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Fossil fuel investments will continue to outstrip low-carbon alternatives this year, darkening a sector struggling to shake off the financial crisis and sagging political momentum on climate change.
A new path to a low-carbon economy
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NEW YORK – The solution to manmade climate change depends on the transition to electricity production that, unlike burning oil, natural gas, and coal, emits little or no carbon dioxide – the main greenhouse gas responsible for global warming. Low-carbon electricity can be produced by solar, nuclear, and wind energy, or by coal-burning power plants that capture and store their CO2 emissions.
‘No rise’ for business electricity costs with low-carbon alternatives
Replacing the current energy infrastructure in Europe with low-carbon alternatives should not result in a rise in business electricity costs, it has been claimed.
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Republican Senator: An Energy Bill Without Carbon Regulation Would Be “Half-Assed”
How can the energy market scale up technologies that don’t pump copious quantities of carbon dioxide into the atmosphere?
Put a price on carbon that sends those markets a price signal that burning carbon-rich fuels, including coal and oil, have economic,
Global lessons on building a low-carbon economy
At the recent Copenhagen summit, Canada resisted aggressive targets for tackling climate change. Underlying the Canadian government’s position was a view that significantly reducing greenhouse gas emissions will cost too much: that protecting the environment means sacrificing the economy.
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