Sentences with phrase «world fueled an investment»

Economic contraction in the U.S. and Europe in the early and mid 1970s did not lead immediately to economic contraction in what were then known as LDCs, largely because the massive recycling of petrodollar surpluses into the developing world fueled an investment boom (and also fueled talk about how for the first time in history the LDCs were immune from rich - country recessions).

Not exact matches

Behind Germany and ahead of some of the oil producers, it runs the largest current account surplus in the world, which means that it is exporting its excess savings in a world that has nowhere to put the money, and so the world must respond either with speculative asset bubbles, unproductive investment, debt - fueled consumption binges or unemployment.
Strong economies and societies around the world help fuel the growth of our business, while integrity, trust and responsibility are essential to our continued success as a premier global investment management organization.
What the world badly needs is credit expansion to fuel new investment that raises productivity, and for that productivity gain to flow through to higher wages and household spending.
The European Investment Bank's new criteria on coal lending — tied to specified limits on fossil fuel power plant emissions — have been criticized as being too generous to polluters, while the U.S. Ex-Im Bank continues to back coal - fired power stations in many parts of the world.
We're going to low carbon but we think all the fuels, with enough investment, are going to have a place in that low - carbon world.
This has been accompanied, and in part fueled, by demand in the world's leading financial centers for well trained quantitative graduates to work in derivatives, risk management, and investment management functions.
Coming back to the problems with the study's methodology, perhaps the study's biggest failing is that it considers only the dollar value of subsidies to fossil fuel producers — not their real - world impact on fossil fuel production and investment decision - making.
Yet many countries are still boosting investments in fossil fuel - fired power plants, a move that will «commit» the world to massive quantities of heat - trapping greenhouse gases, a new study says.
The World Energy Outlook 2016, released last week, is just one among an increasing line of studies showing how nations need to slow and, ultimately, phase out investment in new fossil fuel supply infrastructure — from oil fields and pipelines to coal mines — if they are serious about keeping warming to 2C or less.
A new report shows how multilateral development banks, including the World Bank, gave over $ 9 billion in funding for fossil fuel projects in 2016, nearly all of it following the Paris Agreement being reached and despite claims that they were acting on climate and adjusting their investment strategies.
Strong economies and societies around the world help fuel the growth of our business, while integrity, trust and responsibility are essential to our continued success as a premier global investment management organization.
The World ex USA SRI ex Fossil Fuels Index is comprised of the common stocks of the companies in the MSCI World ex USA SRI Index (the World ex USA SRI Index), minus the stocks of the companies that explore for, extract, produce, manufacture or refine coal, oil or gas or produce or transmit electricity derived from fossil fuels or transmit natural gas or have carbon reserves included in the World ex USA SRI (Socially Responsible Investment) IFuels Index is comprised of the common stocks of the companies in the MSCI World ex USA SRI Index (the World ex USA SRI Index), minus the stocks of the companies that explore for, extract, produce, manufacture or refine coal, oil or gas or produce or transmit electricity derived from fossil fuels or transmit natural gas or have carbon reserves included in the World ex USA SRI (Socially Responsible Investment) Ifuels or transmit natural gas or have carbon reserves included in the World ex USA SRI (Socially Responsible Investment) Index.
While institutions ranging from the Rockefeller Foundation to the World Council of Churches have been rethinking their investments in fossil fuels of late, I'd hazard a guess that many of us ordinary citizens have not put as much thought into our own savings and pensions.
(04/22/2013) The world could be heading for a major economic crisis as stock markets inflate an investment bubble in fossil fuels to the tune of trillions of dollars, according to leading economists.
As in past editions, this year's World Energy Outlook presents an exhaustive set of historical data and projections covering demand, supply, trade, investment and CO2 emissions for all fuels for 20 major world regions and countWorld Energy Outlook presents an exhaustive set of historical data and projections covering demand, supply, trade, investment and CO2 emissions for all fuels for 20 major world regions and countworld regions and countries.
Sewage treatment and managed releases remedied the situation back then, and similar infrastructure investments could likely alleviate the excrement - fueled dead zones of the modern world.
Carbon Tracker compared demand for fossil fuels in a 1.75 C world — the mid-point of the Paris Agreement — with demand in a 2.7 C world, looking at oil, gas and coal production to 2035 and capital investment to 2025.
The company, which describes itself as «the world's largest private - sector coal company and the only global pure - play coal investment», claims that it fuels approximately 10 % of the electricity generated in the United States and 2 % of electricity generated throughout the world.
