With loose policies governing greenhouse gas emissions, developing nations are more likely to turn to coal as
a cheap fuel source, despite it being the worst source of pollutants among fossil fuels, the IEA says.
Coal generation has slipped to No. 2 as utilities slowly switch to natural gas as a cleaner and
cheaper fuel source.
«Coal is still
the cheapest fuel source.»
Not exact matches
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.
Solar power recently crossed the threshold to become the
cheapest energy
source, and other renewable
sources are quickly dropping in price, putting them close to par or better compared to conventional fossil -
fuels.
On the blackboard, fusing hydrogen atoms produces enormous amounts of heat which can be captured and developed into an energy
source, energy that is safe,
cheap, does not burn fossil
fuels or consume non-renewable resources.
Nuclear fusion has long tantalized humanity as a potential energy panacea — a
fuel source that could prove to be
cheap, inexhaustible, and clean.
«Your manufacturing cost could be very
cheap, but with all the risks along the way, whether
fuel prices or natural disasters, it might not make sense for your business to
source something in Asia and ship it back here.»
Cheap natural gas has been an important
source of
fuel for the oilsands, but most of Canada already had abundant hydro - electrical endowments to power homes and businesses at relatively low cost, so shale hasn't been much of a revolution over here (pdf).
The following year, the company filed the current proposal, which had the support of many business, energy and labor groups because of its promise of new jobs,
cheaper gas and an additional
source of
fuel.
But batteries for grid storage will have to be very
cheap to compete with fossil
fuels as an on - demand energy
source.
But the environmental price tag of biofuels now joins the ranks of other,
cheaper domestic
fuel sources — such as coal - to - liquid
fuel — as major
sources of globe - warming pollution as well as unintended social consequences.
«We can't burn all these fossil
fuels,» Hansen told a group of reporters on December 3, noting that as long as fossil
fuels are the
cheapest energy
source they will continue to be burned.
Both
cheap and readily available, these nanostructures could save hydrogen
fuel producers billions of dollars, while making a green energy
source even greener, the team says.
Due to methane gas, as a primary energy
source, having a noticeably lower cost than electricity, hydrogen could be a
cheaper fuel for vehicles than electricity.
While we are disappointed with DOE's decision to exclude Holtec from the award, we remain confident that our reactor, the SMR - 160, has the greatest potential to triumph in a global marketplace because it is designed to meet the highest expectations of safety and is uniquely engineered to compete economically with other
sources of alternative energy in the evolving era of
cheap fossil
fuels.
Nuclear power is not «too
cheap to meter,» and in fact, despite hundreds of billions of dollars in government subsidies and in ratepayer charges, nuclear power greatly trails other
fuels as a
source of electricity and is useless in providing for the world's other major energy needs, including transportation.
The simple SAD fact that carbs / glucose are so readily available and
cheap today doesn't mean that we should depend on them as a primary
source of
fuel or revere them so highly.
Unlike most other brands that harvest MCT's from palm oil, (a much
cheaper and environmentally taxing
source), by using pure coconut oil we also deliver approximately 30 % Lauric Acid, an important form of MCT that acts as a slower burning
fuel source.
BAU will achieve this goal as alternative energy
sources are made more reliable, more robust (i.e. PV panels that maintain 80 % for 80 years or so), and
cheaper to mass produce; and as fossil
fuels become harder to extract and more expensive.
Cost of these alternative
sources are
cheaper than continuing to use irreplaceable fossil
fuels or dangerous (both materially and policically) radioactive materials.
-- For the moment, it's not
cheap to move away from the
fuels of convenience, coal and oil, that when burned are the main
source of human - generated greenhouse gases.
The greatest tragedy for the earth (and humanity) would be for us to discover a
cheap & plentiful
fuel source.
If the main goal is to achieve a power
source that could replace fossil
fuels, we suspect the money would be better spent on renewable
sources of energy that are likely to be
cheaper and quicker to put into wide use.
The piece effectively, if depressingly, reveals why all of the options for slowing or stopping the buildup of this long - lived greenhouse gas will be nearly impossible to deploy at a scale relevant to the climate challenge as long as conventional burning of abundant carbon - rich
fuels — particularly coal — is the
cheapest energy
source.
