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Last updated on April 17, 2014 at 21:23 EDT

Latest Subsidy Stories

2013-04-17 08:26:55

New Oxford University Press Book, "Subsidies to Chinese Industry: State Capitalism, Business Strategy and Trade Policy" NEW YORK, April 17, 2013 /PRNewswire/ -- Why did China frequently move in a couple of years, in capital-intensive industries with no labor-cost advantage, from bit player and net importer to largest manufacturer and largest exporter in the world? Why have so many industrialized countries become primarily exporters of commodities and scrap to China? And how is this...

2013-01-30 16:21:12

FOIA-Disclosed Documents Expose Inadequate Attention to High Risk Faced by Taxpayers, Problems with Loan Due Diligence and Apparent Political Interference. ATLANTA, Jan. 30, 2013 /PRNewswire-USNewswire/ -- Documents newly acquired under a Freedom of Information Act (FOIA) request and subsequent litigation show that Solyndra-like problems are plaguing the controversial $8.33 billion federal loan guarantee conditionally committed for the construction of two nuclear reactors (Vogtle 3 and...

2012-12-18 16:21:34

WASHINGTON, Dec. 18, 2012 /PRNewswire-USNewswire/ -- The Department of Commerce ("Commerce") today issued its final results in the antidumping (AD) and countervailing duty (CVD) investigation of Chinese producers of utility scale wind towers and its final results in the antidumping investigation of Vietnamese producers of utility scale wind towers. In its final results, Commerce found that Chinese producers dumped towers in the United States at rates of between 44.99% to 70.63% and these...

2012-07-25 06:23:06

Subsidyscope Charts Analyze Major Spending Types in Nine Economic Sectors WASHINGTON, July 25, 2012 /PRNewswire-USNewswire/ -- As Congress considers ways to cut the deficit, Pew's Subsidyscope project is releasing comparative charts on federal spending and subsidies in nine key economic sectors. The new charts include FY 2010 data from USAspending.gov and the President's Budget on grants, non-competed contracts, tax expenditures, and loans and loan guarantees in the agriculture;...

2012-06-14 11:02:45

The federally funded child care subsidy program is among the government's biggest investments in the early care and education of low-income children. A new study has found that subsidies have the potential to enhance the quality of child care low-income children receive, but parents who use the subsidies aren't necessarily accessing the highest quality of care available to them. The study, conducted at Georgetown University and Columbia University, appears in the journal Child Development....

2012-05-30 10:26:26

BENTON HARBOR, Mich., May 30, 2012 /PRNewswire/ -- Today, the United States Department of Commerce (DOC) issued a preliminary determination against the South Korean government related to subsidies that violate U.S. and international trade laws. The investigation was launched earlier this year in response to a petition filed by Whirlpool Corporation (NYSE: WHR) to protect its 23,000 U.S. employees, the communities in which they work, and U.S. consumers. The inquiry focuses on unlawful...

2012-05-03 14:21:02

WICHITA, Kan., May 3, 2012 /PRNewswire/ -- A news item released yesterday quotes oil and natural gas investor T. Boone Pickens saying, "The biggest deterrent to an energy plan in America is Koch Industries." His reasoning? That we support market prices for natural gas. Mr. Pickens has stated that he is standing up for the American people by lobbying Congress for the passage of the NAT GAS Act. However, as The Atlantic reported, the NAT GAS Act is a scheme to get tax breaks from the...

Can Supply-Side Economics Solve Global Pollution Problems?
2012-04-14 05:14:40

Michael Crumbliss for Redorbit.com An alternate solution for managing fossil fuel emissions and climate change was released this week by Bard Harstad of Northwestern University´s Kellogg School of Management. The study, titled “Buy Coal, A Case for Supply-Side Environmental Policy,” proposes that known but unexploited fossil fuel deposits can be bought by climate coalition (first-world) countries and kept out of the market. The unused deposits in question are those in...

2012-03-12 11:21:00

CHICAGO, March 12, 2012 /PRNewswire/ -- The World Trade Organization (WTO) Appellate Body today released its decision in DS 353 addressing a complaint the European Union (EU) filed against the United States in retaliation for an earlier U.S. challenge to the subsidies European governments have provided to Airbus. Boeing (NYSE: BA) issued the following statement in response to the WTO action: "The Appellate Body today slashed earlier findings of harm to Airbus from U.S....

2012-01-18 08:00:00

WASHINGTON, Jan. 18, 2012 /PRNewswire-USNewswire/ -- Despite the fact that many economic development deals fall short on job creation or other benefits, states are inconsistent in how they monitor, verify and enforce the terms of job subsidies. Many states fail to verify that companies receiving subsidies are meeting commitments, and many more have weak penalty policies for addressing non-compliance. These are the findings of Money-Back Guarantees for Taxpayers: Clawbacks and...