In other words,
fossil fuel price increases and volatility will increase energy bills, and measures which reduce consumption and shift production away from fossil fuel sources are a way of hedging against this.
Fossil fuel prices increase steadily as one would expect.
If
fossil fuel prices increase more than expected, electric consumers would start to see direct savings even sooner.
Not exact matches
That means making sure
prices cover not only the direct costs of supplying energy but also the environmental externalities associated with production and use of
fossil fuels — the waste water (which
increases a variety of risks), and the broader side effects from vehicle use — congested roads, traffic deaths, and so on.
If you want people to reduce their consumption of
fossil fuels, you have to
increase their
price.
Energy
prices, in particular, have risen sharply: Japan buys virtually all of its oil and gas abroad, and the post-Fukushima shutdown of the country's nuclear industry has further
increased the need for
fossil fuels.
Increases in the
price of
fossil fuels since 1979 have meant that less has been burned and less carbon dioxide has been added to the atmosphere.
We need a # 110bn investment in our energy infrastructure, and a failure to invest now will lead to an
increased dependence on imported
fossil fuels, which are subject to volatile
price spikes and security of supply issues.
«This reckless move, driven by ideology not evidence, risks locking the UK into an expensive polluting
fossil fuel future —
increasing our exposure to volatile gas
prices and forcing controversial fracking developments onto communities before the full impact is understood.
The search for economically viable alternatives to
fossil fuels has attracted attention among energy communities because of
increasing energy
prices and climate change.
A boom in domestic natural gas production, historically low
prices, and
increased scrutiny over
fossil fuels» carbon emissions.
As the narrator explains: domestic terrorism has
increased, there are economic disputes revolving around the
price of
fossil fuels, and there's also rising unemployment.
Fossil fuel prices, especially for oil, will continue upward because of
increased demand and the difficulty in meeting that demand.
some of them will assuredly become more economically viable as the
price of
fossil fuels increases.
Suffice to say that when you factor in all of the government subsidies and «externalities» (
increased health costs from respiratory sickness, environmental degradation, etc; the stuff that we all have to pay for maybe not from our wallets but in our tax returns), the true
price of
fossil fuels is much, much higher than any individual or company pays.
But it is also clear that, absent a
price on carbon emissions, as the
price of energy rises, the amount of economically extractable
fossil fuels increases, including unconventional
fossil fuels.
While
prices for biomass
fuels are lower than
fossil fuel prices and have generally remained stable, rapidly
increasing demand may push
prices up in the future.
A $ 40 / t tax would
increase the wholesale and retail
prices of
fossil fuelled electricity by about 4 cents per kWh.
In particular, reducing domestic demand for
fossil fuels would lower the
price of those
fuels in other countries, thereby
increasing their use in those countries.
There was some bad news for Drax recently as the UK government decided that biomass subsidies would not keep climbing as the «carbon
price floor» — levied on
fossil fuel production (and due to rise further)-- on electricity consumption has caused a backlash from manufacturers, consumer groups and energy suppliers who are concerned that the «tax will push up
prices, make the UK uncompetitive and force the premature closure of coal - fired power plants,
increasing the risk of blackouts.»
Despite that, Saudi Arabia scaled back some
fossil fuel consumption subsidies that artificially lowered the
price of
fuel for its citizens,
increasing its country's gasoline
prices by 50 percent last year.
Fossil fuel plant needs to transition into the role of backup to low emissions generation and the market emergent de-facto carbon price increasing intermittency brings to a fossil fuel dominated grid needs to be used intelligently as the incentive it is to drive time shifting of demand, efficiency and investment in emerging storage technol
Fossil fuel plant needs to transition into the role of backup to low emissions generation and the market emergent de-facto carbon
price increasing intermittency brings to a
fossil fuel dominated grid needs to be used intelligently as the incentive it is to drive time shifting of demand, efficiency and investment in emerging storage technol
fossil fuel dominated grid needs to be used intelligently as the incentive it is to drive time shifting of demand, efficiency and investment in emerging storage technologies.
The use of
fossil fuels contributes to global warming, which will exact a high
price on agriculture and the rest of society through
increased violent weather events, droughts and floods, and rising oceans.
But he didn't complain, other than to point out that the exponential part of their law was weakening lately with the 1974 oil crisis and
increasing prices for all
fossil fuels, with which I fully agreed.
Common IPCC scenarios rely on an
increasing supply of
fossil fuels, yet we know that this is not possible and that production will soon peak (if not already) while
prices rise in response, as they are doing already.
If we couple it to the expected market driven
increases in
fossil fuel prices over the next 86 years global warming is much much easier to solve.
Increasing the
price or scarcity of carbon would cause some direct reduction in
fossil -
fuel consumption (e.g., biking to work instead of driving), and get more people to use some pre-existing technologies (e.g., efficient light bulbs), but these effects would be limited.
