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subsidies

Phil Murphy Just Ended Taxpayer Subsidies for Declining Newspaper Industry

July 8, 2025
Phil murphy just ended taxpayer subsidies for declining newspaper industry - photo licensed by shore news network.

In a decisive move that reflects the realities of a rapidly evolving media landscape, New Jersey has taken a historic step by ending the long-standing …

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‘This Fails’: Biden Admin’s Rules For EV Subsidies Could Be Ripe For Abuse By China

May 8, 2024
‘this fails’: biden admin’s rules for ev subsidies could be ripe for abuse by china - photo licensed by shore news network.

The Biden administration published guidelines meant to restrict some foreign companies from capitalizing on its climate agenda, but some stakeholders say the rules are not …

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China says EU’s ‘unfair’ EV subsidies probe risks damaging ties- Bloomberg News

January 23, 2024January 23, 2024
China says eu's 'unfair' ev subsidies probe risks damaging ties- bloomberg news - photo licensed by shore news network.

(Reuters) – China’s ambassador to the European Union called the EU’s probe into Chinese electric vehicle manufacturers over state subsidies “unfair”, Fu Cong told Bloomberg …

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BlackRock To Make Massive Infrastructure Move To ‘Decarbonize The World’ And Reap Government Subsidies

January 13, 2024

BlackRock To Make Massive Infrastructure Move To ‘Decarbonize The World’ And Reap Government Subsidies Jason Cohen on January 12, 2024 BlackRock on Friday reached an …

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Global EV market growth to slow this year on lower subsidies – report

January 8, 2024January 8, 2024
Global ev market growth to slow this year on lower subsidies - report - photo licensed by shore news network.

(Reuters) – Growth in the global electric-vehicle market is set to slow to 27.1% this year as a reduction in state subsidies makes the cars …

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Brooklyn Woman Charged with Stealing $157,000 in Housing Subsidies

December 5, 2023
Brooklyn woman charged with stealing $157,000 in housing subsidies - photo licensed by shore news network.

BROOKLYN, NY — The Brooklyn District Attorney’s Office, in coordination with the New York City Department of Investigation, has indicted Luzmila Corbin, 56, of Crown …

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Biden Could Jack Up Food Prices, Wreak Environmental Havoc With ‘Sustainable’ Jet Fuel Subsidies

December 4, 2023

Biden Could Jack Up Food Prices, Wreak Environmental Havoc With ‘Sustainable’ Jet Fuel Subsidies Nick Pope on December 3, 2023 The Biden administration is set …

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China’s BYD offers subsidies, discount for some models in December

December 1, 2023December 1, 2023
China's byd offers subsidies, discount for some models in december - photo licensed by shore news network.

BEIJING (Reuters) – China’s electric vehicle giant BYD Co Ltd on Friday announced subsidies for some models and a discount of up to 20,000 yuan …

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Explainer-Global fossil fuel subsidies on the rise despite calls for phase-out

November 23, 2023November 23, 2023
Explainer-global fossil fuel subsidies on the rise despite calls for phase-out - photo licensed by shore news network.

By Sarah McFarlane (Reuters) – World governments agreed at the COP26 climate summit in Glasgow two years ago to phase out “inefficient” fossil fuel subsidies …

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German court ruling could cost Intel billions of euros in subsidies – state minister

November 22, 2023
German court ruling could cost intel billions of euros in subsidies - state minister - photo licensed by shore news network.

BERLIN (Reuters) – The negative court ruling on German finances last week could cost Intel billions of euros in subsidies for planned chip-making plants in …

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France eyes cuts to business subsidies and healthcare spending

November 16, 2023
France eyes cuts to business subsidies and healthcare spending - photo licensed by shore news network.

PARIS (Reuters) – France’s government aims to rein in spending on business subsidies and medical care as part of plans to come up with 12 …

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Global EV sales stay strong, China hits record despite end of subsidies

November 14, 2023November 14, 2023
Global ev sales stay strong, china hits record despite end of subsidies - photo licensed by shore news network.

(Reuters) – Electric-vehicle sales are seeing continued strength globally with China reporting record monthly sales in October despite the end of subsidies, according to market …

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Murphy Tagged $1 Billion of Ratepayer Subsidies to Bailout Failed Foreign Wind Energy Corporation

November 12, 2023
Murphy tagged $1 billion of ratepayer subsidies to bailout failed foreign wind energy corporation - photo licensed by shore news network.

