Not exact matches
We also saw a nod to the government's push to grant Canadian resources
greater market access: «Canada's energy
reserves are vast — sufficient to
fuel our growing economy and supply international customers for generations to come.
It is no coincidence that the citizens of Arab countries with limited fossil
fuel reserves have enjoyed
greater freedom over the years than their oil - rich neighbours.
Indeed, as the world's other energy
reserves diminish, mining companies may find themselves compelled to invest in technologies for exploiting the world's last
great reserve of carbon - based
fuel.
But she
reserves her
greatest scorn for the labor - market conditions that have
fueled them and for the absence of a government jobs policy.
For the first time, the mainstay of the Porsche line - up foregoes normally aspirated power in favour of a contemporary turbocharged engine — one that endows the volume - selling Carrera and Carrera S models with
greater reserves than ever before, along with better
fuel economy.
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.
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.
The analysis concludes that even a less ambitious climate goal, like a 3 °C rise in average global temperature or more, which would pose significantly
greater risks for our society and economy, would still imply significant constraints on our use of fossil
fuel reserves between now and 2050.
This analysis comes on the heels of reports from scientific bodies such as the Intergovernmental Panel on Climate Change and International Energy Agency that suggest the world has far
greater reserves of fossil
fuels already than can be burned while staying within agreed climate limits.
Likewise, Hawaii has plenty of biomass resources that could potentially be used in many different ways, which is especially
great news for a place with no indigenous fossil
fuel reserves.
The authors do not mention that the estimated CO2 / CH4 release that led to the PETM was several orders of magnitude
greater than all the carbon in all the combined fossil
fuel reserves of our planet today, yet the authors state:
Carbon dioxide emissions associated with burning coal are the
greatest of any fossil
fuel, and coal has the highest carbon content among all unburned fossil
fuel reserves.
To date, we have added about 1.5 trillion tons of CO2 from fossil
fuel use (this is my recollection from papers by Meinshausen and others), and so by my very rough calculations, coal alone would permit us to contribute much more to atmospheric CO2 than we have already done, with a warming effect substantially
greater than what we have already observed — and that is without counting oil and gas
reserves.
The research underlying that concept showed that the carbon embedded in proven fossil
fuel reserves on the books of fossil
fuel companies is many times
greater than what climate scientists have determined the atmosphere can withstand in a safe climate scenario.