Cheap oil is blocking progress on climate change
The relationship between supply and demand, a fundamental economic concept, holds that when the price of something rises, people use less of it. Similarly, when prices fall, they use more.
The relationship between supply and demand, a fundamental economic concept, holds that when the price of something rises, people use less of it. Similarly, when prices fall, they use more.
Environment
Dec 12, 2018
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The international community's ambition to fight against climate change comes at a cost: between US$50,000 billion and US$90,000 billion over the next 15 years according to the bottom-end estimates of economist Adair Turner, ...
Environment
Sep 25, 2018
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A Canadian court has sparked the ire of the oil industry by suspending the expansion of a pipeline to the Pacific over environmental concerns—and dealt a huge blow to Prime Minister Justin Trudeau's climate plan.
Environment
Sep 5, 2018
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A switch from subsidizing fossil fuel to pricing CO2-emissions would not only help to meet global climate targets but also create additional domestic public revenues. These revenues could finance expenses toward sustainable ...
Environment
Jul 16, 2018
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The federal government's National Energy Guarantee aims to reduce greenhouse gas emissions in the electricity industry by 26% of 2005 levels. But for Australia to meet its Paris climate change commitments, this 26% reduction ...
Environment
Jul 4, 2018
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When President Donald Trump announced the US exit from the Paris climate deal one year ago, the mayor of Philadelphia was among those who vowed to keep carrying the torch.
Environment
Jun 1, 2018
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The UK cut its emissions from electricity production by 25% in 2016, using a strategy many countries could adopt to quickly lower carbon emissions.
Environment
Mar 26, 2018
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Carnegie Mellon University researchers have calculated that the U.S. can meet—or even beat—the near-term carbon dioxide emission reductions required by the United Nations Paris Agreement, despite the Trump Administration's ...
Environment
Feb 16, 2018
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Putting the Paris climate agreement into practice will trigger opposed reactions by investors and fossil fuel owners. Paradoxically, it has been feared that the anticipation of strong CO2 reduction policies might drive up ...
Environment
Jan 29, 2018
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An area of forest the size of India will be lost by 2050 unless carbon pricing and anti-deforestation policies are put in place.
Environment
Dec 20, 2017
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