reduce fossil fuel use News

  • 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 ...

  • Honeywell and Hawaiian Electric to use Demand Response to Integrate Renewables and Reduce Fossil Fuel Dependence

    Honeywell (NYSE: HON) today announced a pilot program with Hawaiian Electric Co. in Honolulu to demonstrate how demand response technology can help integrate more intermittent renewable energy to the electric grid. During the two-year pilot, the utility will connect with commercial and industrial ...


    By Honeywell

  • 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

  • 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

  • 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

  • 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

  • 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

  • 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

  • Exxon: Highly unlikely world limits fossil fuels

    On the same day the world's scientists issued their latest report on climate change and the risks it poses to society, the nation's biggest oil and gas company said the world's climate policies are "highly unlikely" to stop it from selling fossil fuels far into the future. Exxon Mobil issued a report Monday on the risks that climate change ...


    By Associated Press

  • 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

  • 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

  • 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

  • Denmark to become fossil fuel-free by 2050

    According to the Danish climate commission, Denmark could become fossil fuel-free by 2050, at a net cost of just US$2.95 billion. The report that sets the fossil fuel free goal makes the case for investing an amount equivalent to 0.5% of the country's annual GDP in renewable energy. The climate commission claims that prices of fossil fuels will rise over the next four decades, while renewables ...


    By GLOBE Foundation

  • Renewable energy will grow - but fossil fuels will still dominate

    World marketed energy consumption grows 49 percent between 2007 and 2035, driven by economic growth in the developing nations of the world, according to the Reference case projection from the International Energy Outlook 2010 (IEO2010) released today by the U.S. Energy Information Administration (EIA). The global economic recession that began in 2007 and continued into 2009 has had a profound ...


    By GLOBE Foundation

  • Daimer Releases Pressure Washers Emitting No Fossil Fuels

    Daimer Industries, Inc.®, the leading name in advanced pressure washer machines to over 200 countries, is helping the environment by introducing a system that will not contribute to global warming. The company has launched a powerful and reliable commercial pressure washer system with zero emission of ozone-depleting fuels that lead to greenhouse gases. ...


    By Daimer Industries Inc.

  • Fossil fuels have to be reduced by 50% until 2035 to reach the global climate targets

    The WBA board, during its meeting in Nairobi, discussed the results of the G7 summit on the future of renewable energy. The target towards a fossil free economy in this century gives an important signal to the renewable energy industry like bioenergy. Now a global road map is needed toward this target with clear milestones that correspond to the IPCC findings on climate mitigation. As president ...

  • OECD and IEA recommend reforming fossil-fuel subsidies to improve the economy and the environment

    Governments and taxpayers spent about half a trillion dollars last year supporting the production and consumption of fossil fuels. Removing inefficient subsidies would raise national revenues and reduce greenhouse-gas emissions, according to OECD and IEA analyses. The G-20 Leaders in 2009 agreed to phase out subsidies that "encourage wasteful consumption, reduce our energy security, impede ...


    By International Energy Agency

  • Heinz Awards $250K to Build the Post-Fossil Fuel World

    SOURCE: CSRHub DESCRIPTION:By Carol Pierson Holding Last week, KC Golden, Policy Director at Seattle-based Climate ...


    By 3BL Media

  • World subsidies for fossil fuels 5x larger than for renewables

    Something is wrong in the world of energy subsidies. According to statistics gathered by the International Energy Agency (IEA) the worldwide subsidies to fossil fuel consumption in 2009 amounted to no less than 300 billion USD, while at the same time the global support for renewables was almost 60 billion USD. This means that global government spending on promoting fossil fuels was five times ...


    By Elmia AB

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