Sentences with phrase «fossil fuel demand»

This study looks at the impact of low - carbon transformations in power and road transport, sectors which together account for just 50 % of global fossil fuel demand and CO2 emissions approximately.

This demonstrates that the direction of travel equates to a downside for fossil fuel demand.

Total fossil fuel demand was calculated globally, based on world population and per capita demand; while production was calculated on a country by - country basis and summed to obtain global production.

This choice of model drivers accurately reflected the basic fact of the time that fossil fuel production capacity exceeded fossil fuel demand.

They are offering a groundbreaking solution to increasing climate ambition: tackle fossil fuel demand, supply and financing at the same time!

All these trends are likely to shrink fossil fuel demand and the capital invested today into future oil, coal and gas production projects is at risk of becoming stranded.

These scenarios do not reflect the huge potential for reducing fossil fuel demand in accordance with decarbonisation pathways.

Technological developments and climate policy are combining to slow fossil fuel demand in a way that is unprecedented in the modern world, leading investors to call for businesses to be tested against scenarios that reflect higher levels of climate ambition.

The sponsors withdrew the resolution after the company agreed to report on how much of its oil and gas reserves would become unsellable — or stranded — if a global treaty decreased fossil fuel demand.

Chevron appears to view future fossil fuel demand from an IEA Current Policies Scenario that assumes no climate action through 2035 — but such a scenario is exceedingly unlikely given actions to date.

... By hiding what they knew about, and affirmatively misrepresenting the dangers of unabated fossil fuel use, the Defendants protected fossil fuel demand, and obstructed the changes needed to prevent or at least minimize the impacts of climate change.»

Shareholders have filed resolutions asking for ExxonMobil, Chevron and other US energy companies to undertake stress tests to ensure they maximise value and don't just pursue a BAU strategy in the face of stronger regulation and weakening fossil fuel demand as economies transition.

Fossil fuel demand destruction likely as industry underrates disruptive impact of new technologies LONDON / NEW YORK, February 2...

LONDON / NEW YORK, October 22 — Rapid advances in technology, increasingly cheap renewable energy, slower economic growth and lower than expected population rise could all dampen fossil fuel demand significantly by 2040, a new study published today by the London - based Carbon Tracker Initiative finds.

The graph above, from the Dutch report, shows clearly how relentless overall emissions growth in countries climbing out of poverty (as electrification, manufacturing and mobility expand fossil fuel demand) was not blunted by the recession and is sending them and the rich world (which is getting ever more efficient and exporting manufacturing) toward some kind of carbon common ground.

Fossil fuel demand growing and reserves robust.

This report only focuses on the downside demand potential for fossil fuels because it is our contention that current base case energy scenarios are at the bullish end of the range of potential fossil fuel demand outcomes.

Unsustainable pressures on the environment and on natural resources are inevitable if energy demand remains closely coupled with economic growth and if fossil fuel demand is not reduced.

With 1000 + articles worldwide, the report made a noteworthy contribution to a global public discussion on peak fossil fuel demand, including an endorsement from Nick Butler at the FT that «it deserves to be read by everyone working in the energy sector, by policy makers and perhaps most urgently by investors».

In this video, the speakers discuss the implications of climate risk and low fossil fuel demand for the capital expenditure plans of gas companie

The report, entitled Lost in transition: How the energy sector is missing potential demand destruction, examines alternative trajectories to mainstream energy industry modelling, produced by reputable financial houses like Bernstein and CitiGroup, that signal a more concerted drive to a low - carbon energy transition, hitting fossil fuel demand as a result.

Supporting many policies that would meet projected fossil fuel demands while failing to move quickly to reduce demand and consumption and replace destructive fuels with superior alternatives, the administration is doing too little, too slowly.

The figure represents the difference between the estimated $ 4.8 tn of investment needed to meet global fossil fuel demand between 2018 and 2025 under current climate policies and the $ 3.3 tn that would be required if the Paris agreement on reducing carbon emissions was fully implemented.

Investors who fail to understand the immediacy of China's energy transition could find themselves chasing fossil fuel demand that is not there.

We saw a capitulation on fossil fuel demand back in ’08 when oil was over $ 100 a barrel.

The remaining components of my plan, especially the strong fossil fuel demand reduction over and above that provided by the lifestyle maintenance component, provide the near term emissions reductions that offer any chance of avoiding the climate Apocalypse.

It is time for this to change: if we are going to avert the worst of global climate change we must address fossil fuel demand AND supply.

While the forecasts may overestimate fossil fuel demand growth, the government must address the environmental issues rapidly.

«Clean technology and climate policy are already reducing fossil fuel demand.

The sponsors withdrew the resolution after the company agreed to report on how much of its oil and gas reserves would become unsellable — or stranded — if a global treaty decreased fossil fuel demand.

It is our contention that this scenario reflects the minimum level of constraint that can be expected in terms of future fossil fuel demand and CO2 emissions given the current state of the low - carbon transition.

Our fossil fuel demand will probably stabilize or decrease for each unit of economic production.

This suggests that, regardless of how they are achieved, emissions reduction goals may provide a useful proxy for quantifying the impact of climate mitigation efforts on future fossil fuel demand.

More broadly, a carbon tax would not just move shipping and aviation down the fossil fuel demand curve; it would create a new, lower demand curve by boosting every substitute for, and every alternative to, high - carbon activity.

The direction of travel we see from the worlds of policy and technology is for destruction of fossil fuel demand.

Rather, we point to the Guardian's campaign to reiterate that the best and maybe only broadly effective way to reduce fossil fuel demand (which is the point of a boycott) is with a carbon tax.

Now, according to preliminary figures for 2009, fossil fuel demand decreased significantly from 2008 levels.

Given the scale of such a transition, nations may need to consider a broad suite of policy approaches that aim not only to reduce fossil fuel demand — the current focus — but also constrain fossil fuel supply growth.

Clean technology and climate policy are already reducing fossil fuel demand — misreading these trends will destroy shareholder value.