Then last year, Ward took part in the Break Free from
Fossil Fuels oil train blockade, also in Anacortes.
«We found that nearly a billion metric tons of above - ground carbon stocks in Peru are at imminent risk for emission into the atmosphere due to land uses such as
fossil fuel oil exploration, cattle ranching, oil palm plantations and gold mining,» Asner said.
Not exact matches
Fossil -
fuel subsidies drain government budgets, throwing up a fiscal wall that blocks state support for clean energy while protecting the interests of the
oil industry.
Fossil fuel usage, meanwhile, is expected to hit its ceiling in 2030 at 2.93 billion tons of
oil equivalent with coal expected to continue as the top energy source for China by 2050.
It is often difficult to calculate the precise proportion of
fossil fuel investments in complex funds, but about $ 400bn of the $ 5.2 tn total is likely to be in coal,
oil and gas.
Ultimately,
oil and gas companies need to become what they claim to be; «integrated energy companies», rather than integrated
fossil fuel companies.
The
fossil fuel divestment campaign began on university campuses in 2011 but the new report reveals that concerns over investments in coal,
oil and gas have now entered the financial mainstream, with more than 80 % of the funds now committed to divest being managed by commercial investment and pension funds.
But when it comes to fracking — the
oil and gas industry's technique to tap into harder - to - reach
fossil fuels — the two have similarly negative yet slightly divergent view points, which were highlighted at the Democratic Presidential Debate in Flint, Michigan, on Sunday night.
That logic is another reason why OPEC countries have less of an incentive to cut back production: renewable energy sources is starting to give
fossil fuels some serious competition, and
oil - exporting countries have an interest in keeping
oil a cheap alternative.
In theory, the move could also drive down
oil prices, so businesses that rely on
fossil fuels may see savings.
The
fossil fuel industries are making moves in Europe, with
oil suppliers cutting supply to drive up prices again.
«People have been predicting the end of
oil and other
fossil fuels for decades.
Rive argues that it should stay underground, that the
oil majors look at the world through petroleum - coated lenses, and that the benefits of solar are so obvious that once the price becomes more competitive,
fossil -
fuel use will plunge.
Not only is US
oil output expected to grow, but an exit from the Paris accords also sends the signal that the Trump administration is doubling - down on domestic
fossil fuels.
In addition to tax changes (more on that below), Trump's plan to grow the economy focuses largely on generating more jobs in the
fossil fuel economy (in coal and onshore and offshore drilling for
oil and gas) and as a result of new infrastructure projects.
«The
oil companies knew from 1959 on, they did their own study that there would be global warming happening because of
fossil fuels, and on top of it that it would be risky for people's lives, that it would kill,» Schwarzenegger said in the podcast.
His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the
fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of
oil.»
«CBC Canada reported on [a] report, [from
Oil Change International] but later issued a: Correction This story has been updated from a previous version that misstated the title of the report as «
Fossil Fuel Bailout.»
Notably absent from the list are
oil and coal companies that have built their businesses on
fossil fuels.
In the 1980s, Exxon lobbied to replace scarce
oil with synthetic
fossil fuels, but it glossed over the high carbon footprint associated with synfuels.
A global awareness of climate change and the recognition that the endless combustion of
fossil fuels is unsustainable is changing the game for the
oil industry.
To ensure the fund had a low - carbon footprint, NUBD excludes issuers in sectors having high levels of
fossil -
fuel reserve ownership — which includes metals miners and
oil and gas producers.
Over a year which has seen large banks halt funding for
fossil fuel projects, major institutions divest from
oil, gas and coal holdings, and
oil companies snap up power and renewables companies in a bid to diversify their asset base, research published today by the UK Sustainable Investment and Finance Association (UKSIF) and the Climate Change Collaboration suggests nervousness over climate risk has shot up in financial circles.
Oil and gas companies, the most profitable corporations in history, are counting their
fossil fuel reserves as money in the bank and continuing to spend capital on finding and developing even larger reserves.
The sponsors withdrew the resolution after the company agreed to report on how much of its
oil and gas reserves would become unsellable — or stranded — if a global treaty decreased
fossil fuel demand.
