Sentences with phrase «global fossil fuel demand»

The figure represents the difference between the estimated $ 4.8 tn of investment needed to meet global fossil fuel demand between 2018 and 2025 under current climate policies and the $ 3.3 tn that would be required if the Paris agreement on reducing carbon emissions was fully implemented.
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.

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.
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.
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.
The LCA examined the effects of a 1 kilogram industry - average corrugated product manufactured in 2014 on seven environmental impact indicators: global warming potential (greenhouse gas emissions), eutrophication, acidification, smog, ozone depletion, respiratory effects, fossil fuel depletion; and four inventory indicators: water use, water consumption, renewable energy demand, and non-renewable energy demand.
Rather, the world's largest oil company maintained that all sources of energy, including fossil fuels, will be necessary to meet the future global demand and that the best path toward managing greenhouse gas emissions is through technology advancement and adoption of energy efficiency programs.
To achieve 450 ppm, the concentration of greenhouse gases in the atmosphere associated with a 2 - degree Celsius rise in global average temperatures (a target advocated by the European Union), the «aggregate of fossil - fuel demand will peak out in 2020,» Tanaka says.
«Hydrogen (H2) produced from water splitting by an electrochemical process, called water electrolysis, has been considered to be a clean and sustainable energy resource to replace fossil fuels and meet the rising global energy demand, since water is both the sole starting material and byproduct when clean energy is produced by converting H2 back to water,» the researchers wrote.
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.
It remains the fastest growing component of the widening gap between the Ecological Footprint and the planet's biocapacity,» Wackernagel said adding that a global agreement that aims to phase out fossil fuels could have a significant impact in helping curb the consistent growth and even shrink Ecological Footprint, humanity's demand on planet Earth.
«As global energy demand grows over this century, there is an urgent need to reduce our dependence on fossil fuels and imported oil and curtail greenhouse gas emissions,» said Secretary of Energy Steven Chu.
The hummingbird challenges us to organize, to hold our political leaders and global industries accountable and demand that they, and we, accept the potential difficulties, even sacrifices, that we'll have to make to transition from a fossil fuel - based and extractive global system to one that's organized around genuine sustainability and responsibility.
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.
One issue, of course, is that while the focus is on developing or refining energy technologies with limited or no emissions of greenhouse gases, the discussion is taking place in a world where real - time pressures are driving the expansion of conventional fossil fuel menus to keep up with ballooning global energy demand.
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.
He argued that «no credible projection» shows fossil fuels meeting less than 40 percent of global energy demand by mid-century.
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.
Rising global energy needs and the enduring abundance of fossil fuels are driving fuel demand and emissions growth.
Internationally, the energy consumption of China, India, Brazil, South Africa and Mexico will lead to a major global demand increase, which is likely to be met in large part from fossil fuels,» warning that the capacity to deal with these very substantial potential emissions «must urgently be developed.»
Thus, absent fossil fuels, global cropland would have to increase by 150 percent to meet current food demand, but conversion of habitat to cropland is already the greatest threat to biodiversity.
The first signs of a fossil - fuel bust emerged early last year with growing evidence that the decade - long boom in global coal demand was peaking.
However, in absolute terms both energy demand and the share being met by fossil fuel are growing faster since 1990 than the growth in new renewable energy sources, which is accelerating, but not yet fast enough to curb the increasing global CO2 trend.
So as global demand grows, the fossil fuel industry is pushing into...
Total fossil fuel demand was calculated globally, based on world population and per capita demand; while production was calculated on a country by - country basis and summed to obtain global production.
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.
Even though global energy demand is the same in either case, effectively we will need to produce less energy because less is wasted through inefficient fossil fuel burning.
Cost advantages of hydropower based electricity generation and the substitution of fossil fuel based power production in an attempt to reduce carbon emission is expected to drive global hydropower market demand.
With 1000 + articles worldwide, the report made a noteworthy contribution to a global public discussion on peak fossil fuel demand, including an endorsement from Nick Butler at the FT that «it deserves to be read by everyone working in the energy sector, by policy makers and perhaps most urgently by investors».
«Renewable sources of energy can be used to provide modern energy services to the poor, contribute to meeting the increasing global energy demand, reduce air pollution, mitigate climate change and delay the eventual fossil - fuel depletion,» he adds.
Hundreds of thousands of people joined an estimated 2,300 marches and actions in 175 countries over the weekend, demanding that the heads of state and negotiators in Paris pull together a strong deal to fight global warming — and fight to keep fossil fuels in the ground and shift to 100 percent clean energy.
While global demand for fossil fuels grows, gasoline prices remain volatile.
«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.»
Of course, the best way of reducing global fossil fuel supply and demand is to have everybody on Earth doing it simultaneously.
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.
Limiting global atmospheric CO2 concentrations to or below 450 ppm would require that we stop building new fossil fuel infrastructure in the next several years and significantly reduce energy demand over the next few decades.
With 70 % of global energy demand currently met through the burning of carbon - based fuels, and demand predicted to double by 20351, the world faces a growing challenge: reducing climate change causing carbon dioxide (CO2) emissions while not damaging a fragile global economy that is sustained by these abundant fossil fuels.
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.
The hummingbird challenges us to organize, to hold our political leaders and global industries accountable and demand that they, and we, accept the potential difficulties, even sacrifices, that we'll have to make to transition from a fossil fuel - based and extractive global system to one that's organized around genuine sustainability and responsibility.
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.
It is projected that — with current policy settings — global energy demand and associated supply patterns based on fossil fuels — the main drivers of GHG emissions — will continue to grow.
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