While
global demand for fossil fuels grows, gasoline prices remain volatile.
Not exact matches
Third, governments worldwide forged an historic climate agreement in Paris that will drive the
global phase - out of
fossil fuel generation over decades — and increase the
demand for the technologies that can replace it.
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.
While the U.S. boom in shale gas helped push the
fossil fuel's share of total
global energy consumption from 23.8 to 23.9 percent, coal also increased its share, from 29.7 to 29.9 percent, as
demand for coal - fired electricity remained strong across much of the developing world, including China and India, and parts of Europe.
Feed - in tariffs on
fossil energy imports to the United States would surely end up reducing
demand for fossil fuels as more and more renewable capacity became available — which is exactly what you would want to see happen if you are serious about slowing the rate of
global warming.
McKibben's enemy, of course, is the outsize influence on policy exerted by the array of companies extracting
fossil fuels from the Earth to satisfy the growing
global demand for energy.
Continued strong
demand for all
fossil fuels seems a certainty at this time, even taking into account stronger policies to mitigate
global warming risks, though sustained high prices may slow growth slightly.
Investments that encourage the construction of new renewable resources will cut the
demand for fossil fuel - based electricity, reducing air pollution and
global warming emissions.
From a
global perspective, we are faced with daunting challenges as documented in World Resources, 1996 - 97: the accelerating confluence of population expansion, increased
demand for energy, food, clean drinking water, adequate housing, the destructive environmental effects of pollution from
fossil fuels and nuclear waste, plus the growing divergence between the haves and have - nots and the potential
for ensuing conflicts.
Because electricity and heat account
for 41 percent of
global carbon dioxide emissions, curbing climate change will require satisfying much of that
demand with renewables rather than
fossil fuels.
Since 2009, the IEA has actively contributed to all energy work streams of the G20 — a group that accounts
for 85 % of the
global economy and 75 % of
global energy
demand — covering topics ranging from energy security and market transparency, to energy efficiency and the phase out of
fossil fuel subsidies.
This study looks at the impact of low - carbon transformations in power and road transport, sectors which together account
for just 50 % of
global fossil fuel demand and CO2 emissions approximately.
The thrust of the roadmap paper puts the onus squarely on
fossil fuel management to respond properly to how growing climate regulation, advances in cleaner technology, cheaper renewables, and greater energy efficiency hit
demand and the implications those
global trends have
for commodity prices.
Reduced
demand for fossil fuels will improve the environment by reducing air and water pollution as well as the heat - trapping gases that cause
global warming.
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 overall share of
fossil fuels in
global energy
demand in 2017 remained at 81 %, a level that has remained stable
for more than three decades despite strong growth in renewables.»
Analysts say an effective deal to limit dangerous
global warming would slash
demand for fossil fuels and the value of oil companies.
Wary of how public concern over climate change could drop
demand for fossil fuel products, the Kochs have spent the last 15 years dumping over $ 61 million to front groups telling us that
global warming doesn't exist, or that it would destroy our economy to stop runaway climate change.
It remains one of the greatest ironies of the environmental movement that those most concerned with
global warming, like Ms. Collard, are opposed to nuclear energy, the only non-greenhouse gas - emitting power source that can effectively replace
fossil fuels while satisfying Canada's growing
demand for energy.
Global demand for wooden pellets, used to replace coal in the generation of electricity, has risen considerably in recent years as governments seek ways in which to cut carbon emissions and reduce
fossil fuel reliance.
Referencing Architecture 2030's submission to the UNFCCC — the Roadmap to Zero Emissions: The Built Environment in a
Global Transformation to Zero Emissions report — he demonstrated how a combination of reducing the built environment's
demand for fossil fuel energy while increasing the world's supply of renewable energy sources will meet the Paris Agreement's long - term 1.5 °C goal.
Remember, this would be just to fulfill the new
demand for energy, not to displace the vast existing supply of energy from
fossil fuels, which currently supply 80 per cent of
global energy needs.
Second, reduced U.S.
demand for fossil fuels would result in lower
global prices
for those
fuels, making them more attractive in unregulated countries.
The CO2 emissions from meeting this energy
demand using mainly
fossil fuels account
for around 80 % of total
global emissions (IEA, 2006b).
Fossil Free is a global campaign led by local groups demanding our local communities and institutions commit to: a fast and just transition to 100 % renewable energy for all; no new fossil fuel projects anywhere; not a penny more for dirty e
Fossil Free is a
global campaign led by local groups
demanding our local communities and institutions commit to: a fast and just transition to 100 % renewable energy
for all; no new
fossil fuel projects anywhere; not a penny more for dirty e
fossil fuel projects anywhere; not a penny more
for dirty energy.
It shows
fuel shares of total world energy supply, including the contribution of
fossil sources (oil, coal and gas), nuclear power (providing
for about 16 % of
global electricity
demand and 6.5 % of all energy use) and renewables (13 % of total energy).