Tags » Fossil Fuel

Thinking about oil

Today’s energy supply is equivalent – in energy terms – to 22 billion slaves working around the clock. We’re living with this enormous stock of slaves working for us – in the form of oil – but by the end of this century, there aren’t any more of them. 610 more words

Oil

End Energy Subsidies

By Chris Edwards – Re-Blogged From http://www.downsizinggovernment.org

The energy industry has been heavily regulated and subsidized by the federal government for decades. The Department of Energy’s array of subsidy programs grew out of atomic research efforts of the 1950s, responses to the energy crisis of the 1970s, and concerns about conservation and global warming in recent decades. 1,992 more words

GDP & Employment

Umped

“Carbon reserves were becoming more concentrated at the top as fossil fuel companies struggling with slumps in coal and oil markets merged. … Investors who dumped their fossil fuel holdings over the past five years actually earned 1.2% a year more than those remaining in coal, oil and gas.” ( 23 more words

World Bank fossil fuel financing leapt in 2014 despite its calls to end subsidies

The World Bank increased its financing for fossil fuel projects in the last financial year, according to a new analysis, despite repeated calls by its president to end the global subsidies for oil, coal and gas. 551 more words

Politics

Coaly Hell

“Gore and Blood said the impact of coal’s combustion on the climate and the air pollution it generates were already responsible for devastating the lives the industry claims to have improved.” ( 14 more words

ShareAction comes to Italy

ShareAction is one of the most active players in Europe when it comes to engagement. In other words, #Sriactivism. Mondosri already talked about it. No doubt it will happen again. 840 more words

Divestment

The other day, the electric meter for all of Germany ran backwards for 8 hours!

Germany’s electricity traders may face busy weekends as sunny weather positions the nation for a season of solar power records.

After Wednesday’s all-time high of 27.7 gigawatts, Europe’s biggest electricity market is poised for new highs in the next few days or weeks, according to group meteorologist Marcus Boljahn at MeteoGroup.

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Earth