NEW JERSEY – Senator Michael Testa recently addressed the withdrawal of Ørsted, a Danish wind energy company, from the Ocean Wind 1 & 2 offshore …

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CCP-Linked Battery Maker Eligible For US Taxpayer Subsidies, Executive Says

October 27, 2023

CCP-Linked Battery Maker Eligible For US Taxpayer Subsidies, Executive Says Nick Pope on October 26, 2023 An executive of a Chinese Communist Party (CCP)-linked battery …

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Japan to extend until April 2024 subsidies to curb fuel costs – stimulus package draft

October 23, 2023
Japan to extend until april 2024 subsidies to curb fuel costs - stimulus package draft - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s government will extend until the end of April next year subsidies aimed at curbing fuel prices, according to a draft of …

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Japan’s government considering extending fuel subsidies -Kyodo

October 11, 2023October 11, 2023
Japan's government considering extending fuel subsidies -kyodo - photo licensed by shore news network.

(Reuters) – Japan’s government is considering extending subsidies to curb gasoline prices beyond January next year, Kyodo news agency reported on Wednesday, a move that …

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Labor group urges Biden to ease limits on hydrogen subsidies

October 10, 2023October 10, 2023

By Valerie Volcovici WASHINGTON (Reuters) – The union representing U.S. carpenters has asked the Biden administration to ensure hydrogen projects powered by existing nuclear power …

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US hopes Europe will join ‘race to top’ on green subsidies

September 26, 2023September 26, 2023
Us hopes europe will join 'race to top' on green subsidies - photo licensed by shore news network.

BERLIN (Reuters) – The United States hopes Europe will take similar measures to its Inflation Reduction Act to drive a “race to the top” on …

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It’s a bit rich of the EU to ding China over EV subsidies: Maguire

September 14, 2023September 14, 2023

By Gavin Maguire LITTLETON, Colorado (Reuters) -EU Commission chief Ursula von der Leyen announced an anti-subsidy probe into Chinese electric vehicles (EV) on Wednesday, and …

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Investor pressure group urges G20 to reform agricultural subsidies

August 21, 2023August 21, 2023
Investor pressure group urges g20 to reform agricultural subsidies - photo licensed by shore news network.

By Simon Jessop LONDON (Reuters) – A group of 32 investors managing $7.3 trillion in assets have urged the G20 group of wealthier countries to …

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DAVID BLACKMON: IRA Subsidies Are Driving Investment Decisions In A Dangerous Direction

August 13, 2023

DAVID BLACKMON: IRA Subsidies Are Driving Investment Decisions In A Dangerous Direction David Blackmon on August 13, 2023 As we pass the one-year anniversary of …

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Top Chip Manufacturer Announces Layoffs Despite Biden Admin Subsidies To The Industry

August 3, 2023

Top Chip Manufacturer Announces Layoffs Despite Biden Admin Subsidies To The Industry Will Kessler on August 3, 2023 Top semiconductor manufacturer Qualcomm announced a new …

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‘Gravy Train’: One US Solar Company Poised To Rake In $11 Billion In Subsidies Thanks To Dem Climate Law

July 31, 2023

‘Gravy Train’: One US Solar Company Poised To Rake In $11 Billion In Subsidies Thanks To Dem Climate Law Nick Pope on July 31, 2023 …

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Major Automaker Pushes Back Electric Vehicle Production Target — Despite Biden Admin Subsidies

July 28, 2023

Major Automaker Pushes Back Electric Vehicle Production Target — Despite Biden Admin Subsidies Will Kessler on July 28, 2023 Ford Motor Co. said Thursday that …

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Foreign Companies Are Raking In Billions In Subsidies From Biden’s Signature Climate Law

July 20, 2023

Foreign Companies Are Raking In Billions In Subsidies From Biden’s Signature Climate Law Nick Pope on July 20, 2023 Foreign companies have been the biggest …

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DAVID BLACKMON: Biden Is Spreading Around Green Subsidies Like A Vegas Gambler

July 12, 2023

DAVID BLACKMON: Biden Is Spreading Around Green Subsidies Like A Vegas Gambler David Blackmon on July 12, 2023 A pair of stories published this week …

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Analysis-Caught between riots and debt crises, African countries cut fuel subsidies

