Sentences with phrase «pricing of fossil fuels in»

All countries could agree to impose a common carbon emissions tax, which would increase the price of fossil fuels in proportion to their carbon content.
In my view, cutting the price of fossil fuels in a world undergoing climate change is not justified under any circumstances.

Not exact matches

His rivals play off it on the campaign trail, with the NDP's Thomas Mulcair bemoaning billions in subsidies to the fossil fuel sector and Liberal Leader Justin Trudeau saying Harper «bet everything on the price of oil.»
If a climate coalition reduces its emissions, world prices change and nonparticipants typically emit more; they may also extract the dirtiest type of fossil fuel and invest too little in green technology.
Energy prices, in particular, have risen sharply: Japan buys virtually all of its oil and gas abroad, and the post-Fukushima shutdown of the country's nuclear industry has further increased the need for fossil fuels.
The dramatic and protracted downturn in the oil price has been posited by many as heralding the end of fossil fuels.
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.
We need a # 110bn investment in our energy infrastructure, and a failure to invest now will lead to an increased dependence on imported fossil fuels, which are subject to volatile price spikes and security of supply issues.
The shape even fed into the name — Solyndra — as well as promising half the installation cost in one third of the time, enabling «grid parity» (that is, a price competitive with electricity from fossil fuel — fired power plants) at some imminent date for the first time in the history of solar power.
Technological innovations have dropped the price of wind and solar in some markets to be not only competitive with traditional fossil fuel power generation, but sometimes less expensive, said Malcolm Woolf, senior vice president of policy and government affairs for Advanced Energy Economy.
The low price and abundance of fossil fuels prevents a lot of companies from investing in the expensive trial and error process of researching new catalysts.
However, the number of photovoltaic cells needed for such devices mean it can not compete on price with fossil fuels, says Daniel Gamelin, a chemist at the University of Washington in Seattle.
The 72 - year - old has also been arrested five times in protests against the continued burning of fossil fuels or to demand that the United States put a price on carbon emissions.
But those barbs have been largely absent, perhaps in part because the price of gasoline is low, giving traditional Republican attacks around Democrats» fossil fuel policies less momentum, Taylor said.
Some want to emulate the success of the United States in bringing down energy prices via shale gas - a fossil fuel that can help cut greenhouse emissions if it replaces coal but at the same time can divert investments from cleaner energy.
Jiang Kejun, a researcher from the Energy Research Institute of the National Development and Reform Commission, said that power producers in China face difficulties in passing along their emissions costs to fossil fuel consumers, due to the country's fixed electricity prices.
Recent spikes in the price of uranium — perhaps due to renewed interest in nuclear power as an alternative to fossil fuels as global warming makes its presence felt — have led to a surge in applications for new uranium mining permits on otherwise protected federal lands.
In the meantime many contracts are being signed for electricity from solar energy at less than half the price of electricity from fossil fuels, even on an unsubsidized basis.
Combinations of high gas prices and significantly lower capital costs could make nuclear plants competitive with fossil fuel plants, but the bottom line is that in the current economic climate, commercial nuclear generation is not even close to being competitive with fossil - fueled plants and there is no easy path to a competitive market for new nuclear plants.
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.
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.
Fossil fuel prices, especially for oil, will continue upward because of increased demand and the difficulty in meeting that demand.
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.
But the price of oil never rose as was predicted, so the solar plant never became competitive with fossil fuel - based energy production (Carrizo sold its electricity to the local utility for between three and four cents a kilowatt - hour, while a minimum price of eight to ten cents a kilowatt - hour would be necessary in order for Carrizo to make a profit).»
Of course, in the long run, «all of the above» just leads to lower energy prices which leads to greater consumption of fossil fuelOf course, in the long run, «all of the above» just leads to lower energy prices which leads to greater consumption of fossil fuelof the above» just leads to lower energy prices which leads to greater consumption of fossil fuelof fossil fuels.
Fortunately, the relative added costs of today's renewable technologies are quite reasonable, especially if one factors in the subsidies that exist for fossil fuels and if we price carbon commensurate with the costs of its environmental damage.
Those pushing for a rising price (via a tax or cap) on emissions make the economic case that as long as the environmental costs of burning fossil fuels (or cutting forests) aren't reflected in the accounting calculations driving those activities, «burn baby burn» will remain business as usual.
He added: «I also think it is critical to make the argument that we'll be leaving the age of fossil fuels either intelligently by choice now or painfully by high prices and grim climate consequences in the coming decades.»
