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Showing posts with the label fossil fuels

Another neverending story: Does Fossil Fuel Divestment Make Sense?
(a status note)

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  reprint (by W. Scharnhorst ) Divestment of stocks in fossil fuel companies may seem like a good idea if the goal is to put financial pressure on conventional energy companies and thereby leave an opening for cleaner alternative fuels in the fight against climate change. The question is whether the strategy works. Certainly any company, whose core business is making money, is likely to take notice of any activity that affects its revenues. Yet many argue that a drop in investment in an energy company may not be the best way to get its attention, especially at a time when alternative energies are scarce and fossil fuels remain the dominant source of power . In other words, how many people today can afford to junk their gasoline-powered cars and invest in more expensive electric models? That’s exactly the point made by London Mayor Boris Johnson, a member of Britain’s Conservative Party who also harbors libertarian, if not liberal, political views. The Lond...

Renewables - Part I: Is Solar Energy Ready To Compete With Oil And Other Fossil Fuels?
- a status note -

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reprint The solar energy industry may prove to be a dark horse in the race to provide global energy security. The world has renewed its interest in solar energy investment as it searches for a cleaner and more sustainable alternative to conventional fossil fuels. Countries like China , Germany, the UK, the US, Japan and Canada have already made significant investments in solar power . Who are the other players who are investing big in solar energy? With its own set of limitations such as high installation costs and high plug-in time, are consumers across the world ready to choose solar energy to power their daily lives? Or, are the conventional energy sources still the best bet? The best part about solar energy is that it is abundant and freely available, at least in most parts of the world. However, the high upfront costs of a photo voltaic panel remain a concern for many. Things are changing fast, however, and according to data from SEIA, the cost of an average PV system i...

Energy Strategies in the Middle-East -
Focus Turkey

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► NEW : see all _kt75 | articles at a glance in the _news database   -- a _kt75 | reprint   Tweet Owing to its strategic geographical location, Turkey is a very important player in the energy security of Europe. Using this opportunity, Turkey has a cherished desire of becoming an energy hub. Turkey is open to let any pipeline through its own territory to achieve this goal. With this aim Turkey not only seeks to ensure its own energy security and receive revenue from pipeline projects as a transit country but also one may assume that such kind of strategy could allow Turkey to open an energy chapter in the European Union (EU) negotiations and accelerate accession to the EU. However, because of some realities such as the competing pipelines supported by Turkey, political instability in the Caspian region, South Caucasus and Middle East, and the importance of the interests of the great powers such as Russia and Iran Turkey should not only believe i...

Let's continue to talk about S...ustainability: IEA Energy Efficiency Market Report

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-- a _kt75 | reprint   Tweet Energy efficiency has been referred to as a “hidden fuel”, one that extends energy supplies, increases energy security, lowers carbon emissions and generally supports sustainable economic growth. Yet it is hiding in plain sight: In 2011, investments in the energy efficiency market globally were at a similar scale to those in renewable energy or fossil-fuel power generation. The IEA first Energy Efficiency Market Report provides a practical basis for understanding energy efficiency market activities, a review of the methodological and practical challenges associated with measuring the market and its components, and statistical analysis of energy efficiency and its impact on energy demand. It also highlights a specific technology sector in which there is significant energy efficiency market activity, in this instance appliances and information and communication technologies (ICT). The report also presents a selecti...

Back in Black: Fossil Fuels the Energy Carriers of the Future?

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-- a _kt75 | reprint supporting information: [ 1 ], [ 2 ], [ 3 ], [ 4 ], [ 5 ]   Tweet The global energy map is changing, with potentially far-reaching consequences for energy markets and trade. It is being redrawn by the resurgence in oil and gas production in the United States and could be further reshaped by a retreat from nuclear power in some countries, continued rapid growth in the use of wind and solar technologies and by the global spread of unconventional gas production. Perspectives for international oil markets hinge on Iraq’s success in revitalising its oil sector. If new policy initiatives are broadened and implemented in a concerted effort to improve global energy efficiency, this could likewise be a game-changer. On the basis of global scenarios and multiple case studies, this World Energy Outlook assesses how these new developments might affect global energy and climate trends over the coming decades. It examines their impact on the critical c...