July 4, 2023

By Libby George LONDON (Reuters) – Abdoulaye Diallo is paying over 50% more to fill up his “thiak-thiak” motorbike taxi in Keur Mbaye Fall, a …

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‘Dangerous Proposition’: Biden Admin Power Players Directing Billions In Subsidies Raises Cronyism Risk, Watchdogs Say

June 27, 2023

‘Dangerous Proposition’: Biden Admin Power Players Directing Billions In Subsidies Raises Cronyism Risk, Watchdogs Say Nick Pope on June 27, 2023 Democratic insiders within the …

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Egypt to allocate $4.1 billion for food subsidies in 2023/24 – document

June 13, 2023June 13, 2023
Egypt to allocate $4. 1 billion for food subsidies in 2023/24 - document - photo licensed by shore news network.

By Nayera Abdallah and Nadine Awadalla CAIRO (Reuters) – Egypt is allocating 127.7 billion Egyptian pounds ($4.14 billion) for its sprawling food subsidy programme out …

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South Korea asks US to review China rule for chip subsidies

May 24, 2023
South korea asks us to review china rule for chip subsidies - photo licensed by shore news network.

By Soo-hyang Choi SEOUL (Reuters) – South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules …

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Japan core CPI likely re-accelerated in April despite energy subsidies- Reuters poll

May 11, 2023
Japan core cpi likely re-accelerated in april despite energy subsidies- reuters poll - photo licensed by shore news network.

By Kantaro Komiya TOKYO (Reuters) – Japan’s core consumer inflation likely re-accelerated in April, a Reuters poll of 19 economists showed, as a flurry of …

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Czech budget gap at record $9.3 billion in Jan-April on social spending, energy subsidies

May 2, 2023
Czech budget gap at record $9. 3 billion in jan-april on social spending, energy subsidies - photo licensed by shore news network.

PRAGUE (Reuters) – The Czech Republic’s budget deficit doubled to 200 billion crowns ($9.30 billion) in January-April, a record for the four-month period and reaching …

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EU may struggle to catch up with U.S., Asia in chips subsidies race

April 18, 2023
Eu may struggle to catch up with u. S. , asia in chips subsidies race - photo licensed by shore news network.

By Foo Yun Chee and Supantha Mukherjee BRUSSELS/STOCKHOLM (Reuters) – The European Union agreed a 43-billion-euro ($47 billion) chip subsidies plan on Tuesday but the …

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French lawmakers propose tax credits, subsidies for green industry

April 3, 2023
French lawmakers propose tax credits, subsidies for green industry - photo licensed by shore news network.

PARIS (Reuters) – France could offer tax breaks and subsidies for producing climate friendly technologies in the country, according to proposals on Monday from lawmakers …

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Biden Official Says She’s Not Making ‘Social Policy’ With Woke Requirements For Tech-Bill Subsidies

March 29, 2023
Biden official says she’s not making ‘social policy’ with woke requirements for tech-bill subsidies - photo licensed by shore news network.

Biden Official Says She’s Not Making ‘Social Policy’ With Woke Requirements For Tech-Bill Subsidies Jason Cohen on March 29, 2023 Lawmakers are in conflict over …

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Japan’s Feb consumer inflation seen slowing sharply on subsidies – Reuters Poll

March 16, 2023
Japan's feb consumer inflation seen slowing sharply on subsidies - reuters poll - photo licensed by shore news network.

TOKYO (Reuters) – Japan’s core consumer inflation likely slowed sharply in February from a 41-year high in the previous month, a Reuters poll of 20 …

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Biden’s ‘Climate Bank’ Bailout Bolsters Green Firms Poised To Rake In Federal Subsidies

March 13, 2023
Biden’s ‘climate bank’ bailout bolsters green firms poised to rake in federal subsidies - photo licensed by shore news network.

Biden’s ‘Climate Bank’ Bailout Bolsters Green Firms Poised To Rake In Federal Subsidies John Hugh DeMastri on March 13, 2023 The Biden administration’s Sunday decision …

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Biden Budget Calls For End Of Federal Oil And Gas Subsidies

March 10, 2023
Biden budget calls for end of federal oil and gas subsidies - photo licensed by shore news network.

