fossil fuel use News

  • High-risk fossil fuel boom

    The most direct path to America's newest big oil and gas fields is U.S. Highway 12, two lanes of blacktop that unfold from Grays Harbor in Washington State and head east across the top of the country to Detroit. The 2,500-mile route has quickly become an essential supply line for the energy industry. With astonishing speed, U.S. oil companies, Canadian pipeline builders, and investors from all ...


    By GLOBE Foundation

  • Fossil Fuels` Free Ride Is Over

    A diverse group of investment bankers, energy executives, government officials and clean energy advocates has agreed that the environmental cost of producing energy should be factored into its price, and that Congress must develop energy policies that move away from fossil fuels. At the American Council On Renewable Energy's fourth annual conference, held in Washington last week, money managers ...

  • Fossils fuel demand still strong

    Fossil fuels may not be the long term energy solution our planet needs – they are inherently unsustainable as the supply is not infinite – but with cleaner technology employed at every step in extracting, processing and using them, it’s clear that they are a vital player in our short-to-medium term expectations, especially as global populations continue to rise and developing ...


    By Hobbs Valve

  • US focus on fossil fuels is out of touch with mainstream America

    Are those in Congress and the White House who embrace the agendas of coal, oil, gas, and nuclear industries in sync … or out of touch … with the mainstream of America? A new survey of 1,049 Americans conducted October 21-24, 2011 by ORC International for the nonprofit and nonpartisan Civil Society Institute (CSI) finds that most Americans - including an often large share of Tea ...


    By GLOBE Foundation

  • Estimating GHG emissions from the non-energy use of fossil fuels

    The quality of official greenhouse gas (GHG) emission inventories could be further improved if emissions from non-energy use of fossil fuels were accounted for in greater detail, according to new research. In the European Union, roughly six percent of fossil fuels are not consumed as an energy source but for so-called 'non-energy' purposes. Examples include the use of fossil fuels for the ...

  • Funding available for Cleaner Fossil Fuel Production

    The Alberta-based Climate Change and Emissions Management Corporation CCEMC is offering up to $50 million in funding for projects that can reduce emissions from fossil fuel production and processing. Initial submissions are due by September 27. "Alberta has a wealth of energy resources and we are striving to find innovative ways to reduce greenhouse gas emissions ...


    By GLOBE Foundation

  • US government focus on fossil fuels and nuclear is out of touch with mainstream America

    Are those in Congress and the White House who embrace the agendas of coal, oil, gas, and nuclear industries in sync … or out of touch … with the mainstream of America? A new survey of 1,049 Americans conducted October 21-24, 2011 by ORC International for the nonprofit and nonpartisan Civil Society Institute (CSI) finds that most Americans - including an often ...


    By GLOBE Foundation

  • Biggest economies still backing fossil fuels

    The governments of the world’s major industrialized countries, the G20 group, are providing more than US$450 billion a year to support the production of fossil fuels. That is almost four times the entire world’s subsidies to the rapidly growing renewable energy sector, as the International Energy Agency (IEA) estimates total global renewables subsidies in 2013 at ...


    By Climate News Network

  • IEA calls for end to fossil fuel subsidies

    The chief economist of the International Energy Agency (IEA) has urged the world to slash hundreds of billions of dollars of fossil fuel subsidies or face the prospect of a catastrophic 3.5 degrees Centigrade rise in global temperatures. "Today $409 billion equivalent of fossil fuels subsidies are in place which encourage developing countries - where the bulk of the energy demand and CO2 ...


    By GLOBE Foundation

  • Investment falters as fossil fuels face ‘perfect storm’

    The world’s investors – both big and small – think primarily in terms of making good returns on their money. And, over the years, investing in the fossil fuel industry has been considered a safe bet. Yet maybe, just maybe, attitudes are changing – and fairly profoundly – as financial analysts warn that the industry faces “a perfect storm” as it enters ...


    By Climate News Network

  • Renewed call for the removal of fossil-fuel subsidies

    A coalition of governments are calling for the phase-out of subsidies to fossil fuels in the lead-up to a major climate conference in Paris. A group of eight countries known as the Friends of Fossil Fuel Subsidy Reform released ...


    By GLOBE Foundation

  • Fossil fuel firms fail to report climate risks

    Fossil fuel companies operating in the UK are accused by a financial monitoring group of a “staggering” disregard for their obligation to acknowledge the risks which climate change poses to them and their investors. An alliance of non-governmental organisations says the situation is so serious that there should be intervention by the UK Financial Reporting ...


    By Climate News Network

  • Fossil fuel and renewable energy subsidies on the rise

    Total subsidies for renewable energy stood at $66 billion in 2010, but are still dwarfed by the total value of global fossil fuel subsidies estimated at between $775 billion and more than $1 trillion in 2012, according to new research conducted by the Worldwatch Institute (www.worldwatch.org) for its Vital Signs Online service. Although the total subsidies for renewable ...


    By Worldwatch Institute

  • Overcome Limitation Of Fossil Fuels With Briquetting Press Machine

    Increasing number of companies and vehicles has drastically increased the consumption of fossil fuel. The problem here is limited availability of these resources. Though nature has gifted us with these resources to get solution for our requirements, but these can be helpful only till the time used in proper way. Today people just look at meeting with their requirements and are least bothered ...


    By Jay Khodiyar Machine Tools

  • Fossil Fuels Dominate Primary Energy Consumption

    Coal, natural gas, and oil accounted for 87 percent of global primary energy consumption in 2012, as the growth of worldwide energy use continued to slow due to the economic downturn, according to a new Vital Signs Online trend released by the Worldwatch Institute (www.worldwatch.org). The relative weight of these energy sources keeps shifting, although only slightly. ...


    By Worldwatch Institute

  • Fossil fuels are now a bad bet, investors told

    Investors in fossil fuels are being warned that they may risk losing their money, because the markets for coal and liquefied natural gas are disappearing. In both cases it is competition from renewables, principally wind and solar power, that is being blamed for the threat. The cost of electricity from renewables continues to fall in Europe and Asia as the numbers of wind and solar ...


    By Climate News Network

  • Impact of Fossil Fuel Subsidies on Renewable Energy

    The $548 billion USD that is paid annually in fossil fuel subsidies around the world is preventing a crucial transition to renewable energy sources. This is according to a new report released today from the International Institute for Sustainable Development (IISD). ...


    By GLOBE Foundation

  • Renewables outperform fossil fuels in Chile tender

    Last week Chile’s National Energy Commission awarded contracts for the supply of 1,200 gigawatt hours of energy to unregulated customers in Chile. Thirty-one companies competed for the 20-year contracts, with wind and solar projects going head-to-head on price with coal generation plant. As the winners were announced the results threw up some significant game changers which echo a new and ...


    By Mainstream Renewable Power

  • Fossil fuel investments cost major funds billions

    Corporate Knights, together with 350.org and South Pole Group, has launched the Clean Capitalist Decarbonizer, an interactive tool that allows users to determine the financial impact of divesting from carbon heavy companies. ...


    By GLOBE Foundation

  • Fossil fuel divestment is a $5 trillion challenge

    Oil, gas and coal companies make up one of the world’s largest liquid asset classes, with a combined stock market valuation of nearly $5trn. In the past two years, dozens of public and private institutions have announced plans to divest their fossil fuel holdings because of environmental concerns, ethical investment strategies, or worries that assets might become “stranded” by ...


    By Bloomberg New Energy Finance

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