subsidies

New Mexico Farmer Sentenced to Five Years in Prison for Tax Fraud, Fraudulently Collecting Farm Subsidies

Bill Melot, a Hobbs, N.M., farmer, was sentenced to five years in prison yesterday to be followed by three years of supervised release for tax evasion, program fraud and other crimes.



  • OPA Press Releases

subsidies

New Mexico Farmer Sentenced to Prison for Tax Fraud, Fraudulently Collecting Farm Subsidies

Bill Melot, a farmer from Hobbs, N.M., was sentenced to serve 14 years in prison today to be followed by three years of supervised release for tax evasion, program fraud and other crimes, the Justice Department, Internal Revenue Service and U.S. Department of Agriculture’s Office of Inspector General announced.



  • OPA Press Releases

subsidies

Ghosts of Resolutions Past: The G20 Agreement on Phasing Out Inefficient Fossil Fuel Subsidies


As much as the nostalgic might hate to admit it, a new year is coming up. And for climate change negotiators, 2015 is a big one: it’s the make-it-or-break it year for a serious, last-ditch effort at an international agreement to slow runaway climate change. 

A new year brings new, hopeful resolutions. Of course, just as ubiquitous are the pesky memories of past resolutions that one never quite accomplished.

Some resolutions fade, understandably. But failure is less forgivable when the repercussions include the increased exploration of fossil fuels at the expense of our warming world. To avoid the most destructive effects of climate change, we must keep two-thirds of existing fossil fuel reserves underground, instead of providing subsidies to dig them up.

One group not living up to its resolution: the G20 members —19 countries and the European Union that make up 85% of global GDP. At the 2009 G20 summit in Pittsburgh, the group agreed to “rationalize and phase out over the medium term inefficient fossil fuel subsidies that encourage wasteful consumption.” At the 2013 summit in St. Petersburg, they reaffirmed this resolution. Yet that same year, these countries funneled $88 billion into exploring new reserves of oil, gas, and coal.

Another resolution abandoned.

This year’s G20 summit will convene in Brisbane, Australia (November 15th - 16th) — a perfect opportunity to commiserate about the backsliding on the agreement and to develop a new approach that includes some means of holding each other accountable. So how can the G20 follow through on its laudable and necessary pledge?

1. Get help from the experts.

A new report by the Overseas Development Institute and Oil Change International criticizes the G20 for “marry[ing] bad economics with potentially disastrous consequences for climate change.” It points out that every dollar used to subsidize renewables generates twice as much investment as the dollar that subsidizes fossil fuels.

And the G20 can try harder to heed the doctor’s orders. This report outlines specific recommendations, including revamping tax codes to support low carbon development instead.

2. Set a timeline and stick to it.

National timelines for fossil fuel subsidy phase out would be different depending on the governmental structures and budgeting processes of individual countries. Also, countries can utilize the timeline of the incoming international climate treaty, by including a subsidy phase out as part of a mitigation plan to be measured and reported.

3. It’s easier with friends.

The G20 got it right that no one country should have to go it alone. Now it is time to strengthen its methodology for peer review of inefficient fossil fuel subsidies, and agree upon a transparent and consistent system for tracking and reporting.

That said, it can also be easier to cheat with friends. The new report tracks where investments from G20 state-owned energy companies are directed. As it turns out, G20 countries continue to fund each other’s fossil fuel exploration. Instead of cheating together on their own resolution, G20 members should leverage these relationships to advance investments in clean energy.  

4. Hold each other accountable.

The G20 is not the only group that has committed to phase out fossil fuel subsidies. The issue has received support from advocacy groups, religious leaders, and business constituencies alike. The public will be able to better hold leaders accountable if the G20 declares its commitment and progress loud and proud.

Moreover, G20 members and advocacy organizations can make the facts very clear: fossil fuel subsidies do not support the world’s poor, and the public ends up paying for the externalities they cause in pollution and public health. This accountability to addressing concerns of the people can help the G20 stand up to the fossil fuel industry.

