Tag #Subsidies

theguardian.com
🌐 85% Global Worthiness
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GM Threatens to Demolish Detroit Skyscraper Over $250m Subsidy Demand

General Motors is threatening to demolish Detroit's tallest building, the RenCen, if it doesn't receive a $250 million taxpayer subsidy for renovations, a move drawing accusations of "extortion" amid the automaker's recent $9.9 billion profit and substantial existing government support.

Progress

60% Bias Score

Sustainable Cities and Communities
immobilier.lefigaro.fr
🌐 75% Global Worthiness
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France's Political Crisis: Uncertainty Rocks Real Estate and Energy Renovation

France's government crisis creates uncertainty in the real estate sector, impacting housing prices, credit rates, and energy renovations; while changes to MaPrimeRénov reduce aid for biomass heating and comprehensive renovations, delaying energy efficiency improvements.

Progress

44% Bias Score

Affordable and Clean Energy
palermo.repubblica.it
🌐 55% Global Worthiness
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Sicily Expands Christmas Airfare Discount to 50%

The Sicilian regional government increased its Christmas airfare discount from 25% to 50% for all Sicilian residents and former residents, costing an additional €17.2 million, and includes reimbursements for previously purchased tickets, impacting over 400,000 Sicilians.

Progress

40% Bias Score

faz.net
🌐 75% Global Worthiness
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German EV Market Crashes After Subsidy Cut

The German electric vehicle market significantly declined after the end of government subsidies in December 2023, resulting in a 26.6 percent drop in new registrations by October 2024, impacting overall car sales and raising concerns about the country's climate goals and global competitiveness.

Progress

44% Bias Score

elpais.com
🌐 75% Global Worthiness
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Colombia Averts Blackout, But Financial Crisis Looms in Energy Sector

Delayed rains have increased Colombia's reservoir levels, decreasing the immediate risk of a widespread blackout; however, a 7 trillion peso (US \$1.7 billion) government debt in energy subsidies, coupled with insufficient infrastructure, poses a significant long-term threat to energy security.

Progress

44% Bias Score

parsi.euronews.com
🌐 65% Global Worthiness
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Iran's Delayed Subsidy Payments Raise Concerns

Delayed Iranian subsidy payments spark concerns about budget shortfalls and potential policy shifts, fueling speculation and public concern.

Progress

40% Bias Score

No Poverty
elmundo.es
🌐 75% Global Worthiness
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"Fraudulent Website Mimics Madrid's Boiler Replacement Program

"A fraudulent website, mimicking the official website of the Community of Madrid, offers €50-€300 subsidies for boiler replacements, despite the regional government ending its program in December 2023 and having no plans for a new one in 2024."

Progress

48% Bias Score

Climate Action
zeit.de
🌐 75% Global Worthiness
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Germany Seeks to Extend Funding for Deutschlandticket, Including Free Child Travel

Germany's ruling coalition proposes extending funding for the 49-euro Deutschlandticket public transport pass beyond 2025, including free child travel to offset a planned price increase to 58 euros, seeking broader political support.

Progress

36% Bias Score

Reduced Inequality
taz.de
🌐 85% Global Worthiness
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Northvolt Insolvency Threatens €600 Million in German Loan Guarantees

Northvolt, a Swedish battery manufacturer, declared insolvency, jeopardizing over €600 million in German and Schleswig-Holstein loan guarantees for its Dithmarschen factory; despite this, construction continues.

Progress

40% Bias Score

sueddeutsche.de
🌐 75% Global Worthiness
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Bavarian Auto Summit Demands Funding and Regulatory Flexibility

The Bavarian Automotive Summit, led by Minister-President Markus Söder, concluded with demands for increased electric mobility funding, tax incentives, and investment programs from Berlin and Brussels, alongside calls for reduced truck tolls and technology neutrality. Greenpeace criticized this appr...

Progress

44% Bias Score

kathimerini.gr
🌐 75% Global Worthiness
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Greece Announces €100 Million Plan to Subsidize Electricity Costs

Greece will spend €100 million to subsidize households and small businesses against high electricity prices, capping costs at €0.15/kWh, and imposing a windfall tax on energy producers; larger businesses will receive indirect support through tax breaks.

Progress

40% Bias Score

Affordable and Clean Energy
welt.de
🌐 45% Global Worthiness
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German Homeowners Resist Energy-Efficient Renovations

A recent survey reveals that many German homeowners are hesitant to renovate their properties for energy efficiency due to high costs and unclear government subsidies. This resistance poses a significant obstacle to achieving climate goals.

Progress

36% Bias Score

Climate Action