Burning all known fossil fuels could push global temperature an average of 8C above preindustrial levels, with the Arctic bearing brunt of warming.
Tag: "fossil fuels"
It is hard to imagine a day when fossil fuels will be used sparingly. But with carbon now officially a liability, and renewables moving mainstream, chances are humanity can kick the habit much faster than previously thought possible.
With Labor promising half of Australia’s electricity will come from renewables in 2030, and the Coalition quick to reject carbon pricing again, it seems electricity prices are set to be a key point of contention in an Australian federal election yet again.
Having indulged in a carbon-rich period for the past two centuries, can humans make an orderly transition to a sustainable fossil-free future without sacrificing the high standards?
Study says transition from fossil fuels to renewables could take a fraction of the time of past major changes – if we do it right.
Australia’s largest superannuation fund – AustralianSuper will dump between $190m and $235m worth of fossil fuel stocks with new divestment options for customers.
Ex-CEO of Shell, says the energy transition presents great opportunities for oil and gas companies to develop new forms of energy and move away from fossil fuels.
E.ON is expecting that future profit, dividends and cash flows will continue to decline further due to the worsening conditions of the power sector.