The problem is it won't be the cheapest without major technological breakthroughs in safe nuclear power generation and / or fossil
fuel reserves become so depleted the cost of recovery makes the price surpass that of current nuclear power generation.
A head - in - the - sand approach invites an eventual economic upheaval along the lines of the recent Great Recession as fossil
fuel reserves become the sub-prime mortgages of the next financial crisis.
Not exact matches
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.
Laughlin says the answer lies in the universe's secret
fuel reserves: brown dwarfs, Jupiter - size balls of hydrogen too massive to be considered planets but that never achieved the heft to
become full - fledged stars.
Moreover, it will result in your body
becoming excessively endurance - focused, causing it to store energy in the form of fat so that it can
reserve plenty of
fuel for your cardio sessions.
Parts of foods that historically were disposed of, used for composting and considered waste or at best
reserved for lower quality, utilitarian applications (like lamp oil) have suddenly
become «food» through the alchemy of fossil
fuel powered extraction and processing.
It causes the body to
become more endurance - focused, storing energy as fat to ensure it has plenty of
reserve fuel to keep you going for all those miles.
Proper utilisation of its oil and natural gas
reserves has
fuelled the economic growth of the sphere and the emirates have
become a hub of industries.
In fact, many people (including the Governor of the Bank of England) are increasingly concerned that most fossil
fuels are unburnable, meaning many existing
reserves and investments in future exploration are in very real danger of
becoming worthless.
When it does, more than $ 20 trillion worth of fossil
fuel reserves will
become stranded assets and the companies» value will plummet.
The introduction of machines powered by cheap and easily accessible fossil
fuels led to a decline in the use of wind power, but since
reserves of these
fuels are finite and as the world
becomes more conscious of the pollution generated by these
fuels, focus has turned once again to tapping this free source of energy.
They can see that investing in companies that rely solely or heavily on constantly replenishing
reserves of fossil
fuels is
becoming a very risky decision.
Second, the prices of fossil
fuels have to rise, either because
reserves become depleted or through the passage of regulatory encumbrances, such as a massive carbon tax.
Instead of urgent and far - reaching measures to preserve a livable climate, in the United States massive new fossil
fuel reserves have
become available through fracking.
Further analysis has identified the fossil
fuel reserves and resources at risk of
becoming economically «stranded assets» due to a low - carbon energy transition.
According to Carbon Tracker (PDF), there is a potential that 80 percent of the world's carbon
reserves will
become unburnable, which — if this situations holds true — would result in a $ 20 trillion write - off in losses by fossil
fuel companies.
The analysis finds that expanding fossil
fuel reserves does even more damage than putting the global climate in danger; exploration financing by the World Bank risks locking developing countries into loan commitments for resources that will likely
become stranded assets if policies are implemented to meet agreed climate goals.
«Some of our stakeholders are concerned about the future of our fossil
fuel reserves; in particular that they may
become stranded assets,» Glasenberg wrote.
While stranded assets can apply to anything at risk for premature write - downs, this concept has
become particularly intertwined with the «stranding» of fossil
fuels reserves.
One of the rallying points was a scientific calculation that the rise of global temperature could not be held below 2 °C (the internationally accepted point at which the warming would
become «dangerous») unless at least half the known
reserves of fossil
fuels were left in the ground.
However, some energy analysts — along with the energy companies such as Shell and ExxonMobil — express doubts over the possibility that fossil
fuel reserves will
become stranded.
Due to Australia's plentiful
reserves of cheap coal, the liberalisation of the power industry has favoured its use, especially that of Victorian brown coal, which has
become the primary
fuel source for generation in the four southern states of the NEM.
According to the report's authors, «a material proportion of the world's undeveloped
reserves of fossil
fuels could
become «unburnable.
Finally, Sweeney states that «If either bill
became law, it would amount to a declaration of war on fossil -
fuel interests, because much of the present - day stock market value of coal, oil, and gas companies is based on their below - the - ground
reserves.»
As it
becomes increasingly clear that we can't even burn all of the existing fossil
fuels reserves we already have, financial experts are sounding alarm bells about companies sinking vast amounts of money into exploration and recovery of
fuels that will eventually
become worthless.
And it's since
become the conventional wisdom: Many central bankers and world leaders now agree that we need to keep the bulk of fossil
fuel reserves underground.
These techniques have allowed drillers to unlock vast underground shale
reserves and caused the U.S. to
become the world's largest liquid
fuels producer.
Depleting fossil
fuel reserves, depleting mineral
reserves, widespread devastation of eco systems, depletion of biodiversity, acidification of oceans, dwindling fresh water resources, food production to food demand ratio
becoming more acute, and of course the primary driver for all of the above continued increase in the world's population.