Every year, one of the projects I give my students is to figure out how the global community can address the climate risk, given that it requires concerted global action, that some countries cause more emissions per capita than others, that some are endowed with
abundant fossil fuel resources, and that some are richer than others.
They assume we possess no competitive advantage in the sector, and have been lulled into complacency by virtue of
our abundant fossil fuel resources.
Not exact matches
Unfortunately,
fossil fuels are so
abundant that
resource depletion is not going to make them too expensive to use, so that emissions fall in time (indeed,
resource depletion of oil this side of 2050 will mean coal and gas will be used for synthetic
fuels - pushing emissions up even faster that I think the IEA recognise).
President Donald Trump moved aggressively to undo his predecessor's carbon - cutting commitments, promising «a new energy revolution» that would unleash America's
abundant fossil -
fuel resources.
«With this decision, Massachusetts electric consumers have secured an
abundant, inexhaustible, and clean energy
resource that provides price stability and avoids all of the external costs of
fossil fuels.
OTTAWA — Canada's
abundant renewable electricity
resources offer the country a competitive advantage in global efforts to cut carbon pollution and deliver clean growth, and can power our economy as it shifts from
fossil fuels to clean energy.
Although Brazil is an oil power, it's
abundant hydro
resources greatly reduce its dependence on
fossil fuels.
Energy market reform (desirable in itself) encouraging cleaner, more
abundant renewable energy
resources will reduce geopolitical tension over access to
fossil fuel resources.
For instance, certain greenhouse - gas stabilisation strategies can affect economies whose development paths are dependent on
abundant local
fossil -
fuel resources, including economic sectors involved in mining and
fuel supply as well as
fuel use.