Sentences with phrase «fuels reserves by»

In a Wall Street Journal opinion piece, Nancy Meyer and Lysle Brinker of HIS consulting and research argue that while although only 24 percent of fossil fuels reserves by volume are proven, those proven reserves account for 81 percent of the company's valuations by investors.

So in an effort to avoid it, the International Energy Agency has calculated a global «Carbon Budget» that accommodates the burning of merely one - third of existing fossil fuel reserves by 2050.

Not exact matches

If the world's governments fulfil their pledges to tackle climate change by cutting carbon emissions, many fossil fuel reserves would have to be kept in the ground, potentially wasting trillions of investors» money.

Mark Carney, the former Governor of the Bank of Canada who now heads up the Bank of England, legitimized the concept of the carbon bubble by confirming that the «vast majority of [fossil fuel] reserves are unburnable» if we are to avoid dangerous climate disruption.

The boom in unconventional fuels — such as bitumen extracted from Alberta's tar sands and oil extracted from North Dakota's Bakken shale formation by hydraulic fracturing («fracking»)-- has swelled global reserves even as climate scientists issue ever - sterner warnings that burning more than a small fraction of these reserves would be suicidal.

By Eric M. Johnson SEATTLE (Reuters)- Budweiser beer maker Anheuser - Busch said on Thursday it reserved up to 800 hydrogen - fueled semi-trucks from Nikola Motor Company as part of...

Budweiser beer maker Anheuser - Busch said on Thursday it reserved up to 800 hydrogen - fueled semi-trucks from Nikola Motor Company as part of plans to convert its dedicated long - haul fleet to renewable powered trucks by 2025.

Shale reserves «could help fuel chemical industry growth of around 50 % by 2030» Stephen Elliott, CEO of the Chemical Industries Association, tells ICIS news.

In winter months, when demand for heat cranks up, there are two reserve systems: an additional heating plant fueled by wood chips, and another (rarely used) furnace that burns traditional oil.

A quick look at the proposed Intergovernmental Panel on Climate Change carbon budget to keep global warming below 2 °C, alongside the fossil fuel reserves held by the industry, is enough to see that the two aren't compatible.

$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.

!!!!!!! NO RESERVE!!!!!!!! Vehicle Specification: Exterior: Body - color heated pwr mirrors w / right - side automatic reverse tilt - downFront / rear body - color bumpersHalogen headlights w / lighted ringsVariable intermittent wipers - inc: vehicle - speed sensitive wiping interval, single - wipe control, heated washer jets Chrome outlined kidney grilleHalogen fog lightsHeated driver door lock cylinder Interior: 3 - setting memory for driver seat, seatbelt height, steering wheel, exterior mirrorsAlarm system w / remote keyhead operation, interior motion detectorCheck Control vehicle monitor system w / pictogram displayDual front cup holdersFront bucket seats - inc: 10 - pwr driver seat / headrestFront / rear reading lightsLCD main / trip odometersLeather - wrapped brake grip / shift bootPre - wiring for CD changer / cellular phoneRear window defroster 4 - channel FM diversity antenna systemCar - specific memory - inc: motion detector, daytime running lamps, pathway lightingCourtesy lights w / automatic dimming functionDual illuminated visor vanity mirrorsFront / rear door storage compartmentsFully carpeted trunk w / luggage strapsLeather - wrapped 4 - spoke pwr tilt / telescopic steering wheel w / automatic tilt - upMicrochip dynamic encoded key anti-theft driveaway protectionPwr windows w / key - off retained pwr, 1 - touch open / close, anti-trapping pinch protectionService interval indicator w / miles - to - service readout Mechanical: 18.5 gallon fuel tank4 - link integral rear suspensionAdaptive transmission controlDrop - down tool kit in trunkFront / rear stabilizer barsRear wheel drive 2.5 L (152) DOHC 24 - valve in - line 6 - cyl engine w / variable valve timing4 - wheel ventilated disc brakes w / Dynamic Brake ControlAluminum double - pivot strut - type front suspension w / coil springsEngine - speed - sensitive pwr rack & pinion steeringFull - size spare tire Safety: 3 - point seatbelts w / front automatic height adjusters, front tensioners, front force limitersAutomatic locking device for child seatCrash sensor deployed hazard / interior lights, door unlockingFront door - mounted side - impact airbags Automatic fuel cut - off (triggered by airbag deployment) Child safety rear door locksDriver / front passenger airbag system w / dual - threshold / stage deployment systemSide impact interlocking door anchoring system Vehicle Photos: Vehicle Warranty: This vehicle is being sold as is, where is with no warranty, expressed written or implied.

