Sentences with phrase «oil and coal reserves»

«For us, the science is really clear; we need to keep 80 percent of the world's gas, oil and coal reserves within the ground if we are going to have any chance of keeping the rise in climate to within 2degC, so we think divesting from fossil fuels is very much a pertinent issue of the age, and we need to start acting now.

To me the characterization of reports and presentations as «myths» that challenge the continued investment in high risk energy sources and designated so by someone with their feet firmly planted in oil and coal reserves, is not respectful disagreement but propaganda and a contributing factor in the stalling of «the drive to clean up the world's energy system.»

In order to send a message to fossil fuel companies that oil and coal reserves are best left in the ground, the movement encourages investors to sell their shares in these companies.

Not exact matches

The big issue around climate change that «nobody's talking about» is whether oil and coal companies are prepared to write down 80 % of their reserves.

Admittedly we are a net importer of oil (increasingly so as Bass Strait reserves diminish), but Australian entities make large exports of natural gas and thermal coal, whose prices are highly correlated with oil prices over time.

For the time being, much of the analysis on the financial losses focuses on the plunge in oil and coal prices, and the potential that a huge portion of the global reserves of oil, gas, and coal will be «stranded» in the ground to curb climate change.

At present rates of use the accessible reserves of both coal and oil will be consumed within a single generation.

Put another way, only one quarter of the world's remaining known coal, oil and natural gas reserves can be burned.

Lacking the rich oil, coal and other energy reserves of many other nations, Japan relies on nuclear power for some 30 percent of its electricity.

And if all the known reserves of coal, oil and gas are burnt, the figure will eventually rise to more than 4 trillion tonnAnd if all the known reserves of coal, oil and gas are burnt, the figure will eventually rise to more than 4 trillion tonnand gas are burnt, the figure will eventually rise to more than 4 trillion tonnes.

If we look to the future, our energy reserves used at our current rates will last us perhaps another 50 — 60 years for oil and gas, and coal another 100 years.

Interest in hydrates has skyrocketed in recent years because global deposits are thought to harbor more fuel energy than all the world's coal, oil and natural gas reserves combined.

The total amount of methane made by these microbes is probably greater than the mass of all known reserves of coal, gas, and oil.

According to one recent analysis, staying below 2 ° C would require that a third of all proved reserves of oil, half of all natural gas and 80 percent of coal remain in the ground.

Many of his mistakes are big ones: he bungles the issues involving reserves and resources that are critical to his core argument about oil remaining cheap; he drastically misleads his readers about the extent to which sulfur dioxide and nitrogen oxide emissions from coal - burning have been reduced; he trivializes the climate - change risks from coals carbon dioxide emissions by suggesting we know the impacts will be worth only 0.64 cents per kilowatt - hour.

Burning proven reserves of coal, oil and gas would release 2860 Gt.

$ 8 billion) over first ten years for deficit reductionObeys PAYGO; Starting in 2026, 25 % of auction revenues for deficit reductionFuels and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and TransportationIncrease biofuels to 60 million gallons by 2030, low - carbon fuel standard of 10 % by 2010, 1 million plug» in hybrid cars by 2025, raise fuel economy standards, smart growth funding, end oil subsidies, promote natural gas drilling, enhanced oil recoverySmart growth funding, plug - in hybrids, raise fuel economy standards $ 7 billion a year for smart growth funding, plug - in hybrids, natural gas vehicles, raise fuel economy standards; offshore drilling with revenue sharing and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and oil spill veto, natural gas fracking disclosureCost ContainmentInternational offsetsOffset pool, banking and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and borrowing flexibility, soft price collar using permit reserve auction at $ 28 per ton going to 60 % above three - year - average market price» Hard» price collar between $ 12 and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and $ 25 per ton, floor increases at 3 % + CPI, ceiling at 5 % + CPI, plus permit reserve auction, offsets like W - MClean Air Act And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/And StatesNot discussedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and trade suspended until 2017, EPA to set stationary source performance standards in 2016, some Clean Air Act provisions excludedOnly polluters above 25,000 tons of carbon dioxide equivalent a year, regional cap and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/and trade pre-empted, establishes coal - fired plant performance standards, some Clean Air Act provisions excludedInternational CompetitivenessTax incentives for domestic auto industryFree allowances for trade - exposed industries, 2020 carbon tariff on importsCarbon tariff on importsReferences: Barack Obama, 2007; Barack Obama, 8/3/08; Pew Center, 6/26/09; leaked drafts of American Power Act, 5/11/10.

The numbers aren't perfect — they don't fully reflect the recent surge in unconventional energy sources like shale gas, and they don't accurately reflect coal reserves, which are subject to less stringent reporting requirements than oil and gas.

Our results suggest that, globally, a third of oil reserves, half of gas reserves and over 80 per cent of current coal reserves should remain unused from 2010 to 2050 in order to meet the target of 2 °C.

The Carbon Tracker Initiative — led by James Leaton, an environmentalist who served as an adviser at the accounting giant PricewaterhouseCoopers — combed through proprietary databases to figure out how much oil, gas and coal the world's major energy companies hold in reserve.

There are enough fossil fuel reserves (in oil, coal, and methane hydrates) to continue to increase CO2 way beyond 400ppmv as will be seen in a very few number of years.

All the energy stored in Earth's reserves of coal, oil, and natural gas is matched by the energy from just 20 days of sunshine.

