Sentences with phrase «investment in fossil fuel production»

Civil society is not alone in making this point, just last week, 100 economists from around the world signed the Declaration on Climate Finance, calling for an immediate end to investment in fossil fuel production and infrastructure.

Not exact matches

Fossil fuel - based energy production needs to stop getting subsidized, and we need massive investment in and adoption of renewable energy sources.

Global energy - related emissions could peak by 2020 if energy efficiency is improved; the construction of inefficient coal plants is banned; investment in renewables is increased to $ 400 billion in 2030 from $ 270 billion in 2014; methane emissions are cut in oil and gas production and fossil fuel subsidies are phased out by 2030.

There are alternatives I don't think I convinced either of my two audiences that fossil fuels are going to disappear overnight, but once I drew their attention to recent declines in Chinese coal production and a stall in global carbon emissions they did appear to concede that basing future investment decisions simply on past patterns of consumption might not be the wisest of strategies.

Carbon Tracker compared demand for fossil fuels in a 1.75 C world — the mid-point of the Paris Agreement — with demand in a 2.7 C world, looking at oil, gas and coal production to 2035 and capital investment to 2025.

If the industry is in fact incentivized to maximize near - term profits, a large conflict of interest exists, since (as you know) investments in fossil fuel resources are typically (until recently) made years, if not decades before production, and often in different political, economic, and social contexts.

We have a very strict guideline that no David Suzuki Foundation investments are to be made in industries or companies involved in the production, processing, or transportation of fossil fuels.

Absolutely it would cost trillions of capital investment, likewise we have invested trillions in fossil fuel energy production since the industrial revolution began.

They exclude investments in companies that have significant exposure to fossil fuel exploration or production, as well as alcohol, tobacco, gambling, and weapons.

And even as nations work to reduce CO2 emissions from fossil fuel consumption, investment in coal, oil and gas production remains high and is expected to hold steady or continue to grow.

We need to better understand how the institutions, investments and infrastructure that support fossil fuel production can lock in dependence on fossil fuels, and identify strategies to help societies move away from such dependency.