly declined following public disputes between its CEO and the former president, reflecting investor concerns about potential impacts on government s...
Read Full Article →This special trade deal can cushion farmers from tariffs — without government subsidies
Fair Trade certification provides farmers with increased market access and price stability, helping them maintain income levels despite tariffs, all without relying on financial su...
Read Full Article →Clean energy stocks tumble as Trump’s tax bill slashes subsidies
The recent legislation reducing government incentives has led to a decline in renewable energy shares, raising concerns about the financial stability and future growth prospects of...
Read Full Article →Semiconductor exemptions don’t matter when it comes to tariffs
Despite exemptions for raw semiconductor materials, tariffs on finished tech goods significantly increase costs for manufacturers and innovators, potentially hindering investment,...
Read Full Article →UK windfall tax can fund switch to green jobs for North Sea oil workers – report
Implementing a permanent levy on energy company profits could provide substantial funding to support the retraining and employment of North Sea oil workers in sustainable energy se...
Read Full Article →Scrapping Britain’s nuclear power plans would lead to lower energy bills | Letters
Eliminating the proposed nuclear power stations could potentially lower energy costs for consumers and taxpayers, reducing the financial burden associated with construction and ong...
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