Tag #Government Subsidies

es.euronews.com
🌐 85% Global Worthiness
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Global EV Sales Hit Record in 2024 Despite Regional Variations

Global electric vehicle sales reached a record 17.1 million units in 2024, a 25% increase; however, growth varied regionally, with China surging 40%, North America up 9%, and Europe down 3% due to policy changes.

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36% Bias Score

Climate Action
kathimerini.gr
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Greek Energy Efficiency Program Prioritizes Coldest Regions

The Greek government's new "Exoykonomo" program prioritizes homes for energy efficiency upgrades based on location's coldness, measured in "degree-days". The program allocates €396 million, with portions reserved for vulnerable groups, and applications are due March 20th.

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36% Bias Score

Affordable and Clean Energy
edition.cnn.com
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China Expands Trade-In Scheme, Subsidizes Digital Goods to Boost Consumption

China is expanding its consumer trade-in program to include more home appliances and offering subsidies for digital goods up to 6,000 yuan ($818) to boost the struggling consumer sector, allocating 81 billion yuan in 2025 with potential for further increases, as part of a broader plan to stimulate e...

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40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 75% Global Worthiness
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Australia Subsidizes EV Loans to Boost Adoption

The Australian government announced a \$150 million plan to subsidize electric vehicle loans for essential workers and those earning under \$100,000, potentially saving buyers up to \$8000 and including used EVs, to boost low-emissions transport and address a key barrier to wider adoption.

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48% Bias Score

Climate Action
welt.de
🌐 75% Global Worthiness
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German EV Sales Slump Prompts Calls for EU-Wide Incentives

The end of Germany's electric vehicle purchase incentive has caused a slump in sales, leading to job cuts at Ford's Cologne plant and calls for EU-wide incentives or national support, despite political hurdles.

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40% Bias Score

Decent Work and Economic Growth
nos.nl
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Tata Steel's Financial Crisis Threatens Thousands of Jobs

Tata Steel in IJmuiden is facing a €556 million loss and job cuts due to cheap Chinese steel, high energy costs, and potential US import tariffs, necessitating billions in government subsidies for decarbonization while facing pressure from unions and political parties to act quickly to save thousand...

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52% Bias Score

abcnews.go.com
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CHIPS Act: High Costs Raise Doubts About Semiconductor Production Boost

The $280 billion CHIPS and Science Act, designed to boost U.S. semiconductor production, is projected to create 93,000 construction jobs and 43,000 permanent jobs, but at a cost of roughly $185,000 per job, raising concerns about economic efficiency and the potential impact of the incoming Trump adm...

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48% Bias Score

Industry, Innovation, and Infrastructure
nos.nl
🌐 75% Global Worthiness
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CPB Warns Housing Subsidies Primarily Benefit Landowners, Not Buyers

The Dutch Central Planning Bureau (CPB) warns that \u20ac5 billion in government housing subsidies will likely primarily benefit landowners, not homebuyers, unless the system is fundamentally altered, while average house prices are expected to reach \u20ac500,000 by summer if the current rate contin...

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48% Bias Score

Reduced Inequality
dailymail.co.uk
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UK to Subsidize Solar Panel Installations to Meet Clean Energy Goals

The UK government will provide grants and cheap loans to homeowners for solar panel installations as part of its £6.6 billion warm homes plan, aiming to reach its 2030 clean energy goals and support the adoption of 600,000 heat pumps annually by 2028.

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32% Bias Score

Affordable and Clean Energy
dw.com
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"Northvolt Bankruptcy Jeopardizes Germany's 600 Million Euro Battery Investment"

"Germany faces a setback in its electric vehicle strategy as Swedish battery producer Northvolt, which received 600 million euros in German funding for a planned factory in Heide, Schleswig-Holstein, declared bankruptcy in December 2024, raising questions about the government's investment strategy a...

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60% Bias Score

Industry, Innovation, and Infrastructure
zeit.de
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"Slow E-Car Sales in Germany Prompt Calls for EU-Wide Incentives"

"Following the end of Germany's electric vehicle subsidy, sales dropped, leading to Ford's Cologne plant planning to cut roughly 25% of its workforce within three years despite a €2 billion investment in electric vehicle production; Chancellor Scholz proposes EU-wide incentives, while the FDP critic...

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48% Bias Score

Decent Work and Economic Growth
nos.nl
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Tata Steel Needs Billions in Subsidies to Survive Amidst Financial Crisis

Tata Steel in IJmuiden is facing a €556 million loss and potential job cuts due to cheap Chinese steel and high energy costs, necessitating billions in government subsidies for emission reductions, modernization, and the creation of a sustainable business model for green steel production in the face...

Progress

40% Bias Score