Sentences with phrase «coal and gas reserves»

The so - called «carbon bubble» is the result of an over-valuation of oil, coal and gas reserves held by fossil fuel companies.

Not exact matches

Experts estimate that the US only has enough natural gas reserves to last 93 more years, and enough coal to last about 283 years.

And second, competition will also be coming from China's own shale reserves, not to mention coal, which is the prime power - generating source gas producers aim to displace.

Australia has plentiful supplies of natural resources, including the second largest accessible reserves of iron ore in the world, the fifth largest reserves of coal and significant gas resources.

Admittedly we are a net importer of oil (increasingly so as Bass Strait reserves diminish), but Australian entities make large exports of natural gas and thermal coal, whose prices are highly correlated with oil prices over time.

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.

«If the impact of these cuts is to mean the U.S. burns gas faster, and then goes back to burning its coal reserves in 2030, arguably it will make the problem worse,» he said.

Put another way, only one quarter of the world's remaining known coal, oil and natural gas reserves can be burned.

And if all the known reserves of coal, oil and gas are burnt, the figure will eventually rise to more than 4 trillion tonnAnd if all the known reserves of coal, oil and gas are burnt, the figure will eventually rise to more than 4 trillion tonnand gas are burnt, the figure will eventually rise to more than 4 trillion tonnes.

If we look to the future, our energy reserves used at our current rates will last us perhaps another 50 — 60 years for oil and gas, and coal another 100 years.

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.

The total amount of methane made by these microbes is probably greater than the mass of all known reserves of coal, gas, and oil.

According to one recent analysis, staying below 2 ° C would require that a third of all proved reserves of oil, half of all natural gas and 80 percent of coal remain in the ground.

Burning proven reserves of coal, oil and gas would release 2860 Gt.

$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.

The numbers aren't perfect — they don't fully reflect the recent surge in unconventional energy sources like shale gas, and they don't accurately reflect coal reserves, which are subject to less stringent reporting requirements than oil and gas.

Our results suggest that, globally, a third of oil reserves, half of gas reserves and over 80 per cent of current coal reserves should remain unused from 2010 to 2050 in order to meet the target of 2 °C.

The Carbon Tracker Initiative — led by James Leaton, an environmentalist who served as an adviser at the accounting giant PricewaterhouseCoopers — combed through proprietary databases to figure out how much oil, gas and coal the world's major energy companies hold in reserve.

The rapid increase in domestic natural gas production from shale reserves has significantly impacted the economics of coal fuels used for power and heat in recent years.

All the energy stored in Earth's reserves of coal, oil, and natural gas is matched by the energy from just 20 days of sunshine.

Gavin, are you aware of the complete disconnect between SRES estimates of fossil fuel reserves, which are based on a single review paper by Roger in 1997, and more recent views regarding peak oil, peak gas, and peak coal?

The share prices of oil, gas and coal companies depend in part on their reserves.

We have world scale reserves of oil, natural gas, coal, uranium, hydroelectric power, wood and other renewable sources too.

The Third Number: 2,795 Gigatons This is the amount of carbon already contained in the proven coal and oil and gas reserves.

A new buzz phrase in the push to limit greenhouse gas emissions is «unburnable carbon» — an effort to define and then wall off the portion of the world's still - vast reserves of coal, oil or natural gas that might, if combusted, cause unacceptably costly or dangerous climate change.

While all such forecasts are implicitly uncertain, this one helps clarify where to focus efforts to cut greenhouse gas emissions; reinforces the importance of resolving questions about how to safely expand, while not stopping, extraction of vast domestic reserves of natural gas; and powerfully challenges proponents of accelerated deployment of today's menu of renewable energy technologies or nuclear power plants to lay out a credible strategy for supplanting coal.

Here's a solution: All the sovereign States with gas, oil, and coal reserves, can use their sovereign power to simply clamp down on production, driving FF prices higher, and achieve the Nirvana New Energy Future as rapidly as is physically possible.

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.

The authors note that as fossil fuel reserves shrink, as air pollution worsens, and as concerns about climate instability cast a shadow over the future of coal, oil, and natural gas, a new world energy economy is emerging.

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.

Thus Callendar in his landmark paper argued in 1938 that growing efficiency had stabilized the amount of gas production in the previous 20 years, ignoring the Depression's effects, Callendar (1938), p. 231; Plass implicitly assumed linear growth in calculating that it would take a thousand years to use up known reserves of coal and oil, Plass (1956), p. 149; similarly in the crucial paper Revelle and Suess (1957).

Shell applies the logic of a carbon budget to its analysis of remaining oil, gas, and coal reserves.

Shareholder action can be an effective tool to make small reforms at a company — such as pressuring Apple to institute better labour practices at the factories it works with in China — but it won't achieve the fundamental changes to the business model of the fossil fuel industry needed: keeping their coal, oil and gas reserves in the ground.

A script pulled out the direct fossil fuel investments using the Carbon Underground 200 that identifies the top 100 public coal companies globally and the top 100 public oil and gas companies globally, ranked by the potential carbon emissions content of their proven reserves.

«Professor Tom Wigley, was chiefly interested in the prospect of world climates being changed as a result of human activities, primarily through the burning of wood, coal, oil and gas reserves...»

The 237 - page bill introduced by U.S. Sen. Lisa Murkowski (R - AK)-- S. 2012, the Energy Policy Modernization Act of 2015 — includes provisions that would expedite the liquefied natural gas (LNG) export permitting process, heap subsidies on coal technology, and fund research geared toward discovering a way to tap into methane hydrate reserves.

To stay below that threshold, Citigroup estimates that one - third of oil reserves, half of natural gas reserves, and 80 per cent of coal reserves need to stay in the ground.

«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.

China is building 3 coal fired power plants every two weeks, and the government is aggressively locking up oil and gas reserves in other countries.

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

That has a clear implication for our fossil fuel consumption, meaning that humans can not burn all of the coal, oil and gas reserves that countries and companies possess.

Burning coal, for example, also produces copious quantities of greenhouse gasses (even with «clean coal» technologies) and our coal reserves are decidedly less limited than our oil reserves.

«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.

In the decade following its publication world bauxite reserves increased 35 %, copper 25 %, nickel 25 %, uranium and coal doubled, gas increased 70 % and even oil increased 6 %.)

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.

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.»

Other estimates of oil, gas and coal reserves can be found here: http://www.worldcoal.org/resources/coal-statistics/ http://www.purdue.edu/discoverypark/energy/assets/pdfs/cctr/outreach/Basic9-Reserves-Oct08.pdf http://exclusiveeconomy.com/2011/03/top-15-world-oil-reserves/ http://www.rediff.com/business/slide-show/slide-show-1-nations-with-the-worlds-largest-oil-reserves/20110128.htm#1 http://www.bp.com/sectiongenericarticle800.do?categoryId=9037178&contentId=7068624 http://www.eia.gov/analysis/studies/worldshalegas/

«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.

It called for region - wide purchasing of gas, linking and strengthening the EU's electricity transmission systems, and making «full use» of EU fossil fuel reserves, including coal and shale gas.

Unfortunately, the worldwide reserves of oil, gas and coal are limited.