However, you don't want to argue for a rational solution — i.e.
cheap nuclear power (which also happens to be 10 to 100 times safer than our currently accepted main
source of electricity generation, fossil
fuel) and also happens to be a near zero emission technology (in fact much lower than renewables given they need fossil
fuel backup, and given solar needs about 10 times as much material per TWh on an LCA basis).
But not enough to make renewables an obviously
cheaper source of electricity than fossil
fuels.
They choose fossil
fuels over renewable energy
sources because they are
cheaper and tend to think short - term instead of looking ahead.
This is perhaps of little surprise when we consider the World Economic Forum's finding that unsubsidized renewables were the
cheapest source of electricity in 30 countries last year, or that IRENA has estimated renewables will be consistently
cheaper than fossil
fuels by 2020.
With many renewable
sources of power, like wind, now
cheaper than fossil
fuels, it has become clear that preventing global climate change is green in all definitions of the word.
The introduction of machines powered by
cheap and easily accessible fossil
fuels led to a decline in the use of wind power, but since reserves of these
fuels are finite and as the world becomes more conscious of the pollution generated by these
fuels, focus has turned once again to tapping this free
source of energy.
B. President Obama seems not to understand that as long as fossil
fuels are allowed (to appear to the user) to be the
cheapest reliable energy, they will continue to be the world's largest energy
source and the likelihood of disastrous consequences for young people will grow to near certainty.
But it is good reason to find an even
cheaper source of energy than fossil
fuel.
«Making smaller coal plants doesn't make coal
cheaper or cleaner, it just forces the public to again subsidize a dangerous
fuel source of the past.
But we will find a renewable energy
source that is as
cheap as fossil
fuels / will be /.
We may never find a renewable energy
source that is as
cheap as fossil
fuels have been.
In reality, when all costs are taken into consideration, many renewable energy
sources are significantly
cheaper than fossil
fuels.
You are right Tim, we may never find a renewable energy
source that is as
cheap as fossil
fuels have been.
Similarly, imposing a strict mitigation strategy curtailing fossil
fuel use without suitable
cheap and abundant alternative
sources would likely lead to economic disaster.
These
sources of energy and efficiency technologies are in many cases
cheaper than fossils, have steep cost curves, produce a positive ROI for businesses and consumers, are anti-inflationary because they don't use a commodity
fuel or consume less
fuel, have the ability to decentralize and stabilize energy supply.
I'm willing to make the following wager — that it is far easier to prove the benefits of
cheap energy, of whatever
fuel source, to the Earth's population than it is to prove the harm that will derive from producing that energy.
Owners of the plants have been squeezed by regulations forcing expensive pollution control upgrades at the same time
cheaper sources of
fuel have rendered the plants unprofitable.
A sober assessment will acknowledge that fossil
fuels are remarkable
sources of energy —
cheap, energy dense, and widely available.
I think it's worth noting that burning fossil
fuels will still be
cheaper and easier than relying on intermittent energy
sources.
The lack of affordable electricity in poor countries is responsible for poverty and at least three million deaths a year from indoor smoke, yet western countries and international institutions largely refuse to support the
cheapest source of electricity, fossil
fuels.
Reaching the 2 °C target is a political headache, requiring nations to crack down on energy inefficiency and switch from
cheap but polluting fossil
fuels to cleaner
sources.
Compressed natural gas began to gain attention as a
cheap, eco-friendly
fuel source in the 1960s and 1970s.
There are electric cars out there already that are
cheaper, faster, easier to maintain, mostly recyclable and cleaner than equivalent motor cars (even if charged from a fossil
fuel generated
source!).
The failure of «
cheap energy» is splitting Americans into two rival camps: one that is enthusiastic about needless subsidy of oil and gas and another that sees without fossil subsidies renewable
sources and more
fuel - efficient cars and trucks come out ahead in the Market.
FACT CHECK: wind power contributes about 6 % of Ontario's electricity supply, at four times the cost of other power
sources; wind power is not the «lowest - cost» option — the turbines are
cheap to build but there are many other costs associated with wind power and its intermittency; wind power can not replace hydro and nuclear — the fact is, coal was replaced by nuclear and natural gas, a fossil -
fuel - based power
source.