Although the burning of natural gas emits far less carbon dioxide than coal, a new study concludes that a greater reliance on natural gas would fail to significantly slow down climate change. The study by Tom Wigley, who is a senior research associate at the National Center (more…)
With demand for fossil fuels outpacing the growth of renewable energy technologies worldwide, the International Energy Agency suggests that fossil fuel subsidies worth $312 billion be realigned to develop cleaner alternatives.
The World Bank is planning to limit its funding for coal-fired power plants to the world’s poorest nations, bowing to pressure from environmental groups and governments that have criticized the bank’s record on funding fossil fuel projects, according to published reports.
Under proposed new regulations, the World (more…)
As President Barack Obama prepares to release his proposal for the next year’s budget this month, he is expected to call for eliminating $4 billion per year in subsidies to the oil industry. This is money that could be re-channeled into spurring clean energy development, reducing the deficit, and paying for basic government services during hard economic times. This common sense proposal should logically (more…)
Venezuela is not a country known overall for her renewable energy policy. The nation is an oil giant in the South American region and supplies a fairly large quantity of crude oil to the United States, and other countries, on a yearly basis. Considering the fact that the oil industry in Venezuela continues to promote the fossil fuel industry and the pollution of the lands and seas (more…)