Fossil Fuels

Fossil-fuel consumption subsidies are down, but not out – IEA

Uncategorized

Phasing out subsidies means a better allocation of resources across the energy system By Toshiyuki Shirai and Zakia Adam, International Energy Agency Getting energy prices right is critical for sound policymaking. But because of government energy subsidies prices that consumers pay in many countries are often well below their real market value, let alone the price that would […]

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60% of Canadian business energy research and development spent on fossil fuels

Innovation

In-house R&D spending on to non-emitting and renewable energy declined from $644 million in 2014 to $492 million in 2015 Research and development spending on fossil fuels accounts for more than half of energy research and development by businesses, according to the latest data released by Statistics Canada. In 2015, $1.6 billion of in-house research and development (R&D) expenditures in Canada were directed to

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Canadian fossil fuel use peaks in 2019, but not in Alberta until 2037 – NEB study

Canada

Alberta fossil fuel use driven by 2.1MM b/d jump in crude oil output from 2016 to 2040, high economic growth The National Energy Board recently released its Energy Future 2017 report (EF2017) that forecasts Canadian fossil-fuel demand could peak in 2019, then plateau until 2040. A follow up study shows that the trend looks quite different across

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Universal energy access by 2030 within reach – IEA

News

2.3 billion people will remain without clean cooking access in 2030 A new and detailed analysis from the International Energy Agency finds that the most cost-effective strategy for providing universal access to electricity and clean-cooking facilities in developing countries is compatible with meeting global climate goals, and prevents millions of premature deaths each year. It

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Buffett’s Berkshire Hathaway rejects fossil fuel proposal, shareholder says

Energy Financial

Berkshire Hathaway urged to sell investments in Phillips 66, other fossil fuels companies By Jonathan Stempel Feb 28 (Reuters) – Warren Buffett’s Berkshire Hathaway Inc will urge shareholders to reject a proposal by a Nebraska nonprofit that it sell its investments in oil refiner Phillips 66 and other companies involved in fossil fuels over 12 years,

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Crack it! Energy from a fossil fuel without carbon dioxide

Innovation

Hydrogen (H2) and carbon (C), can be separated in a process called ‘methane cracking’ The production of energy from natural gas without generating carbon dioxide emissions could fast become a reality, thanks to a novel technology developed by researchers of the Institute for Advanced Sustainability Studies (IASS) in Potsdam and the Karlsruhe Institute of Technology

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The sad tale of George Monbiot and climate ‘journalism’ gone horribly wrong

Markham on Energy

The energy transition has begun. Resistance is futile. So is half-baked carping by climate journalists Last month, influential British journalist George Monbiot published a criticism of the media’s role in the global “climate crisis” that illustrates why climate radicals should just shut up already. Monbiot – and the salon-bred intellectuals like him who populate the environmental movement

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