Sentences with phrase «move out of fossil fuel»

If we truly move out of fossil fuel fast and furiously, demand for substitutes — for instance forests as a fuel source — could place tremendous new pressures on our planet if not managed well.

By last December, over 500 institutions including large insurers, funds and banks managing US$ 3.4 tn of assets pledged to move out of fossil fuels for climate reasons.

Not exact matches

An unprecedented coalition of close to 40 governments, hundreds of businesses and influential international organisations has called today for accelerated action to phase out fossil fuel subsidies, a move that would help bridge the gap to keep global temperature rise below 2 °C.

This move will not only cut carbon emissions, it will keep money in the hands of American consumers and out of the pockets of the dirty fossil fuel industry.

The next step is obviously to move from commitment to action, by raising the level of ambition of the Paris pledges, phasing out fossil fuel subsidies by 2020 and providing support to those most vulnerable to climate change impacts.»

The resources required to rapidly move away from fossil fuels and prepare for the coming heavy weather could pull huge swaths of humanity out of poverty, providing services now sorely lacking, from clean water to electricity.

The current text therefore reiterates the existing commitment, adding that «we will endeavour to make further progress in moving forward this commitment», encouraging all G20 members to initiate a voluntary peer review as soon as feasible, and noting the OECD / IEA progress report on the peer review process and facilitation of inefficient fossil fuel subsidies phase out.

KEEP IT IN THE GROUND - The Guardian launched a petition urging the world's two biggest charitable funds to move their money out of fossil fuels.

The fight over clean energy and climate policy in California is dripping with out - of - state oil money because the oil billionaires want to stamp out the progress that has been made to move toward clean energy and energy efficiency, and keep us addicted to their fossil fuels.

We've been moving CO2 out of sequestration (fossil fuels) into the more mobile atmosphere, water, biosphere — and as a result atmospheric concentrations of CO2 will be out of equilibrium until much slower natural processes move the carbon out of those compartments.

The Koch brothers — major Republican donors whose sprawling empire of fossil fuel - related industries has made them billionaires — have cheered on the fossil fuel - friendly moves that Republican Congress and the Trump administration have undertaken, from an attempt to kill rooftop solar in the recent tax bill to a solar tariff that could slow solar adoption to going ham with offshore drilling to pulling out of the Paris climate agreement.

They announced their decision to move its entire investment portfolio out of the fossil fuel industry over the next three years.

Albeit localised in this case, this example of a fossil fuel becoming stranded by lower - cost, lower - carbon alternatives and increasing regulations provides an excellent example of how the future may pan out globally and with other fuels as the world moves to a low - carbon economy.

Specifically, they say that humanity «must begin now to move toward the era beyond fossil fuels», and «the most difficult task, phase - out over the next 20 - 25 years of coal use that does not capture CO2, is Herculean, yet feasible when compared with the efforts that went into World War II.

Hundreds of institutions around the world are committing to move their money out of the fossil fuel industry.

The Paris Agreement is based on emission scenarios that move from a sluggish phase - out of fossil fuels to large - scale late - century negative emissions.

The article is published as part of the newspaper's Keep it in the Ground campaign against fossil fuel companies, encouraging big capital investors to move their interests out of brown energy — «divestment».

Webb wrote to Davey a few days later: «[Newspaper] articles reported you backing moves that would encourage investors to think about moving their money out of «risky» fossil fuel assets, suggesting global emissions limits could make hydrocarbon reserves unburnable, therefore stranding assets and rendering them worthless.»