Tag "fossil fuels"

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World petrol demand ‘likely to peak by 2030 as electric car sales rise’

World petrol demand will peak within 13 years thanks to the impact of electric cars and more efficient engines, energy experts have predicted. UK-based Wood Mackenzie said it expected the take-up of electric vehicles to cut gasoline demand significantly, particularly

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Renewable energy use in Europe, America and the world

The current climate crisis is one of the gravest dangers to our planet as we know it. Sea levels are rising higher and higher each year. Temperatures are hotter than ever before. Glaciers have shrunk to record levels. For our

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For the first time in history, energy demand will peak

When a company like DNV GL makes projections of our energy future, this carries some weight. The company employs some 3400 energy experts, who are active across the entire energy value chain, from generation, transmission and distribution to sustainable use,

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Young people don’t want to work for oil companies

Sixty-two percent of teens ages 16 to 19 say a career in oil and gas is unappealing, according to a survey of 1,200 young Americans that was released by Ernst & Young. That includes 39% who say the industry is

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World’s biggest coal company closes 37 mines as solar power’s influence grows

The largest coal mining company in the world has announced it will close 37 mines because they are no longer economically viable. Coal India, which produces around 82 per cent of India’s coal, said the mines would be decommissioned by

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Talk is cheap: how G20 governments are financing climate disaster

The best available science shows an urgent need to keep global temperature increases below 1.5°C to avoid severe disruptions to people and ecosystems. Recent analysis shows that burning the reserves in already operating oil and gas fields alone, even if

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Saving lives and money: the potential of solar to replace coal

By swapping solar photovoltaics for coal, the US could prevent 51,999 premature deaths a year, potentially making as much as $2.5 million for each life saved. In a new study published in Renewable & Sustainable Energy Reviews, a team from

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Renewables will kill coal faster than you think

Solar power, once so costly it only made economic sense in spaceships, is becoming cheap enough that it will push coal and even natural-gas plants out of business faster than previously forecast. That’s the conclusion of a Bloomberg New Energy

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Solar to attract more investment than coal, gas and nuclear combined this year

A new report by analyst firm Frost & Sullivan projects that in 2017 solar PV will attract more investment than coal, gas and nuclear power combined. The report, titled the Global Power Industry Outlook 2017, examines power market trends, including

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Philippine islands can save $200 million with renewables

The Institute for Energy Economics and Financial Analysis published a report outlining how small islands in the Philippines can effectively replace outdated, diesel-fuel electricity-generation systems with solar- and wind-powered grids. The report — “Electricity-Sector Opportunity in the Philippines – The

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