Sentences with phrase «worldwide oil reserves»
They also possess approximately two - thirds of worldwide oil reserves.
https://www.creditdonkey.com/ Not exact matches
Even after decades of increasingly dire warnings, the US has still not passed comprehensive federal legislation to combat global warming; Canada has abandoned past pledges in order to exploit its emissions - heavy tar sands; China continues to depend on coal for its energy production; Indonesia's effort to stem widespread deforestation is facing stiff resistance from industry; Europe is mulling pulling back on its more ambitious cuts if other nations do not join it; northern nations are scrambling to exploit the melting Arctic for untapped oil and gas reserves; and fossil fuels continue to be subsidized worldwide to the tune of $ 400 billion.
Unfortunately, the worldwide reserves of oil, gas and coal are limited.
Anyway, like I said below in greater detail, the oil & gas industry has 16 years (2030 + / --RRB- to get 80 % (+ / --RRB- of its known reserves out of the ground before the mass adoption of increasingly - stringent renewable energy targets worldwide will render whatever remains in the ground increasingly worthless, and those renewable energy targets will become more - stringent the worse that ongoing climate change presents itself.
Anyway, like I said, the oil & gas industry has 16 years (+ / --RRB- to get 70 - 80 % of its known reserves out of the ground before the mass adoption of increasingly - stringent renewable energy targets worldwide will render whatever remains in the ground increasingly worthless, and those renewable energy targets will become more - stringent the worse that ongoing climate change presents itself.
Today's paper compares this allowable carbon budget with scientists» best estimate of how much oil, gas and coal exist worldwide in economically recoverable form, known as «reserves».