If taxes and fines proportional to the costs could be imposed, coal would lose some of its competitive advantages, and would be replaced more
rapidly by natural gas and then solar and wind.
Not exact matches
After the end of the Cold War, Russia's economy had been buoyed
by a
rapidly expanded international market for its vast
natural resources, most notably oil and
natural gas.
Analysts excited about the company's exposure to the
rapidly growing
natural gas sector were pumping up the stock, ignoring its low and declining return on invested capital (ROIC), significant write - downs indicating poor capital allocation, and the high expectations implied
by its stock price.
With Asia's
rapidly growing need for energy imports in the early 2000s, Canada hoped to reduce its almost 100 % reliance on the United States as an export market for oil and
natural gas by expanding to Asia.
Solar panels could produce electricity at the same price as coal - and
natural gas - burning power plants
by the end of this decade if countries direct resources at this
rapidly advancing corner of the energy industry, according to the Paris - based International Energy Agency.
This has happened in part because much of the Northeast relies on readily available hydropower from Canada and
rapidly expanding
natural -
gas - fired electricity generation made possible
by cheap
natural gas from newly exploited shale deposits in Pennsylvania.
«Alex Epstein's book The Moral Case for Fossil Fuels documents the
rapidly shrinking number of human beings killed
by storms, floods and other climate events thanks largely to ever - growing industry, fueled mainly
by oil,
natural gas and coal,» says Stossel.
Permian Basin oil production is booming, but the growth rate is being threatened
by rapidly growing volumes of associated
natural gas.
During the mid-2000s, the generating mix changed
rapidly, driven largely
by the rise in
natural gas produced
by horizontal drilling and hydraulic fracturing.