The other shoe is the exchange rate — clearly the ARS is being supported by the central bank, but this puts them between a rock and a hard place — support of the peso drains reserves and ultimately chokes the economy / exports, while a more significant adjustment lower in the rate (to reflect true ARS purchasing power) would probably add further fuel to the fire of the current economic / inflation boom.

I think the progress towards renewable energy is going to driven by countries like China and Germany that have few fossil fuel reserves.

Gavin, are you aware of the complete disconnect between SRES estimates of fossil fuel reserves, which are based on a single review paper by Roger in 1997, and more recent views regarding peak oil, peak gas, and peak coal?

However, it is important to keep in mind that we might easily more than double it if we really don't make much effort to cut back (I think the current estimated reserves of fossil fuels would increase CO2 by a factor of like 5 or 10, which would mean a warming of roughly 2 - 3 times the climate sensitivity for doubling CO2 [because of the logarithmic dependence of the resulting warming to CO2 levels]-RRB-... and CO2 levels may be able to fall short of doubling if we really make a very strong effort to reduce emissions.

Then the weak point of the scenarios used in SRES is that they all rely upon a continuous economic growth throughout the century - which is by no means granted -, and that they all exceed by far the amount of proven reserves for at least one fuel — which can hardly be considered as a likely event, by definition of «proven».

After all, the air, land and seas are being relentlessly polluted with human waste products; fresh water, fish stocks, food reserves, fossil fuels, and wetlands are being depleted at an alarming rate; the catastrophic effects of massive over-consumption and unrestrained hoarding of resources can not be sustained much longer by our small, finite, fragile planetary home.

Afterall, the air, land and seas are being relentlessly polluted with human waste products; fresh water, fish stocks, food reserves, fossil fuels, and wetlands are being depleted at an alarming rate; the catastrophic effects of massive over-consumption and unrestrained hoarding of resources can not be sustained much longer by our small, finite, fragile planetary home.

And a state of affairs needing to be achieved by the date that its fossil fuel reserves finally deplete.

A script pulled out the direct fossil fuel investments using the Carbon Underground 200 that identifies the top 100 public coal companies globally and the top 100 public oil and gas companies globally, ranked by the potential carbon emissions content of their proven reserves.

In its response, Exxon denied that global society possesses the will to keep temperatures from increasing by more than two degrees Celsius, and therefore none of the fossil fuel reserves currently counted as assets will be left unburned.

The so - called «carbon bubble» is the result of an over-valuation of oil, coal and gas reserves held by fossil fuel companies.

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.

Lost in the effort to understand the vast implications is an even more important signal sent by Saudi Arabia, the owner of more than 16 % of the world's proved oil reserves, about its view of the future of fossil fuels.

By withdrawing investments from fossil fuel companies or campaigning as shareholders for them not to develop new reserves;

The combination of needing to limit carbon dioxide emissions and having fossil fuel companies that are valued by their proven reserves is what Carbon Tracker, a non-profit organization, is calling the «Carbon Bubble» in their new report, «Unburnable carbon 2013: Wasted capital and stranded assets.»

Or maybe they have a shitload of oil and gas reserves that they'd really rather not have devalued by anyone actually deciding burning more fossil fuels would be suicidally stupid.

Total fossil fuel is close to a million EJ or about 500 years of the long - run thermal energy requirement in the high - growth scenario (at 60 TW (thermal) by 2100), but not including clathrates and oil shale, that is reduced to about 50 years of reserves at the 2100 rate (i.e. we're not even going to make it to 2100).

