Harvard's decision comes less than a week after the Intergovernmental Panel on Climate Change (IPCC) sounded the alarm for immediate action on climate change and the necessity for keeping much
of known fossil fuel reserves in the ground, a reality that will affect investments in fossil fuels.
According to the UN's Intergovernmental Panel on Climate Change, around 80 %
of known fossil fuel reserves would need to stay in the ground for humanity to limit the concentration of CO2 in the atmosphere to 450 parts per million.
Today the International Energy Agency released its World Energy Outlook and confirmed estimates that the overwhelming majority
of known fossil fuel reserves (75 - 80 %) will have to be kept in the ground to avoid 2 degrees Celsius temperature rise.
Here is the background on 3
of the known fossil fuel friendlies that will appear as «experts» on Beck's show.
They too argued that the world can consume no more than 20 %
of known fossil fuel reserves if mankind is to survive which meant the reserves being carried on the books of Big Fossil were dangerously sub-prime.
Indeed, «the vast majority
of known fossil fuel reserves must be left undeveloped.»
In order to stand a chance of surviving climate change, we need to keep 80 percent
of known fossil fuel reserves in the ground.
The accepted need to keep 80 %
of known fossil fuels in the ground is not compatible with a fracking boom, however tough the regulations.
Not exact matches
Fossils fuels are
no longer the largest recipient
of investment in the energy sector, the latest report from the International Energy Agency said Tuesday.
A
known sceptic
of human - induced climate change, advocate
of fossil fuels, and critic
of several government - run climate programs, the ex governor
of Texas» nomination have many involved parties worried.
As he prodded the prime minister, Nye, best
known as the host
of the 1990s PBS show «Bill Nye the Science Guy,» and more recently for the Netflix series «Bill Nye Saves the World,» cited a study by a group called The Solutions Project that concluded Canada could live entirely without
fossil fuels if it fully embraced renewable energy sources.
«The oil companies
knew from 1959 on, they did their own study that there would be global warming happening because
of fossil fuels, and on top
of it that it would be risky for people's lives, that it would kill,» Schwarzenegger said in the podcast.
The initiative,
known as Yasuní - ITT, failed to raise the necessary funds as northern Annex 1 countries balked at contributing to keeping
fossil fuels in the ground — a strategy that is now a scientific imperative if the world is to meet its declared goal
of avoiding a 2 °C rise in temperature.
The president
of Kinder Morgan Canada, Ian Anderson, recently claimed he is not smart enough to
know whether human activity — i.e. the
fossil fuel industry — causes climate change.
«A government begging for this industrial onslaught to accelerate, at a time when we
know we need to transition away from
fossil fuels, is the definition
of reckless.»
Due to the increasing cost
of fossil fuels we are
no longer able to provide coal on a per transgression basis.
Such a plan could enable businesses to make their own plans
knowing what the relative costs
of fossil fuels, solar energy, and human labor are likely to be over time.
The geologists
know exactly what rocks to look for
fossil fuels in, because they
know how to date the rocks to tens or hundreds
of millions
of years ago.
GWE combine specialized
know - how in generating biogas with our extensive range
of anaerobic reactors, and in supply and installation
of biogas re-use and handling systems for
fossil fuel replacement or power generation.
If you've got it, flaunt it — and your hair will remain perfect until the excess energy you used powering two hair dryers will hasten the world's expenditure
of fossil fuels to the point where we can
no longer afford the electricity to power hair dryers, and instead resort into walking into darkened caves full
of bats and allowing the collective heat
of their tiny nocturnal bodies to hasten the evaporation
of our surplus hair water.
«Divesting from
fossil fuel stocks doesn't solve the problem, but it sends a huge message that government and its citizens should not be investing in the type
of fuel that we
know increase the problems we face rather than decrease and reverse the outcome
of climate change.»
As
fossil fuels have a finite quantity, the costs
of using it tend to increase as we get to the point where it is
no longer easily available.
We need to let governor Cuomo
know that we want renewable energy now and not
fossil fuel or nuclear energy
of the past.
It's not
known how much
of that is invested in
fossil fuel companies.
Finally, we
know that the
fossil fuel resources that supply the majority
of our energy needs are finite.
The plaintiffs include 21 children and young adults, who argue the federal government has encouraged
fossil fuel use despite
knowing the dangers
of climate change
What in effect, we would be doing is displacing 300 oil - fired power plants and another 300 coal - fired power plants; so the land required for 600
fossil fuel power plants — if you are going to think that way, if you consider the whole system, which includes mining coal, which includes drilling for oil, the refining
of all that, it's not just the power plant — that the land tradeoff actually gets to be fairly close, you
know, the solar power plant is the footprint
of the solar power and that's it.
