A leading economist says the world should reject lies about carbon emissions, pricing them to show the
real cost of fossil fuel.
Financial incentives for installing such electrical generating capacity in mills have not been sufficient due to the historically
low cost of fossil fuels and have often been passed over in favor of systems powered by historically inexpensive fossil fuels.
Point # 1 is that WHATEVER the effects on our curent population, steep continuing rise
in cost of fossil fuels is WONDERFUL.
Leading off a June 12, 2012 Senate Finance Committee hearing on energy taxation, Dr. Jorgenson proposed internalizing the health and environmental
costs of fossil fuel burning by eliminating fossil fuel «tax expenditures» (i.e., indirect subsidies) and taxing emissions of the six Clean Air Act «criteria» pollutants.
«None of us are paying the
full cost of our fossil fuel energy in terms of health and environmental impacts,» said Erica Zweifel, a Northfield City Council member trying to develop community solar there.
They calculated the cost of renewable electricity generation without subsidies from either state or federal government, and when they made comparisons with fossil power, they factored in the external health and other
costs of fossil fuel pollution.
My surprise was because I'd just read «The missing maths: the
human cost of fossil fuels» on Skeptical Science last week, which included this: «The EPA estimates that the U.S. Clean Air Amendments cost $ 65bn to implement, but will have yielded a benefit of almost $ 2tn by 2020 in avoided health costs.»
It is vital in sustainability education to give space for learners to develop their own visions for a sustainable future whilst reminding participants about the issues underpinning the need for change — climate change, peak oil, global inequity and the
financial cost of fossil fuels.
Given the stasis in the Senate, even with the «external»
costs of fossil fuels on glaring display in the Gulf of Mexico, it may be time to start listening more to those proposing this more stepwise route forward.
But these direct cost related factors don't even begin to count in the terrible external
costs of fossil fuels ranging from ramping damages due to climate change and direct health impacts by adding toxic particles to the air and water.
At the same time, many studies have found that the economic and environmental
costs of fossil fuel subsidies far outweighs any of its perceived social benefits, which can be achieved by other more effective means.
Already, the
high cost of these fossil fuel imports has contributed to Japan's newfound trade deficit of $ 32 billion, the country's first in over 30 years.
30 May, 2017 — A leading economist says the world should reject lies about carbon emissions, pricing them to show the
real cost of fossil fuel.
The major industrialized countries should commission a study to calculate the government subsidies and direct environmental and
health costs of fossil fuel use.
The goal of restructuring taxes is to lower income taxes and raise carbon taxes so that the cost of climate change and other indirect
costs of fossil fuel use are incorporated in market prices.
Partly because of the dominance of the oil, gas, and coal industries, which have been providing cheap fuel by omitting the
indirect costs of fossil fuel burning, relatively little has been invested in developing the earth's geothermal heat resources.
But just as many people advocate for considering the
full cost of fossil fuels in the price of electricity (the cost of the pollution, mining, etc), so too must the full cost and impact of renewable energy be accounted for.
Anywho, the grist for restating this fact — I've discussed the
true cost of fossil fuels in various posts here, as well as on certain cable TV shows — is a study from German researchers highlighted by Deutsche Welle that concludes that wind is the cheapest power source in the world.
Given the
rising costs of fossil fuels, this would be a PR nightmare for the generation industry, but UBS raises the possibility, echoing our story last year about how electricity business models and markets are effectively broken.
The most important point the report makes, with the rise
in costs of fossil fuels, and possibly their unavailability due to depletion, renewables also make economic sense, though they admit that this transition will have a lot of challenges.
Such a plan could enable businesses to make their own plans knowing what the relative
costs of fossil fuels, solar energy, and human labor are likely to be over time.
This page shows
the cost of fossil fuels to be reasonable, whereas nuclear has a high capitalization that must be amortized in some fashion.
For clean energy, «Nuclear power is one of the options and will continue to be so, but how important an option depends on many elements,» including
the cost of fossil fuel and social acceptance.
Oil Change International campaigns to expose the true
costs of fossil fuels and facilitate the coming transition towards clean energy.
If you're unsure of what fossil fuel subsidies are, they're basically measures that lower
the cost of fossil fuel energy production, raise the price collected by energy contractors, or lower the price paid by the consumers.