Sentences with phrase «price of fossil fuels»

Meanwhile, rising prices of fossil fuels and concern over greenhouse gas emissions have led to broader interest and investment in renewable energy sources.
Thus it may be appropriate to add a CO2 removal cost to the current price of fossil fuels, which would both reduce ongoing emissions and provide resources for future cleanup.
Yet the stock price of a fossil fuel company is linked to its reserves.
Also of importance are the future price of fossil fuels and the magnitude of efforts to provide alternatives.
There's no inherent reason why prices of fossil fuels, solar, and other technologies should align in such a way that allow us to meet our carbon goals.
Thus it may be appropriate to add a CO2 removal cost to the current price of fossil fuels, which would both reduce ongoing emissions and provide resources for future cleanup.
Rather, the intent of robustly taxing carbon emissions is to cut those emissions by decisively raising prices of fossil fuels relative to conservation, efficiency and renewable energy.
By estimating these costs on a global scale, we hope to stimulate an informed policy debate and provide renewed impetus for policy reforms to reap the large potential benefits from more efficient pricing of fossil fuels in terms of improved public finances, improved population health and lower carbon emissions.
A new study from the US Government Accountability Office (GAO) concludes that the Renewable Fuel Standard program will miss its advanced biofuel targets due to the the high costs of creating advanced biofuel; the relatively low price of fossil fuel; the timing and cost to bring new tech to commercial - scale... Read more →
Even with the falling price of fossil fuels, solar equipment and installation prices are diminishing as well, with California leading the nation in adoption of this technology.
Suffice to say that when you factor in all of the government subsidies and «externalities» (increased health costs from respiratory sickness, environmental degradation, etc; the stuff that we all have to pay for maybe not from our wallets but in our tax returns), the true price of fossil fuels is much, much higher than any individual or company pays.
A $ 40 / t tax would increase the wholesale and retail prices of fossil fuelled electricity by about 4 cents per kWh.
Note, however, that the substantial fossil fuel inputs to biofuels would be taxed under this option, causing prices of fossil fuel - intensive biofuels to rise in proportion to a carbon tax.
Additionally, subsidies don't encourage building where it will do the most good — as discussed below, the location chosen to build a windmill may well be different if motivated by correct pricing of fossil fuels rather than subsidies / mandates.
Tragically, the net effect on the global atmospheric commons will be negligible, because if enough consumers respond to non-price incentives to reduce their consumption, the direct price of fossil fuels will decline, making it economic for others to increase their consumption.
«When you account for the health and climate costs — as well as the rising price of fossil fuels — wind, water and solar are half the cost of conventional systems,» Jacobson said.
A new study from the US Government Accountability Office (GAO) concludes that the Renewable Fuel Standard program will miss its advanced biofuel targets due to the the high costs of creating advanced biofuel; the relatively low price of fossil fuel; the timing and cost to bring new tech to commercial - scale... Read more →
Uncertainty about the baseline is associated with assumptions adopted for rates of technological change and economic growth, and future prices of fossil fuels.
When you account for the effects which are not reflected in the market price of fossil fuels, like air pollution and health impacts, the true cost of coal and other fossil fuels is higher than the cost of most renewable energy technologies.
Additionally, IRENA predicts that by next year, the best onshore wind and solar PV projects will be delivering electricity for $ 0.03 / kWh, which is considerably below the current price of fossil fuels.
Similarly, as the price of fossil fuels goes up, the country will lean more and more on sources of clean, renewable energy.
Increases in the price of fossil fuels since 1979 have meant that less has been burned and less carbon dioxide has been added to the atmosphere.
As we see the price of fossil fuels and conventional energy sources rising it is clear that the future of our energy requirements will be one that is based on a range of sustainable and renewable sources.
With the price of fossil fuels and other commodities rising, a lot of that is down to economic self - interest.
Given the uncertainties in future demand, carbon regulation and the price of fossil fuels, exploring the nuclear option makes business sense.
So the overall cost spread over time would be roughly equal to the price of the fossil fuel infrastructure, maintenance and production.
So the overall cost spread over time would be roughly equal to the price of the fossil fuel infrastructure, maintenance and production, authors say.
As the narrator explains: domestic terrorism has increased, there are economic disputes revolving around the price of fossil fuels, and there's also rising unemployment.
The faster we get other energy sources online, the more slowly will the price of fossil fuels advance.
Actually, I am becoming optimistic about raising the price of fossil fuels with some sort of carbon tax.
Devoting scarce political capital to the goal of raising the price of fossil fuels is a waste of effort.
some of them will assuredly become more economically viable as the price of fossil fuels increases.
It is also important to remember that we will likely have a largely fossil - fuel free economy by 2100 no matter what we do because the price of fossil fuels are rising as demand outstrips supply.
Not so with CO2E; the price of CO2E is demonstrated by the BC case to be up to some five times more sensitive than the price of the fossil fuels it is attached to.
How durable is this fear of alienating the electorate by flirting with raising the price of fossil fuels?
I got in only a few sentences, my usual statements about the crucial need to make the price of fossil fuels honest by including their (human health, environmental, and climate change) costs to society, and specifically the merits of a revenue neutral carbon fee with no money to the government.
Renewable energy not only helps reduce global warming and safeguard against the rising prices of fossil fuels, but it also could create badly needed jobs.
They raise the price of fossil fuels.
The good news is that the savings are quite dramatic over the ever increasing prices of fossil fuels.
They assume that as the price of fossil fuels rises, these energy sources will substitute for fossil fuels.
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