To meet the objectives
of the Paris climate accord, the three banks must
no longer finance «extreme
fossil fuels, which are simply incompatible with a climate - stable world,» said Amanda Starbuck
of RAN.
Growing crops for
fuel —
known as biofuels — represents another potential way
of cutting GHGs by replacing
fossil fuels (biofuels created underground by nature over millions
of years).
There is always going to be some local need for
fossil - based
fuels, you
know, in industrial processing or some things you just can't do with electricity, but by and large, right, if you wanted to try to replace those sorts
of applications with biofuels and things like that, then you could be off oil altogether.
Fossil fuels — the hydrocarbons
known as peat, coal, oil, and natural gas — are formed from the constituents
of deeply buried and preserved organic matter.
«So this is a positive message: We
know what to do — rapidly ending
fossil fuel use complemented by a great variety
of CO2 removal techniques.
Industrialized civilization relies on coal, oil and natural gas — the stored sunlight collectively
known as
fossil fuels — for more than 80 percent
of the energy that enables everything from driving to reading on a computer screen.
For starters, scientists
know why CO2 levels are now increasing — burning
of fossil fuels and other human activities (SN: 5/30/15, p. 15).
Everyone
knows fossil fuels come from long - dead plants, but Jeffrey Dukes wanted real numbers: How much plant matter does it take to make a gallon
of gasoline?
«Agents doing the dirty bidding
of the
fossil fuel industry
know they can't contest the fundamental science
of human - caused climate change,» he said in an email.
Those shifts most likely stem from the copious quantities
of carbon dioxide spewed by
fossil fuel — fired power plants that are changing the climate and, thus, the tiny plants
known as phytoplankton that serve as the base
of the oceanic food chain.
If
fossil fuel actually carried the cost that, you
know,
of its damage that it does, then we'd see all these things happening more rapidly.
McKibben: Yeah, and there are you
know these are kind
of calculations that'll start to sort themselves out once you remove the sets
of subsidies from
fossil fuel and food and things; [we'll] begin to get a better sense.
«We now
know a great deal about the harm from the emissions from
fossil fuels,» said Frederica Perera, director
of the Columbia Center for Children's Environmental Health at the Mailman School
of Public Health.
McKibben:
No, exactly, and so the question becomes in effect, my sense is that all
of this will happen more or less logically; that it flows from the physics and chemistry
of the world that we're moving into, just like the centralized world floating logically from the physics and chemistry
of fossil fuel.
(Reuters)- The U.S. electric industry
knew as far back as 1968 that burning
fossil fuels might cause global warming, but cast doubt on the science
of climate change and ramped up coal use for decades afterward, an environmental watchdog group said on Tuesday.
And so I think that the logic, you
know, the logic
of fossil fuel was a centralizing one, it occurred in a few places, it was highly efficient to take it to other centers, easy to transport, you can take it some centralized place, and burn it in mass quantities, produce power that you then distributed widely.
McKibben: Yeah, it could be and [they] are very interrelated because the thing that's allowed that complexity [and] that size is the access to endless amounts
of cheap
fossil fuel, which we
no longer are going to have, a) because we're starting to run out, b) more powerfully because we can
no longer safely burn it.
No matter how you look at it, I think there's only one long - term solution: to stop using carbon as a source
of energy, to switch away from using
fossil fuels.
We are never going to go back to having 50 percent
of America farming but we definitely need more than 1 percent
of America farming if we're going to do [with] out vast quantities
of fossil fuel, which we can
no longer for many reasons continue to do, and I think that will be altogether healthy, and I think there'll be lots
of people who will enjoy it immensely.
This is
known to cause premature death, and policies that aim to reduce our consumption
of fossil fuels often cite the potential health benefits — and related cost savings — linked to reducing air pollution.
Furthermore, the relatively quick process
of converting coal - fired plants to biomass - fired generation is an attractive benefit for power generators whose generation assets are
no longer viable as coal plants due to the expiration
of operating permits or the introduction
of taxes or other restrictions on
fossil fuel usage or emissions
of GHGs and other pollutants.
It is widely
known that the terrestrial biosphere (the collective term for all the world's land vegetation, soil, etc.) is an important factor in mitigating climate change, as it absorbs around 20 %
of all
fossil fuel CO2 emissions.
Knisely even concluded that the
fossil fuel industry might need to leave 80 percent
of its recoverable reserves in the ground to avoid doubling CO2 concentrations, a notion now
known as the carbon budget.