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State Senate Democrats are at long last questioning New York’s tax subsidies for Hollywood — but only to burn the money somewhere else. Dusting off a year-old report that confirms the $700 million tax credit doesn’t remotely generate enough economic benefits to justify the expense, Sen. Liz Krueger told reporters, “We have to get smarter […]
UK, New Zealand, and Colombia join coalition to phase out fossil fuel subsidies An announcement has just come through that the United Kingdom, New Zealand, and Colombia have joined the international Coalition on Phasing Out Fossil Fuel Incentives Including Subsidies (COFFIS). COFFIS is a Dutch-led coalition of governments working together to remove barriers and facilitate […]
While many feel that demand for electric vehicles (EVs) in India is tapering off, Mercedes India CEO Santosh Iyer believes it is not right to draw conclusions just yet. Speaking to Autocar India on the sidelines of the new E-Class launch, Iyer said, “Everybody looks at sales numbers and says demand has gone. But demand […]