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The Future(s) of Fossil Fuels

Mr. Sustainability

Fossil fuels, a vision of the future or something our children will see in history books? The energy markets, broadly taken to be fossil fuels and renewables, have seen significant changes over the past years. Projections range between 2020 up to 2040, but all outlooks seem certain of this event within the next years.

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For a livable future, 60% of oil and gas must stay in the ground

Grist

To achieve the goals of the Paris Agreement, countries will likely need to set hard limits on the extraction of fossil fuels in addition to supporting the deployment of clean energy. The researchers set out to estimate how much of the world’s fossil fuel reserves must remain in the ground in order to limit global warming to 1.5

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The Future(s) of Fossil Fuels - 2018

Mr. Sustainability

Population growth will plateau after 2030-2040, causing energy demand to stabilize and decline afterwards. The current overcapacity in the oil markets will ensure a lasting shift in fossil markets. Renewables are already ridiculously cheap, with the cheapest forms of solar energy already at less than half the price of fossil fuels.

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Green groups urge UN to raise climate ambition on global shipping

GreenBiz

Seasoned observers fear that growing calls for a bolder and more ambitious global policy framework are continuing to founder on the rocks of vested interests and short-term cost concerns. . It is not the job of the United Nations to protect vested fossil fuel interests," they wrote in a letter seen by BusinessGreen. "It

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A fossil fuel demand peak is fast approaching, but will it come soon enough?

Business Green

A new report from McKinsey predicts global fossil fuel demand 'will never return to its pre-pandemic growth curve', but warns the world is still on track to badly miss its climate goals. The oil industry has been particularly badly hit.

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'Incredibly risky': Campaigners urge policy-makers not to be seduced by unproven CCS

Business Green

Advocates of BECCS argue that by sourcing sustainable biomass feedstocks for power plants and then capturing the resulting emissions, the technology can deliver both reliable renewable power and negative emissions.

Policy 80
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Corporate Giants Promote Climate Action, But Work With Oil Lobbyists in State Capitols

DeSmogBlog

The research, conducted by the non-profit Global Energy Monitor and shared with DeSmog, found thousands of cases in which high-profile corporations engage in lobbying in state capitols, hiring the same lobbyists that do work for powerful fossil fuel companies. A future that does have humanity living in harmony with nature.”.