Even if you trim off the ends of the curve of squalor and overindulgence, you end up with a huge energy gap, which may already be what is helping drive up oil and coal prices (keep in mind most experts on fossil fuels I talk to see no signs of «peak coal» any time soon).
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.
One hazard is that the price of carbon could suddenly plummet — as it did in the European system in 2006 because of a glut of credits on the markets — prompting a swift return to burning more fossil fuels.
As the effects, the true costs of our current fossil fuel use will be felt to the greatest extent in the future, it seems reasonable to pay the price for those costs now, not leave the debt for future generations to pay with higher cancer rates and global temperatures.
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.
The collapse in the oil price to 12 - year lows and bankruptcies in the coal sector underscore the risk of «financial stranding» and signals that fossil fuel companies need to accept that they are ex-growth stocks and must urgently re-assess their business models accordingly.
If serious GHG reductions are to be achieved at all in this country, that goal must be accomplished through a centrally - coordinated effort managed by the EPA, one which simultaneously constrains the supply of carbon fuels and which raises their price, thus encouraging energy conservation and an eventual transition away from fossil fuels.
The oil price collapse, which follows a drop in global coal prices, shows that the global fossil fuel sector is presently one of the world's riskiest asset classes.
Because energy prices affect every single America, everyone has a stake in the issue of whether the government imposes additional restrictions on fossil - fuel use, including carbon pricing schemes such as those proposed by PRG.
Low fossil fuel prices tend to hurt the economic viability of low - carbon energy alternatives, and thus are generally regarded as a negative development in the fight against climate change.
«Along with new policies that spur competition in several other countries, this Chinese dynamic has led to record - low announced prices of solar PV and onshore wind, which are now comparable or even lower than new - built fossil fuel alternatives.
In particular, reducing domestic demand for fossil fuels would lower the price of those fuels in other countries, thereby increasing their use in those countrieIn particular, reducing domestic demand for fossil fuels would lower the price of those fuels in other countries, thereby increasing their use in those countriein other countries, thereby increasing their use in those countriein those countries.
... Because fossil - fuel power plants can not easily ramp down generation in response to excess supply on the grid, on sunny, windy days there is sometimes so much power in the system that the price goes negative — in other words, operators of large plants, most of which run on coal or natural gas, must pay commercial customers to consume electricity....
Saudi Arabia is the second largest country subsidizing end - use fossil fuel prices, providing 69 percent of its $ 71.3 billion in fossil fuel consumption subsidies to oil, 19 percent to electricity, and 12 percent to natural gas in 2014.
As I've explained, there are in effect many buyers and many sellers in CO2E pricing, even if there is a government - enforced standard of delivering equal share equitably to all sellers per capita as there are different carbon intensities of essentially the same energy: electricity need not be produced from fossil fuels, and where it is, the fossil fuels may be less carbon intensive natural gas, or enriched through geothermal or solar hydrotreating to become less carbon intensive, or the CO2 emissions can be directly sequestered or used in coproduction to reduce net influx of CO2.
Reblogged this on Climatism and commented: «In order to «encourage» SA's fossil fuel fleet into action, the grid manager was forced to pay a spot price of $ 5,077 per MWh...»
This demonstrates that there is significant waste in the treatment of fossil fuels that will disappear when a price signal for wasting the resource is sent to consumers; further, we know there are significant and readily available alternatives for energy to energy derived from burning carbon, and when the price is made clear and fair, the preference for these alternatives is amply illustrated in the Market; from these two effects we see that the Law of Supply and Demand is relevant to the pricing of CO2E, and not monopolistic pricing.
At the province's in - person climate change consultations it became clear that civil society was suspicious of the «Cap and Trade» carbon pricing mechanism that the fossil fuel industry generally prefers.
With the recent steep fall in oil prices and associated declines in other energy prices, the stars are aligned for adopting a carbon tax on consumption of fossil fuels, Lawrence Summers, a former treasury secretary and presidential adviser, says in the Washington Post.
This demonstrates that there is significant waste in the treatment of fossil fuels that will disappear when a price signal for wasting the resource is sent to consumers;
By some estimates, I - 732 would raise gasoline and electricity prices less than 15 percent by 2040 in Washington State — hardly enough to jumpstart an urgent, sweeping phase - out of fossil fuels.
With gasoline prices approaching $ 4 / gallon, fossil fuel shortages, unrest in oil producing regions around the globe and mainstream consumer adoption and adoption of the hybrid electric car (more than 140,000 Prius» sold this year), this story couldn't be more relevant or important.
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