Subsidy articles
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IMF: Why we asked Nigeria to remove fuel subsidy
The International Monetary Fund (IMF) has explained why it advised Nigeria to remove fuel subsidies, adding that the subsidy regime was robbing the poor for the rich.
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Inslee rolls out $45 million in subsidies for electric vehicles
(The Center Square) – One strategy for state officials looking to transition Washington’s transportation sector to electric vehicles is by subsidizing them with taxpayer dollars. This week, Gov. Jay Inslee announced $45 million in subsidies through a Department of Commerce grant program for families deemed “low-income” to purchase an EV. “Washingtonians really get it when it comes to electric vehicles,” Inslee said at a Wednesday news conference in Tukwila. ...
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Do massive EV subsidies make sense while the industry struggles to grow?
Honda and Toyota are promising billions in new EV investments as governments hand out subsidies and tax credits. But EV sales in North America have slowed amid concerns over costs and range anxiety.