Sentences with phrase «unconventional fossil fuel production»

Immediately repeal existing tax breaks for fossil fuel exploration and production, and halt efforts to extend and expand tax credits for unconventional fossil fuel production technologies, like carbon capture and storage and enhanced oil recovery.

Not exact matches

Eliminate (100 %) all unsustainable tax incentives: Tax exemptions, subsidies, regulatory frameworks and other incentives are redirected towards sustainable, knowledge and employment - intensive sectors and local sustainable value chains and away from unsustainable activities, including industrial fisheries, forestry and agriculture, risky and otherwise unsustainable forms of energy production like fossil fuels, nuclear energy, unconventional energy production / franking and industrial bioenergy, extractive industries and chemical industry

Since the peak of crude oil production a decade ago, the fossil fuel industry has been forced to resort to costly and unconventional methods of extraction — arctic drilling and shale gas fracking among them — giving rise to unprecedented economic and environmental hazards.

Contributions are sought on (1) what unconventional sources mean for the theory of peak oil; (2) what an explosion of new fossil fuel emissions might mean for global climate change; and (3) what geological, economic, or policy forces might limit fossil fuel production.

The draft of the law states that exploration as well as production of «unconventional fossil fuels» is forbidden.

Gilles, It is by no means clear what unconventional sources of fossil fuel will cost to extract once production ramps up.