«Climate action plans from across the world collectively send the message that fossil fuels are no longer blue chip investments
The world could be heading for a major economic crisis as stock markets inflate an investment bubble in fossil fuels to the tune of trillions of dollars, according to leading economists.
«Diversifying away now from fossil fuels, including oil and gas which face an uncertain future, reduces risks in its investment portfolio whilst allowing growing exposure to renewables — one of the fastest growing business sectors in the world
Yes, the investment required to do so would be massive, but if there's equally massive profits to be made supplying a fuel - starved world I'm pretty confident the market can do so.
Our investments in additional natural gas production during the past decade were driven in part by a recognition of the value and benefits of this fuel source in an increasingly carbon - constrained world.
• Stipulate that the World Bank - initiated infrastructure investment tax exemptions and government - provided guarantees and financing do not apply to any fossil fuel projects.
Kim defended World Bank policies that permit investments in fossil fuels in developing nations in rare cases, saying it was often for power plants to supply electricity vital to help end poverty.
All the spin in the world can't cover up that the European Commission is attempting to push through large scale investment in fossil fuel infrastructure at taxpayers» expense.
Tillerson has also overseen an expansion of Exxon's investment in developing Alberta's tar sands, some of the most carbon - heavy fuel in the world.
Scientists say the world is already behind the needed trajectory of emissions reduction to meet the Paris goal, and investments in more fossil fuel assets — scheduled to be in service for up to 40 years — could commit the world to see the most catastrophic consequences of climate change if they are not retired early.
The six major multilateral development banks (MDBs) studied — the World Bank Group, the European Investment Bank, the European Bank for Reconstruction and Development, the Asian Development Bank, the African Development Bank, and the Inter-American Development Bank — continue to provide substantial support for fossil fuels, despite strongly - worded promises to fight climate change.
Our owners made a $ 1 billion investment in Best Available Control Technology (BACT) to create the cleanest coal - fueled power plant in Illinois — and one of the cleanest in the world.
It would have two parts: (1) a review of the poorly understood outcome of the Paris Agreement — examined here and here and (2) a comprehensive overview of the massive investments in fossil fuel plant being implemented throughout the world.
«As the world's greatest purchasers and users of energy, business and industries are best positioned to lead the shift from fossil fuel to renewables and reach the ambitions set out in the Paris Agreement», said Jeanett Bergan, Head of Responsible Investments at KLP.
If the world moves towards low - carbon energy, as it should — and the big integrated fossil fuel companies fail to adapt — then divesting from oil, gas and coal investments could turn out to be smart business, as well as a good, albeit symbolic, politics.
Individuals may take action, and call on world leaders to divest from fossil fuel investments by joining the «Fossil Free» and «Stop Funding Fossils» movements online.
Individuals may take action, and call on world leaders to divest from fossil fuel investments by joining the `
Civil society is not alone in making this point, just last week, 100 economists from around the world signed the Declaration on Climate Finance, calling for an immediate end to investment in fossil fuel production and infrastructure.
In 2012, Bills article «Do the Math» for Rolling Stone magazine became one of the most read articles in the magazine's history and changed the way the world thought about investment in fossil fuels.
Here's how this could happen: Without Renewable Alternatives, Liquid Coal Could Win the Day As world oil reserves begin critically depleting and the necessary investments aren't made to electrify the world's transportation fleet and a larger switch to renewable energy made, then it is likely that use of coal - to - liquids fuels (which have 40 % higher emissions than oil) will rise.
Solar and wind now supply 11 % of the world's electricity and investment in renewables was double that of fossil fuels for the fifth consecutive year.
In both instances, the study authors say the world will still need trillions of dollars of investment in fossil fuels to meet its energy needs over the next two decades.
That would also include institutional initiatives such as carbon taxes or permitting plans, policies of divestment from fossil fuel investments, direct political pressure, and the ending of fossil fuel subsidies around the world.
In effect, the industry created a self - fulfilling prophecy: The absence of carbon regulation would ensure that fossil fuels would continue to be a good investment, and the companies would maximize profits for their shareholders to the detriment of the world at large by continuing to expand fossil fuel discovery and development.
Significantly, this remarkable projection about the future of electricity is simply what the IEA believes is now going to happen given the pledges made in Paris by the world's leading countries to rapidly expand renewable energy investment while restraining and, in many cases, reducing carbon pollution from fossil fuels through 2030.
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