In front of Jannis Kounellis's Untitled, 1979, the narrator draws our attention to Kounellis's use of industrial - strength coal dust, and then traces BP's pre-history as the Anglo - Persian Oil Company responsible for tapping Iranian oil reserves — offering the country a paltry 16 % of profiOil Company responsible for tapping Iranian oil reserves — offering the country a paltry 16 % of profioil reserves — offering the country a paltry 16 % of profits.

Coal and oil, though large reserves remain, are still finite and will not meet demand given a sufficient expansion of our economies over time.

Gavin, are you aware of the complete disconnect between SRES estimates of fossil fuel reserves, which are based on a single review paper by Roger in 1997, and more recent views regarding peak oil, peak gas, and peak coal?

The share prices of oil, gas and coal companies depend in part on their reserves.

We have world scale reserves of oil, natural gas, coal, uranium, hydroelectric power, wood and other renewable sources too.

The Third Number: 2,795 Gigatons This is the amount of carbon already contained in the proven coal and oil and gas reserves.

A new buzz phrase in the push to limit greenhouse gas emissions is «unburnable carbon» — an effort to define and then wall off the portion of the world's still - vast reserves of coal, oil or natural gas that might, if combusted, cause unacceptably costly or dangerous climate change.

There are enough fossil fuel reserves (in oil, coal, and methane hydrates) to continue to increase CO2 way beyond 400ppmv as will be seen in a very few number of years.

Here's a solution: All the sovereign States with gas, oil, and coal reserves, can use their sovereign power to simply clamp down on production, driving FF prices higher, and achieve the Nirvana New Energy Future as rapidly as is physically possible.

Such options include the inevitable expansion of Canada's own tar / oil sands (Keith Kloor has nicely knitted several views of this option), ever more coal production and the global push to tap greatly expanded reserves of natural gas.

The annual increments for the past few decades have been slightly larger for oil than for coal, but coal use has accelerated in the past few years, and in the long run coal will be the greatest source because of its larger reserves (discovered deposits) and estimated resources (deposits still to be discovered).

There is a raging battle today about the size of fossil fuel reserves and resources, with «peakists» claiming that we are already at or near peak production of both oil and coal because the amounts of economically recoverable fuels in the ground are more limited than the fossil fuel industry has admitted.

The authors note that as fossil fuel reserves shrink, as air pollution worsens, and as concerns about climate instability cast a shadow over the future of coal, oil, and natural gas, a new world energy economy is emerging.

Even after decades of increasingly dire warnings, the US has still not passed comprehensive federal legislation to combat global warming; Canada has abandoned past pledges in order to exploit its emissions - heavy tar sands; China continues to depend on coal for its energy production; Indonesia's effort to stem widespread deforestation is facing stiff resistance from industry; Europe is mulling pulling back on its more ambitious cuts if other nations do not join it; northern nations are scrambling to exploit the melting Arctic for untapped oil and gas reserves; and fossil fuels continue to be subsidized worldwide to the tune of $ 400 billion.

Thus Callendar in his landmark paper argued in 1938 that growing efficiency had stabilized the amount of gas production in the previous 20 years, ignoring the Depression's effects, Callendar (1938), p. 231; Plass implicitly assumed linear growth in calculating that it would take a thousand years to use up known reserves of coal and oil, Plass (1956), p. 149; similarly in the crucial paper Revelle and Suess (1957).

Shell applies the logic of a carbon budget to its analysis of remaining oil, gas, and coal reserves.

Shareholder action can be an effective tool to make small reforms at a company — such as pressuring Apple to institute better labour practices at the factories it works with in China — but it won't achieve the fundamental changes to the business model of the fossil fuel industry needed: keeping their coal, oil and gas reserves in the ground.

A script pulled out the direct fossil fuel investments using the Carbon Underground 200 that identifies the top 100 public coal companies globally and the top 100 public oil and gas companies globally, ranked by the potential carbon emissions content of their proven reserves.

«Professor Tom Wigley, was chiefly interested in the prospect of world climates being changed as a result of human activities, primarily through the burning of wood, coal, oil and gas reserves...»

We've already mined out much of the coal that's really easy to dig up (Britain had massive reserves in the nineteenth century), and oil is increasingly being sought in expensive locations like the deep sea and Arctic.

To stay below that threshold, Citigroup estimates that one - third of oil reserves, half of natural gas reserves, and 80 per cent of coal reserves need to stay in the ground.

The so - called «carbon bubble» is the result of an over-valuation of oil, coal and gas reserves held by fossil fuel companies.

«Investors in carbon - intensive business could see $ 6 trillion wasted as policies limiting global warming stop them from exploiting their coal, oil and gas reserves, according to a report.

China is building 3 coal fired power plants every two weeks, and the government is aggressively locking up oil and gas reserves in other countries.

Between 60 - 80 % of coal, oil and gas reserves of publicly listed companies are «unburnable» if the world is to have a chance of not exceeding global warming of 2 °C

That has a clear implication for our fossil fuel consumption, meaning that humans can not burn all of the coal, oil and gas reserves that countries and companies possess.

Burning coal, for example, also produces copious quantities of greenhouse gasses (even with «clean coal» technologies) and our coal reserves are decidedly less limited than our oil reserves.

«The majority of proven coal, oil, and gas reserves may be considered «unburnable» if global temperature increases are to be limited to two degrees Celsius,» he wrote in a letter to the British parliament's Environmental Audit Committee (PDF) in October, referring to the widely accepted temperature threshold for avoiding the worst effects of climate change.