And as the
price of
fossil fuels increases, solar power will become more cost effective relative to traditional sources of energy.
A Pan-Asian Energy Infrastructure would use fiscal policy (through carbon
pricing and eliminating
fossil fuel subsidies) to fund ocordinated infrastructure investment (through multilateral cooperation) resulting in more open markets (through
increased cross-border energy trade) resulting in lower
prices (through heightened competition).
I know many on this site beleive peak oil is a bigger threat than global warming, but I can't help but think the 20 - 100 year time lag between CO2 release and maximum effect is a far less addressable than issues of
increasing fossil fuel prices.
It has also
increased over time, as measures to improve energy efficiency and reduce waste plus pollution have been implemented, and there is no doubt that this improvement will continue, partly as a result of
increasing fossil fuel prices and other market - driven considerations.
The report argues that, even if electricity demand were to grow at around 1 to 1.5 per cent per annum between 2010 and 2020 and
fossil fuel prices were to remain relatively high, the share of renewables in UK electricity sales is only expected to
increase to around 10.25 per cent by 2015.
They promote spending $ 22 billion just in federal money during FY - 2014 on climate change studies; costly solar projects of every description; wind turbines that blight scenic vistas and slaughter millions of birds and bats annually, while wind energy developers are exempted from endangered species and other environmental laws that apply to all other industries; and ethanol programs that require millions of acres of farmland and vast quantities of water, fertilizer, pesticides and
fossil fuel energy to produce a gasoline additive that reduces mileage, harms engines, drives up food
prices... and
increases CO2 emissions.
Lower natural gas
prices resulted in reduced levels of coal generation, and
increased natural gas generation — a less carbon - intensive
fuel for power generation, which shifted power generation from the most carbon - intensive
fossil fuel (coal) to the least carbon - intensive
fossil fuel (natural gas).
Whichever government is in power in the future, solar PV is becoming
price - competative with
fossil fuels and this will see a steadily
increasing take - up of solar power; for example, car parks with solar shade will be coming soon.
Despite that, Saudi Arabia scaled back some
fossil fuel consumption subsidies that artificially lowered the
price of
fuel for its citizens,
increasing its country's gasoline
prices by 50 percent.
... it is disingenuous to seek to pin the blame on government policies using inflated assessments of their impacts while ignoring the main driver for
price increases — rising global
fossil fuel prices.
Only after incurring a succession of monetary losses or anticipated losses from the «sin» tax or
increased price do «appetites» for
fossil fuel use diminish: consumers, as they have limited monetary resources, figure out for themselves the trade - off in monetary terms of one set of appetites for another and start choosing the higher benefit - to - cost satisfactions.
«One of the new and fundamental messages of this report is that renewable energies are no longer subject to the vagaries of rising and falling oil
prices — they are becoming generating systems of choice for
increasing numbers of power companies, communities and countries irrespective of the costs of
fossil fuels,» said UNEP Executive Director Achim Steiner.
«Drillers fear that federal protections for more threatened and endangered animals could drive up their costs at a time when the industry is already battered by low oil
prices, growing competition from renewable energy, and
increasing attention from investors and regulators over the climate - altering impacts of
fossil fuels,» DeSmog's Sharon Kelly wrote.
Instruments such as carbon taxes that are designed to
increase the cost of burning
fossil fuels rely on decision makers to develop expectations about future trajectories of
fuel prices and other economic conditions.
«Low -
priced coal was the fastest - growing
fossil fuel in 2013, and coal - fired generation
increased in all regions,» the report says.
We need to make the
price of
fossil fuels honest, by
increasing — by including their cost to society.
While
fossil fuels will account for most of the
increased energy supply, renewable sources of energy will also gain importance, as a result of concerns over high
fossil fuel prices,
increasing greenhouse gas emissions and energy import dependence.
If high
fossil fuel prices cease to exist as an incentive for biofuel development, only where policy is effectively implemented will demand
increase.
While
fossil fuels will remain an important source of energy, renewable energies will also gain importance, as a result of concerns over high
fossil fuel prices,
increasing greenhouse gas emissions and energy import dependence.
Other impacts include reduced sensitivity to future
fossil fuel price volatility, support for a vibrant wind industry supply chain, and
increased tax revenue and lease payments to local communities.
All countries could agree to impose a common carbon emissions tax, which would
increase the
price of
fossil fuels in proportion to their carbon content.
French lawmakers passed legislation to
increase the target
price of carbon to 56 euros ($ 61.48) a ton in 2020 and 100 euros a ton in 2030, The rate, now 14.50 euros a ton, climbs to 22 euros a ton in 2016 and is integrated in a levy on
fossil fuels.
While doubters were ringing their hands, predicting doom and catastrophe, and advocating abandonment of using
fossil fuels in favor of «renewable» sources, market
prices for oil and gas
increased several fold.