Furthermore, efforts at
oil giant Royal Dutch Shell RDS.A, +0.62 % to move beyond
fossil fuels into low - carbon energy is as much driven by the growth potential of alternative energy markets as a concern for global warming.
It also was the only U.S.
oil major to do more than dabble in energy not derived from
fossil fuels.
The government and the
oil and gas industry have spent lavishly to promote
fossil fuel development, but a poll for the Canadian Association of Petroleum Producers found that only 51 % of us think tar sands /
oil sands development is worth the environmental risk; 49 % think it isn't.
Viewed in one dimension, the standoff over construction of a 1,172 - mile, $ US 3.8 billion
oil pipeline pits thousands of protesters massed on the prairie to safeguard a sole source of tribal drinking water from the
fossil fuel industry and its allies in government and finance.
In order to send a message to
fossil fuel companies that
oil and coal reserves are best left in the ground, the movement encourages investors to sell their shares in these companies.
Energy prices, in particular, have risen sharply: Japan buys virtually all of its
oil and gas abroad, and the post-Fukushima shutdown of the country's nuclear industry has further increased the need for
fossil fuels.
There were no test tubes or Bunsen burners, but a courtroom turned into a science classroom Wednesday for a U.S. judge considering lawsuits that accuse big
oil companies of lying about the role of
fossil fuels in the Earth's warming environment.
New York City is taking on the
oil industry on two fronts, announcing a lawsuit Wednesday that blames the top five
oil companies for contributing to global warming and saying the city will sell off billions in
fossil fuel investments from the city's...
The dramatic and protracted downturn in the
oil price has been posited by many as heralding the end of
fossil fuels.
The United Arab Emirates» energy giant is seeking to boost profitability and gain access to new markets during a period of prolonged low
oil prices that has piled pressure on nations dependent on revenue from
fossil fuel.
They compare bananas to oranges and drive the debate away from the real issue — our unsustainable dependence on
fossil fuels and the incredible environmental toll that multinational
oil companies are enacting both overseas and in Alberta's oilsands.
Sir, you're using the diversion tactic of lumping «
oil and gas liquids» into the presumed category of
oil itself (the most versatile
fossil fuel).
From there, the
oil will head for refineries on the Gulf Coast and ultimately, as the emissions from
fossil fuels, into the atmosphere to help create future summers so hot no one will forget them.
What's the long - term outlook for crude
oil as the global economy is slowly transitioning away from
fossil fuels to alternative energy?
Fund managers are worried that some
oil fields could become worthless as governments try to reduce
fossil -
fuel consumption to fight against climate change.
Crude
oil's secular bear market trend matches up very well with the underlying transition process from
fossil fuels to alternative energy.
For example, if the world population hits only 8.3 billion by 2050 instead of the 9.7 billion figure typically cited by the UN,
fossil fuel consumption could end up being 17 percent lower in 2050 than the
oil industry thinks.
The will to overlook accelerated climate change caused by the extraction of tar sands
oil, the destruction of the carbon sink that is / was the boreal forest, and the continued burning of
fossil fuels to power trips to the corner store for a creamy, etc..
What's the reason behind the conversion from
fossil fuels to vegetable
oil?
Apparently, it will only be when we cease our dependency on
fossil fuels, and the massive Muslim
oil money that is diverted to radical Islam dries up, that the promoters of this barbarous cult will retreat back to the desert where all this horror originated.
Colin...
Oil is a natural resource which may very well be described as a
fossil fuel, but where did you get the idea that this somehow contradicted Christianity?
Secondly, there are those little things we call
oil, natural gas and other
fossil fuels.
The mounting evidence for climate change, and all its tragic consequences, has provided a powerful argument against
fossil fuel power stations: the burning of coal, gas and
oil releases carbon dioxide into the atmosphere and this is almost certainly responsible for global warming.
(ii)
Oil, natural gas and other
fossil fuels.
Any geologist who works for Exxon Mobil, Shell, BP, Haliburton, Schlumberger, Gasprom, Saudi Aramco, Baker and Hughes, Petrobras, China's national
oil company or any of the thousands of mining or
oil or natural gas related companies that make a living finding
fossil fuels, will tell you these
fossil fuels take millions of years to develop from the remains of large forests or marine creatures.