Sentences with phrase «global demand for energy expands»

Not exact matches

Thus the wage gains are from a one time energy glut brought about by increased supply from fracking, lower demand from a weak global economy, and some producers increasing production to make up for lower prices (not entirely self defeating as consumer nations expand inventories while prices are low).

In plain terms, we are choosing to penalize our own energy industry with severe financial measures, when other jurisdictions like the U.S. are slashing taxes and red tape, rejecting carbon taxes, and calling for expanded fossil fuel production due to growing global demand.

Businesses are also moving forward: Auto company General Motors announced it will transition to producing only electric vehicles; 100 of the world's most influential businesses are creating a huge demand for renewable energy; and ten of the world's largest companies have launched a global campaign to expand corporate electric vehicle use and charging infrastructure (a big deal when you consider that about half of the cars on the road belong to companies).

«This agreement further expands our strategic relationship, and we look forward to working even more closely with Yingli to deliver superior - quality solar panels that will continue to accelerate the adoption of solar energy to meet the growing global demand for energy,» David B. Miller, president, DuPont Electronics and Communications, said in a statement.