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Tag: fossil fuels
Peak Fossil Fuels Is Closer Than You Think: BNEF
2013-04-24 11:49:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Every time an iPhone is charged or an episode of "Mad Men" plays on a television, puffs of vaporized carbon join the atmosphere, products of power-plant combustion. And every year the world demands more. That era may be nearing an end, as the world approaches peak fossil fuels, a phrased used by Bloomberg New Energy Finance founder Michael Liebreich at the groups annual conference. The concept of peak oil -- that world oil production will plateau and decline -- was popularized by a Shell...
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Fossil fuels and vested interests: a society in denial
2013-04-18 07:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The report released by Lord Stern and thinktank Carbon Tracker paints a picture of society in denial. It shows we're pumping almost $700bn (458bn) of hard-earned savings and pensions annually into finding new reserves of fossil fuels, even though it's clear that almost all of those reserves will have to be written off to provide a decent chance of keeping the planet safe. The ever-inflating "carbon bubble" is only part of the bigger picture, because most of the world's fuel around three-quarters...
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Carbon Capture Vital for EU as Fossil Fuels to Stay, Draft Shows
2013-03-13 08:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: The European Union will seek to promote the deployment of technology to capture carbon dioxide to attain its climate goals as fossil fuels are to remain a part of the blocs energy mix, according to a draft EU document. The price of carbon is too low to stimulate investment in carbon capture and storage, or CCS, and existing policy tools have so far failed to encourage the development of large-scale demonstration projects, according to the draft prepared by the European Commission, the EUs regulatory...
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Stop wasting fossil fuels by burning them
2013-01-28 14:31:00| Climate Ark Climate Change & Global Warming Newsfeed
Guardian: The penny had to drop eventually fossil fuels like coal might be more valuable if they were used to make medicines, chemicals and fertilisers rather than wasted by being burned. While we know that fossil fuels are used to make all sorts of everyday objects such as plastics, carbon fibre, soap, aspirins, solvents and dyes, it has never occurred to most of us how we will make these things when the coal, gas and oil run out. To help concentrate minds on the potential waste of resources, the...
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Will Germany banish fossil fuels before the U.S.?
2013-01-23 12:09:00| Climate Ark Climate Change & Global Warming Newsfeed
Grist: What would it take to transform the whole countrys electric grid - to shut down all of its old power plants, and move to a system that generates electricity exclusively from renewable resources? Well, thats exactly what Germanys trying to do - not decades from now ... but now. Correspondent Rick Karr reports on how German political parties of every stripe are now backing a plan that is expected to nearly end that countrys use of fossil fuels by 2050. Watch Germany`s green revolution on PBS....
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