fossil fuel emissions 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 ...

  • Member state biofuel plans will cause higher emissions than fossil fuels

    The use of biofuels in EU transport will emit between 81% and 167% more greenhouse gases than fossil fuels and require an area twice the size of Belgium in new land to grow biofuel crops. That is the latest evidence concerning the environmental impact of biofuels, which was published earlier this month. As the findings are based on EU member states’ plans for increasing use of biofuels and ...

  • 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

  • Committee advises government on approach to fossil fuel generation

    The Committee has advised Secretary of State for Energy and Climate Change, Chris Huhne, to consider extending the Carbon Capture and Storage (CCS) competition to include gas as well as coal demonstration projects, and to consider extending the proposed Emissions Performance Standard to cover new gas plant added to the system from 2020.  The ...

  • 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 SERIES

  • 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

  • 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

  • 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

  • Prices fail to reflect fossil fuels` real costs

    Forget the price of petrol at the pumps. The true cost of any fossil fuel is much greater if social costs are factored in, according to new research. A climate scientist in the US reports in Climatic Change journal that American motorists get a gallon of gasoline for at least $3.80 less than it really costs, and the price of ...


    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 SERIES

  • 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 SERIES

  • 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 fuel CO2 emissions up by 29 per cent since 2000, new testing confirms

    The strongest evidence yet that the rise in atmospheric CO2 emissions continues to outstrip the ability of the world’s natural ‘sinks’ to absorb carbon is published this week in the journal Nature Geoscience. An international team of researchers under the umbrella of the Global Carbon Project reports that over the last 50 years the average fraction of global CO2 emissions that remained in the ...

  • 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

  • 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 SERIES

  • St. Croix Fossil Fuel Power Plant to Comply with Clean Air Act

    Under a legal agreement announced today by the U.S Environmental Protection Agency and the U.S. Department of Justice, the Virgin Islands Water and Power Authority (VIWAPA) will come into compliance with air pollution control requirements in the federal Clean Air Act at its Estate Richmond Generating Facility on St. Croix, U.S. Virgin Islands. These air pollution controls will reduce emissions of ...

  • Fossil Fuel Subsidies Hamper Pathway to Inclusive Green Economy, Experts Say

    Fossil fuel subsidies are contributing to fiscal instability and undermining governments' efforts to combat serious economic and environmental challenges, such as climate change, and the transition to an inclusive green economy, according to experts. "Reforming Fossil Fuel Subsidies for an Inclusive Green Economy" is the theme of the two-day event co-organized by UNEP, IMF, GIZ and the ...

  • EU takes important step towards cleaner fossil fuels

    T&E has welcomed a European Commission decision to promote cleaner sources of fossil fuels for transport. Article 7a of the Fuel Quality Directive adopted in 2009 set a binding target to cut CO2 emissions from transport fuel production by 6% by 2020. The Commission’s original plan to introduce a specific CO2 rating for fuels produced from polluting tar sands looked set to be dropped ...

  • End fossil fuel subsidies now, says OECD and IEA

    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 GLOBE SERIES

  • Closing the $70 Billion Climate Finance Gap – End Fossil Fuel Subsidies

    The world’s developed countries have committed to mobilize $100 billion a year by 2020, from public and private sources, to help developing countries adapt to the impacts of climate change and reduce their emissions. The latest accounting of climate finance shows there is a gap of about $70 billion. Closing that gap is critical to building the trust necessary to ...


    By GLOBE SERIES

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