fossil energy resource News

  • 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 SERIES

  • 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

  • President Requests $711.0 Million for Fossil Energy Programs

    President Obama’s FY 2015 budget seeks $711.0 million for the Office of Fossil Energy (FE) to advance technologies related to the reliable, efficient, affordable and environmentally sound use of fossil fuels as well as manage the Strategic Petroleum Reserve and Northeast Home Heating oil Reserve to provide strategic and economic security against disruptions in U.S. oil supplies. The request ...


    By US Department of Energy

  • Report: Fossile Energy Will Cost Double Renewable By 2030

    A commonly repeated mantra is that renewable energy technologies are too expensive, or require high investments. Which suggests that the alternative to renewable energy – the current fossil-based energy infrastructure - is cheaper, or requires less investments. But does that view hold true? A look at global energy cost developments shows – Fossil ...


    By SolaVis

  • 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

  • President Requests $842.1 Million for Fossil Energy Programs

    President Obama’s FY 2016 budget seeks $842.1 million for the Office of Fossil Energy (FE) to advance technologies related to the reliable, efficient, affordable and environmentally sound use of fossil fuels, implement ongoing federal responsibilities at the Naval Petroleum and Oil Shale Reserves, and manage the Strategic Petroleum Reserve, Northeast Gasoline Supply Reserve and Northeast ...


    By US Department of Energy

  • Energy Department advances research on methane hydrates – the world’s largest untapped fossil energy resource

    The Energy Department today announced the selection of 14 new research projects across 11 states that will be a part of an expanding portfolio of projects designed to increase our understanding of methane hydrates’ potential as a future energy supply. Methane hydrates are 3D ice-lattice structures with natural gas locked inside, and are found both onshore and offshore – including ...


    By US Department of Energy

  • Department of Energy Releases $8 Billion Solicitation for Advanced Fossil Energy Projects

    As part of President Obama’s Climate Action Plan, the Energy Department published a solicitation on December 12, making up to $8 billion in loan guarantee ...


    By US Department of Energy

  • Society faces `grim` post-fossil fuel energy crisis, report warns

    Industrial society cannot be maintained at present levels in a future where renewable resources take over from fossil fuels, according to the report by two leading California-based think tanks. Jerry Mander, founder of the International Forum on Globalisation, which published the report this month, writes in the foreword: 'With fossil fuels fast disappearing, and their continuing supplies ...


    By GLOBE SERIES

  • Historically Black Colleges and Universities Receive Funds for Fossil Energy Research

    Five fossil energy-related projects that will help maintain the nation’s energy portfolio while also providing educational and research training opportunities for tomorrow's scientists and engineers have been selected for funding by the U.S. Department of Energy (DOE). The funding opportunity to enhance scientific and technical understanding of conversion and utilization of fossil fuels is ...


    By US Department of Energy

  • President requests US$760.4 million for fossil energy programs

    President Obama’s FY 2011 budget seeks $760.4 million for the Office of Fossil Energy (FE) to support improved energy security and rapid development of climate-oriented technology. The request includes $586.6 million for Fossil Energy Research and Development, $138.9 million for the Strategic Petroleum Reserve, $11.3 million for the Northeast Heating Oil Reserve and $23.6 million for the Naval ...


    By US Department of Energy

  • Fossil Energy Announces New DAS for Clean Coal and Carbon Management

    The Department of Energy’s Office of Fossil Energy today announced the appointment of David Mohler as Deputy Assistant Secretary for Clean Coal and Carbon Management. Mohler will bring to the Department extensive operational experience in nuclear and fossil energy power generation. He most recently served as senior vice president and chief technology officer for Duke Energy. In 2006, he led ...


    By US Department of Energy

  • Funds Awarded to Historically Black Colleges and Universities for Fossil Energy Research

    The U.S. Department of Energy (DOE) has selected four research projects that will provide educational and research training opportunities for minority students while advancing key technical areas in fossil fuel utilization. The annual funding opportunity titled Support of Advanced Fossil Resource Utilization Research by Historically Black Colleges and Universities and Other Minority Institutions ...


    By US Department of Energy

  • Renewable energy now cheaper than new fossil fuels in Australia

    Unsubsidized renewable energy is now cheaper than electricity from new-build coal- and gas-fired power stations in Australia, according to new analysis from research firm Bloomberg New Energy Finance. This new ranking of Australia's energy resources is the product of BNEF's Sydney analysis team, which comprehensively modelled the cost of generating electricity in Australia from different sources. ...


    By GLOBE SERIES

  • Renewables can out-compete fossil fuels - study

    Dramatic falls in cost are making renewable energy increasingly competitive with fossil fuels in countries across the world according to the International Renewable Energy Agency (IRENA). Solar energy, for example, has already become cheaper than diesel generation in many situations, with clear benefits for communities far away from the electricity grid. Even so, renewable energy deployment ...


    By GLOBE SERIES

  • 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

  • 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 SERIES

  • 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 SERIES

  • Climate meeting to discuss future of fossil fuels

    After concluding that global warming almost certainly is man-made and poses a grave threat to humanity, the U.N.-sponsored expert panel on climate change is moving on to the next phase: what to do about it. The Intergovernmental Panel on Climate Change, or IPCC, will meet next week in Berlin to chart ways in which the world can curb the greenhouse gas emissions that scientists say are overheating ...


    By Associated Press

  • Fossil Fuel Development in the Arctic is a Bad Investment

    By Emily E. Adams Even master chess players can miss a great move when they have been primed to look for a different one. To explore this phenomenon, researchers tracked master chess players’ eye movements when given chessboards with different layouts. With the first board, players could reach checkmate using a familiar move. When given the second chessboard, the players' eyes kept looking ...


    By Earth Policy Institute

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