Biden Budget Calls For End Of Federal Oil And Gas Subsidies John Hugh DeMastri on March 9, 2023 President Joe Biden called for an end …

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EU companies can get as much in EU aid as US subsidies under looser rules

March 9, 2023
Eu companies can get as much in eu aid as us subsidies under looser rules - photo licensed by shore news network.

By Foo Yun Chee BRUSSELS (Reuters) – EU businesses can get as much government funding as from a U.S. green energy subsidy package, under looser …

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EU’s Vestager says any damage from U.S. subsidies is likely to be limited – WSJ

February 24, 2023
Eu's vestager says any damage from u. S. Subsidies is likely to be limited - wsj - photo licensed by shore news network.

(Reuters) – EU anti-trust chief Margrethe Vestager said any damage to European competitiveness from U.S. subsidies was likely to be limited. Some European companies might …

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Green Tech Firms Launch Lobbying Group To Push For Govt Subsidies To Suck CO2 Out Of The Air

February 24, 2023February 23, 2023
Green tech firms launch lobbying group to push for govt subsidies to suck co2 out of the air - photo licensed by shore news network.

Green Tech Firms Launch Lobbying Group To Push For Govt Subsidies To Suck CO2 Out Of The Air John Hugh DeMastri on February 23, 2023 …

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Truckers and subsidies rev up interest in fuel cell vehicles

February 16, 2023
Truckers and subsidies rev up interest in fuel cell vehicles - photo licensed by shore news network.

By Nick Carey and Christina Amann LONDON/BERLIN (Reuters) – Interest in using hydrogen fuel cells to power trucks and vans is getting a boost from …

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Big subsidies and debt not solution to U.S. inflation act – German finance min

February 15, 2023
Big subsidies and debt not solution to u. S. Inflation act - german finance min - photo licensed by shore news network.

HELSINKI (Reuters) – Large subsidies and debt are not the right response to the U.S. Inflation Reduction Act, which should instead be an opportunity to …

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China car sales plunge 38% in January as subsidies, tax cut end

February 8, 2023
China car sales plunge 38% in january as subsidies, tax cut end - photo licensed by shore news network.

SHANGHAI/BEIJING (Reuters) – China’s passenger car sales slumped 38% in January, reversing a 2.4% gain in the previous month, industry data showed on Wednesday, as …

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EU warns of ‘unfair’ Chinese subsidies in Green Deal plan – draft

January 30, 2023
Eu warns of 'unfair' chinese subsidies in green deal plan - draft - photo licensed by shore news network.

BRUSSELS (Reuters) – Europe and its partners must do more to combat the effect of Chinese subsidies for the manufacture of clean technology products, the …

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EU must answer U.S. clean energy subsidies, commissioner says on Washington visit

January 27, 2023
Eu must answer u. S. Clean energy subsidies, commissioner says on washington visit - photo licensed by shore news network.

By David Lawder WASHINGTON (Reuters) – The European Union wants a deal quickly with the United States to resolve a dispute over U.S. electric vehicle …

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New Delhi to tap brakes on capex growth, key subsidies – Reuters poll

January 23, 2023
New delhi to tap brakes on capex growth, key subsidies - reuters poll - photo licensed by shore news network.

By Madhumita Gokhale and Sarupya Ganguly BENGALURU (Reuters) – The Indian government is set to tap the brakes on a torrid pace of capital investment …

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EU, U.S. start talks on electric vehicle subsidies – Commissioner

January 9, 2023
Eu, u. S. Start talks on electric vehicle subsidies - commissioner - photo licensed by shore news network.

MADRID (Reuters) – The European Commission has opened talks with the United States to discuss subsidies on electric vehicles sold in the North American trade …

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Intel delaying German factory start, wants more subsidies, Volksstimme reports

December 17, 2022December 17, 2022
Intel delaying german factory start, wants more subsidies, volksstimme reports - photo licensed by shore news network.

BERLIN (Reuters) – Intel Corp has backed away from its original target of opening a chip factory in the eastern German city of Magdeburg in …

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California Slashes Solar Panel Subsidies To Improve ‘Equity’

December 17, 2022December 16, 2022
California slashes solar panel subsidies to improve ‘equity’ - photo licensed by shore news network.

California Slashes Solar Panel Subsidies To Improve ‘Equity’ Jack McEvoy on December 16, 2022 The California Public Utilities Commission voted Thursday to heavily reduce the …

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