5. If at first you don’t succeed…

True, phasing out fossil fuel subsidies is no piece of cake. There is no G20 standard definition of “inefficient subsidies” or timeline for the phase out. It also hasn’t helped that countries report their own data. They can even opt out of this unenforced commitment altogether. Yet the pledge is there, as is the urgency of the issue. New Year’s resolutions take more than just commitments — they take work. This week’s G20 Leaders Summit is a wonderful place to commit to phasing out fossil fuel subsidies. Again.

Authors

Image Source: © Francois Lenoir / Reuters
     
 
 




subsidies

Energy News Recap: Illegal Nuclear Power Subsidies, Geothermal Power From Volcanoes, More

Energy policy and energy use are not forces of nature beyond our control. It's all about choices; different choices set us off on different paths, but don't prevent us from switching course.




subsidies

The Koch Brothers Are Right: Ethanol Subsidies Should Go

Few industrialists in recent times have done more to imperil environmental protections and public health than the Koch brothers. The force behind Americans for Prosperity and Koch Industries have galvanized




subsidies

Senate Votes to End Billions in Ethanol Subsidies

A measure that would remove roughly $6 billion in annual ethanol subsidies just passed the U.S. Senate, signaling, among other things, a shift in public attitude towards the once-heralded alternative fuel. It




subsidies

Morocco pledges to ax fossil fuel subsidies

A level playing field for renewables is about to get a step closer, at least in Morocco.




subsidies

Why throw subsidies at electric cars when 48 percent of trips are less than 3 miles?

A new study shows that there is some seriously low-hanging fruit here that would deliver more bang for the buck.




subsidies

Trudeau government promises electric car subsidies, public transit support, wind and tidal power

Now if only he can keep his job in the fall election.




subsidies

Policy Paper: Reforming agricultural subsidies to support biodiversity in Switzerland - Country Study

This paper analyses the reform of Switzerland’s agricultural policy framework, which reoriented subsidies to better target policy objectives, including for biodiversity; and outlines the process involved in designing and implementing the reform as well as its environmental and socio-economic impacts. The country study draws on the 2017 OECD report The Political Economy of Biodiversity Policy Reform.




subsidies

OECD welcomes ground-breaking peer reviews by China and US of their fossil fuel subsidies

The OECD has welcomed the release by China and the US of peer reviews of their fossil fuel subsidies.




subsidies

Angel Gurría congratulates new Indonesian President for cutting fuel subsidies

Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies.




subsidies

Angel Gurría congratulates new Indonesian President for cutting fuel subsidies

Angel Gurría, Secretary-General of the OECD congratulated the newly elected President of Indonesia, Joko Widodo, for taking a bold first step in his economic reform agenda by substantially cutting fuel subsidies.




subsidies

Norway... time to prune farm subsidies?

Norway puts a high priority on maintaining high levels of well-being in rural communities, many of which are in remote and challenging environments. While it is broadly successful in achieving this goal, it comes at a high price, most notably in the form of substantial support to farmers. Is there a better way?




subsidies

Private train operators receive £400m in subsidies

First time in five years that rail groups have not paid into state coffers




subsidies

How Scott Morrison's government forced Holden out of Australia by dropping subsidies

Scott Morrison raged against the sudden scrapping of Holden in Australia, but he must have forgotten the Coalition Government forced the car marker to close its factories in 2013.




subsidies

The number of Australian businesses coronavirus has shut downs as Jobkeeper wage subsidies start

One in two Australian workers could soon be receiving a $1,500 fortnightly wage subsidy to be kept in work. Daily Mail Australia looks at the services jobs coronavirus has destroyed overnight.




subsidies

These food subsidies inflate prices


Why is it that large expenditure on food subsidy in India does not achieve more in reducing undernourishment? At a New Delhi public hearing earlier this year, Dr. Amartya Sen addressed this question.




subsidies

The politics of fossil fuel subsidies and their reform / edited by Jakob Skovgaard, Harro van Asselt

Dewey Library - HD9502.A2 P663 2018




subsidies

Kashmir youth drawn in with courses, subsidies

A projected honey output over 500 tonnes, 7,500 beekeepers and growing, with 29,850 bee colonies between them. Beekeeping has been catching on in Jammu and Kashmir




subsidies

The effect of transportation subsidies on urban sprawl




subsidies

Kashmir youth drawn in with courses,subsidies