On U.S. greenhouse gas emissions and efforts to reduce emissions by refusing to use U.S. fossil fuel reserves:

If global warming accelerates, Schneiderman's logic goes, then Exxon would be stuck with fossil fuel reserves rendered worthless by future regulations or a concomitant reduced demand for oil.

The reserves are taken from the World Energy Council 2004 report, except for China, where we used the reserves from the Chinese Ministry of Land and Resources by way of Sandro Schmidt, and South Africa, which has been reassessed recently Figure 9 shows the cumulative plots for future - fuel production using the trends we have developed for hydrocarbons and coal, and with lms fits for the 10 % and 90 % years.

In terms of the estimates of reserves of fossil fuels, the RCP8.5 model uses (roughly, by my own calculations using the figures given in Table SPM - 3 of the GEA report) twice the current coal reserves, two to three times the oil reserves and half of the gas reserves.

This whole house of cards is kept together by the magic powers of Mammon, I suspect, as every aspect of it is highly dubious and afflicted by vast ignorance, starting with the carbon cycle, sinks, our questionable ability to even accomplish a doubling any time soon in view of current fossil fuel reserves, the actual effect if any of the demonized molecule (this engenders the most disparate and esoteric theoretizing,) which effect apparently can not or will not be empirically verified, and so on.

On this page... Coal gasification Coal liquefaction Coal - seam gas Factors in oil supply Links Oil reserve estimates by the USA Oil shale Peak oil Reduce your dependence on oil Related pages Self - sufficiency Tar sands Top Unconventional liquid fuel sources

London, 19th April 2013 — Today new research by Carbon Tracker Initiative and the Grantham Research Institute on Climate Change and the Environment at London School of Economics and Political Science reveals that despite fossil fuel reserves already far exceeding the carbon budget to avoid global warming of more than 2 °C, $ 674 billion was spent last year finding and developing new potentially stranded assets.

Such a transition would save $ 1.8 trillion over the next two decades, says a study by the Climate Policy Initiative, which also found that governments and taxpayers will bear the greatest financial risk if fossil fuel reserves are stranded underground.

«Smart investors can already see that most fossil fuel reserves are essentially unburnable because of the need to reduce emissions in line with the global agreement by governments to avoid global warming of more than 2 °C.

Unless we double the cost of wind power by using pumped storage for backup, we will rely on such fossil fuel plants for most of our power during calm periods and perhaps for a large reserve during windy periods.

Other options include the transfer of IMF - created «special drawing rights» (reserve assets created by the International Monetary Fund that countries can exchange for hard currency) from rich to poorer countries, redirecting harmful fossil - fuel subsidies, reducing spending on ballooning military budgets, and taxing aviation and shipping.

PM - 10 ERC needs for given amounts of generation capacity can be reduced by limiting the maximum monthly fuel throughput along with output of resources needed primarily for reserves.

Fuel Fix Blog: The Marcellus region is now the biggest natural gas shale play in the world, and there's still about $ 90 billion to be made by tapping the area's reserves, according to a study by energy analyst group Wood Mackenzie.

If all known fossil fuel reserves are used up, average global temperatures will rise by at least 10 degrees Celsius, a new study revealed.

A recent estimate indicates that if we burn all the remaining known fossil fuel reserves the Antarctic ice sheet will essentially melt raising the oceans by 60 meters.

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.

The oil companies bring enormous cash reserves, years of experience in large projects, and a can - do spirit to an alternative - fuels industry that has largely been driven by speculators, small developers, and utilities.

For climate activists, however, the biggest argument against new oil - by - rail facilities has always been the need to «keep it in the ground,» that is, not developing certain fossil fuel reserves in order to prevent harmful globe - warming emissions.

We encourage you to keep calling on the government to take ambitious measures that keeps fossil fuels reserves in the ground to meet our Paris commitment, that transition our economy to 100 % by 2050, and is just for Indigenous Peoples and workers.

McKibben closes his case by highlighting research by the Carbon Tracker Initiative which reports that burning the total amount of coal, oil and gas reserves currently held by fossil fuel companies would release five times the amount of carbon needed to stay under the two - degree threshold.