Sentences with phrase «from oil dependency»

Shai Agassi, who rethought the electric car, demonstrated that it is possible to move away from oil dependency.

With the worst of its financial pressures behind it, Saudi Arabia is forging ahead with its ambitious Vision 2030 development plan to diversify away from oil dependency and stimulate demand.

Saudi Arabia has plans to sell about 5 % of Saudi Aramco, the state - owned oil company, through an IPO in 2018 and expects to generate up to $ 100 billion for the country's Vision 2030 program, designed to shift the Saudi economy away from oil dependency towards tech and entertainment services.

Not exact matches

Despite the international shale oil boom extracting natural gas with hydrofracking technologies, which most electric utilities, including the local ones, supply to customers as a major part of their power supply, the shift away from petroleum dependency has made remarkable progress in recent years through strategic incentives like the one which prompted this vote in Olive.

He added that Buhari had succeeded in repositioning the economy from dependency on oil and focusing on other sources of revenue such as agriculture.

President Bush, while being Texas Governor, approved and allowed development of new alternative energy solutions such as Wind Turbines in areas, producing much of cheap needed energy and detaching from foreign oil dependency.

The recent energy price shocks from Hurricane Katrina remind us of the need to conserve to help the victims, and reduce our dependency on oil,» explained Global Green President Matt Petersen.

To the extent this helps us move away from coal - fired electric plants and oil dependency, I guess it's a good thing.

For instance, how is changing all our oil dependency to ethanol made from corn going to solve our crisis.

Reduce dependency on (imported) fossil fuels (balance of payments, reliance on potentially unfriendly or unstable nations as suppliers, high cost at the pump, all problems as seen from US viewpoint): — encourage nuclear power generation (cut red tape)-- encourage energy savings and improved efficiency projects (tax breaks)-- encourage basic research into new (non fossil fuel) resources (subsidies)-- encourage imports from friendly neighbor, Canada (Keystone pipeline)-- encourage local oil and gas exploration («drill, baby, drill»)-- encourage «clean coal» projects (tax incentives)-- set goal to become energy independent within ten years

From my point of view, any national policy should be directed at deducing the nation's dependency on foreign oil (almost all) while developing local industries, again reducing the country's dependency on key materials.

And they warn that investing billions of dollars in oil transportation will lock the U.S. into continued dependency on an increasingly heavy type of imported crude that will drive up emissions both from the foreign producer and the domestic refiner.

His critical thinking has driven people around the globe — from world leaders to the average Joe — to think differently about energy and its role in some of our biggest problems: climate change, oil dependency, national security, economic health, and depletion of natural resources.

We can end our dependency on oil by powering our SUVs with ethanol made from corn.

We still need a head start to break away from Oil and Gas dependency.