Sentences with phrase «global coal reserve»

Global coal reserve data are of poor quality, but seem to be biased towards the high side.

85 percent of global coal reserves are concentrated in six countries (in descending order of reserves): USA, Russia, India, China, Australia, South Africa.

«In addition to abandoning more than 80 percent of current global coal reserves, the researchers say, the world should forego extracting a third of its oil and half of its gas reserves before 2050,» National Geographic reported, with apparent approval.

While vast global coal reserves make this question more neutral with regard to carbon per se, it a more complete socio - politico - economic experiment nonetheless to examine how good we have been at steering the oceanliner of energy policy with regard to foreign oil in the United States, obviously a more simple problem than all fossil fuels together.

Not exact matches

For the time being, much of the analysis on the financial losses focuses on the plunge in oil and coal prices, and the potential that a huge portion of the global reserves of oil, gas, and coal will be «stranded» in the ground to curb climate change.

Interest in hydrates has skyrocketed in recent years because global deposits are thought to harbor more fuel energy than all the world's coal, oil and natural gas reserves combined.

And there's little doubt that it's needed, according to a report from the Massachusetts Institute of Technology: developing countries like China and India will burn their coal reserves to power industry and alleviate poverty so developing cleaner ways to use it will be a global imperative.

More important though — as Dr. Hansen, NASA's chief climate scientist, has stated, we can not solve global warming if we burn all of the remaining reserves of coal.

Such options include the inevitable expansion of Canada's own tar / oil sands (Keith Kloor has nicely knitted several views of this option), ever more coal production and the global push to tap greatly expanded reserves of natural gas.

Even after decades of increasingly dire warnings, the US has still not passed comprehensive federal legislation to combat global warming; Canada has abandoned past pledges in order to exploit its emissions - heavy tar sands; China continues to depend on coal for its energy production; Indonesia's effort to stem widespread deforestation is facing stiff resistance from industry; Europe is mulling pulling back on its more ambitious cuts if other nations do not join it; northern nations are scrambling to exploit the melting Arctic for untapped oil and gas reserves; and fossil fuels continue to be subsidized worldwide to the tune of $ 400 billion.

«Investors in carbon - intensive business could see $ 6 trillion wasted as policies limiting global warming stop them from exploiting their coal, oil and gas reserves, according to a report.

Between 60 - 80 % of coal, oil and gas reserves of publicly listed companies are «unburnable» if the world is to have a chance of not exceeding global warming of 2 °C

«The majority of proven coal, oil, and gas reserves may be considered «unburnable» if global temperature increases are to be limited to two degrees Celsius,» he wrote in a letter to the British parliament's Environmental Audit Committee (PDF) in October, referring to the widely accepted temperature threshold for avoiding the worst effects of climate change.

Scientists have shown that most of the coal, oil and gas reserves such companies own will have stay in the ground if the global rise in temperature is to be kept under 2C.

Over the same two decades, improving knowledge of global coal reduced estimates of total reserves by two - thirds, while costs increased much faster than anticipated by long - range coal resource models with long and flat supply curves.

The report argues that «60 - 80 % of coal, oil and gas reserves of publicly listed companies are «unburnable» if the world is to have a chance of not exceeding global warming of 2 °C.»

Meanwhile, natural gas, at 20 % of global fossil fuel reserves, offers the largest - scale, economic - without - subsidies substitute for either coal or oil.

And the actual possible contribution of remaining coal reserves to global warming could be less than half a degree?

The Middle East was the only region without any noteworthy coal reserves, accounting for only 0.02 % of global production.

To keep global warming from exceeding the widely accepted 2 - degree limit, a third of oil reserves would have to be left underground along with higher levels of coal and natural gas deposits, according to a series of reports.

Our Australia's Carbon Bubble report reveals that Australia's coal reserves are already more than double their market share of the precautionary global carbon budget for coal.

But the 51 gigatonnes of carbon pollution (GtCO2) in the coal reserves that Australian companies already have on their books represent about 25 per cent of a precautionary 200 GtCO2 global carbon budget for coal.

The study notes that current global reserves of coal, oil and gas equate to the release of nearly 3 trillion tonnes of CO2 when used and based on this draws the conclusion that two thirds of this can not be consumed if a global budget were in place that limits emissions to 1.1 trillion tonnes of CO2 for the period 2011 to 2050.

We need a global programme whose purpose is to leave most coal and oil and gas reserves in the ground, while developing new sources of power and reducing the amazing amount of energy we waste.

The authors drew on available data to establish global reserves at 1,294 billion barrels of oil, 192 trillion cubic metres of gas, 728 Gt of hard coal and 276 Gt of lignite.

Research published in Nature recommends that, globally, a third of oil reserves, half of gas reserves, and over 80 percent of current coal reserves should remain unused from 2010 to 2050, in order to keep average global temperatures from rising no more than two degrees Celsius above pre-industrial levels.

Victories were seen on four continents: in Bolivia a draconian response to protestors embarrassed the government, causing them to drop plans to build a road through Tipnis, an indigenous Amazonian reserve; in Myanmar, a nation not known for bowing to public demands, large protests pushed the government to cancel a massive Chinese hydroelectric project; in Borneo a three - year struggle to stop the construction of a coal plant on the coast of the Coral Triangle ended in victory for activists; in Britain plans to privatize forests created such a public outcry that the government not only pulled back but also apologized; and in the U.S. civil disobedience and massive marches pressured the Obama Administration to delay a decision on the controversial Keystone XL pipeline, which would bring tar sands from Canada to a global market.

For instance, using the emission factor for coal from IPCC [48], coal resources given by the Global Energy Assessment [114] amount to 7300 — 11000 Gt C. Similarly, using emission factors from IPCC [48], total recoverable fossil energy reserves and resources estimated by GEA [114] are approximately 15000 Gt C.

«Keep it in the Ground» has been a rallying cry for groups working to fight climate change, after researchers calculated that at least a third of known oil reserves, half of gas reserves and 80 percent of coal reserves should not be burned to prevent an average global temperature increase of more than 2 degrees Celsius.

If a global climate deal makes good on that pledge, those coal, oil and gas reserves could become worthless, potentially losing investors trillions of dollars.

In 2013, Bill McKibben wrote his piece in Rolling Stone «Global Warming's Terrifying New Math,» where he showed that if we burned all the coal, gas and oil that was in reserve on fossil fuel companies» balance sheets, we'd be Venus.