Not exact matches
Similarly, as the
price of
fossil fuels goes up, the country will lean more and more on
sources of clean, renewable
energy.
Solar power recently crossed the threshold to become the cheapest
energy source, and other renewable
sources are quickly dropping in
price, putting them close to par or better compared to conventional
fossil -
fuels.
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.
I doubt that politicians truely understand the problem at hand, it is not as if we have a new
energy technology ready to fill in for
fossil fusl at the present time and whilst I am sure than
energy efficiency can reduce carbon emissions by around 25 % it will be left to the markets to decide this and that means awaiting the onset of peak
fossil fuels to push up the
price of it that will make other
energy sources more viable.
The faster we get other
energy sources online, the more slowly will the
price of
fossil fuels advance.
That's a tough sell in a stuttering economy and a polarized Congress, even if many studies conclude that, in the long run, the costs from raising the
price of
fossil -
fueled electricity and other
sources of
energy could be modest.
In the New Mexico of 2020 includes a move away from
fossil fuels, a perfected use of renewable power
sources, zero - emissions buldings, fewer miles traveled, less imported power and fewer power lines, micorgrids that produce their own electricity for hundreds of communities, a reconfiguration of human organizations that aligns with better
pricing and
energy supply, green collar jobs, and supportive local governments.
Let's reword all this and say that we want to improve
energy efficiency and reduce waste and real pollution wherever we can, we want to move away from ever scarcer and costlier
fossil fuels, particularly those that have to be imported from a
price - fixing cartel of nations that are generally hostile to us and we want to develop new domestic
sources of
energy, be that shale oil and gas, new biofuels (not silly corn - to - ethanol schemes) and other renewable
energy sources, etc..
C. Technically, it is still possible to solve the climate problem, but there are two essential requirements: (1) a simple across - the - board (all
fossil fuels) rising carbon fee [2] collected from
fossil fuel companies at the domestic
source (mine or port of entry), not a carbon
price «scheme,» and the money must go to the public, not to government coffers, otherwise the public will not allow the fee to rise as needed for phase - over to clean
energy, (2) honest government support for, rather than strangulation of, RD&D (research, development and demonstration) of clean
energy technologies, including advanced generation, safe nuclear power.
The motivating question was: «Is the dramatic decline in oil
prices a complete gift to the West because of the enormous funds being saved, or is it an unintended Trojan horse because development of renewable
energy as well as new
fossil -
fuel sources will decline in the West, posing longer new challenges?»
Several factors, especially changes in relative
fossil fuel prices, have influenced the mix of
energy sources used.
And as the
price of
fossil fuels increases, solar power will become more cost effective relative to traditional
sources of
energy.
They assume that as the
price of
fossil fuels rises, these
energy sources will substitute for
fossil fuels.
Renewable
energy sources like wind and solar continue to drop in
price, thus making
fossil fuel investments less practical.
Climate economists repeatedly have pointed out that such
energy innovation is the most effective climate solution, because it is the surest way to drive the
price of future green
energy sources below that of
fossil fuels.
While
fossil fuels will account for most of the increased
energy supply, renewable
sources of
energy will also gain importance, as a result of concerns over high
fossil fuel prices, increasing greenhouse gas emissions and
energy import dependence.
While
fossil fuels will remain an important
source of
energy, renewable
energies will also gain importance, as a result of concerns over high
fossil fuel prices, increasing greenhouse gas emissions and
energy import dependence.
Renewable
energy sources are great, but they are not capable of replacing
fossil fuels either in capacity nor
price competitiveness.
However I agree with letting the market determine power
prices so would advocate removal of subsidies of all
energy sources i.e. US
fossil fuel http://priceofoil.org/
fossil-
fuel-subsidies/
No longer a passing fad, these rooftop appliances are fast becoming a mainstream
source of
energy as
fossil fuel prices rise.
Plus, a
price on carbon simply serves to raise the cost of
fossil fuel energy and does nothing to lower the costs of alternative
energy sources.
«When you
price carbon dioxide emissions, that incentivizes reducing or switching from using
fossil fuels to cleaner, more expensive
sources of
energy, which has economic costs,» Karplus explained.
The NAS National Research Council calculates that the health costs from
fossil fuel combustion are in the billions: «WASHINGTON — A new report from the National Research Council examines and, when possible, estimates «hidden» costs of
energy production and use — such as the damage air pollution imposes on human health — that are not reflected in market
prices of coal, oil, other
energy sources, or the electricity and gasoline produced from them.
With a carbon
price, some
fossil fuels would continue to be extracted because it would still be cost - effective to do so: the market would decide efficiently which
energy sources to use, where
energy can be saved through
energy efficiency improvements, and which
fossil fuels to leave in the ground.
In January 2008, the Harvard Law and Policy Review published «Fast, Clean and Cheap,» which argues that the vast
price gap between
fossil fuels and clean
energy sources combines with public resistance to higher
energy prices to create a fundamental constraint on the efficacy of carbon
pricing to drive emissions reductions everywhere in the world.
In January 2008, the Harvard Law and Policy Review published «Fast, Clean, and Cheap,» which argued that the vast
price gap between
fossil fuels and clean
energy sources combines with public resistance to higher
energy prices to create a fundamental constraint on the efficacy of carbon
pricing to drive emissions reductions everywhere in the world.
Particularly since we have a climate change bill making its way through Congress that will, at long last, if all goes well, put a
price on carbon emissions — thereby giving low - carbon
energy sources what they desperately need, which is a fighting chance to compete with
fossil fuels on something resembling a level playing field.
If carbon fee & dividend were implemented in the USA, the increasing the
price of
fossil fuels and their products would have the effect of reducing their use, compared to
fossil -
fuel - independent
energy sources and products.
Because changes in the market away from
fossil fuels will inevitably make those
energy sources less expensive, carbon taxes keep their
prices high, reflecting the costs imposed on society by carbon emissions.
In other words,
fossil fuel price increases and volatility will increase
energy bills, and measures which reduce consumption and shift production away from
fossil fuel sources are a way of hedging against this.
But it would also make the
price of polluting
fossil fuels more «fair» and encourage investment in cleaner
sources of
energy, and serve to level the playing field.
With low maintenance and replacement costs, he believes the system will significantly reduce the cost of solar
energy from the current
price of around $ 4 per watt of installed capacity to levels where is competes directly with
fossil fuel - based
energy sources.
Thus a carbon
price more accurately reflects this true cost in the market
price, and also aids in the transition to other
energy sources whose true cost is actually lower than
fossil fuels.
These
sources of
energy are becoming cost effective with
fossil fuels (although the
price of a barrel of oil fluctuates considerably, and is currently quite low).
Replacing large - scale
fossil fuel energy production with zero - carbon
sources will come with a big
price tag.
On that answer depend thousands of jobs for our residents, an abundant
source of stably -
priced energy, and Virginia's ability to move beyond
fossil fuels in the face of climate change.