Tag: fossil fuel

Energy expert Alex Epstein is convinced that when presented with the facts about fossil fuels’ positive impacts - not to mention their potential to improve the quality of life for billions of people in the developing world - even the 'keep it in the ground' crowd will reconsider their stance.

One unexpected consequence of the war in Ukraine is to boost the case for renewable energy. The simple fact that the crisis has pushed fossil fuel energy prices higher has certainly highlighted the economic arguments. From the point of view of energy security and resiliency too, the crisis seems to accelerate further the timeline of adoption. 

On May 18, 2021, the International Energy Agency (IEA) released ‘Net Zero by 2050: A Roadmap for the Global Energy Sector’, which outlines plans for the global energy sector to reach ‘net zero’ greenhouse gas emissions by 2050.

The 'Decarbonisation Transition' is set to introduce an entirely new set of rules, challenges and opportunities. According to our latest research, Decarbonising Energy, from A to Zero, transforming the fossil fuel-based energy system to one that is sustainable and decarbonised is one of humanity’s greatest challenges, and greatest opportunities to make global energy supplies more available and affordable than ever before.

Talking about oil and gas isn’t easy, especially at a time of widespread anxiety about the link between fossil fuels and climate change. But NJ Ayuk has never been one to shy away from difficult conversations. Instead, he embraces opportunities to approach thorny questions head-on, with a spirit of optimism about the future.

The ‘potential’ of recent gas finds has given rise to false claims that gas will generate economic prosperity for the country. The reality is that it will be at least a decade, possibly two, before we see any significant impact. In the meantime, the climate impacts will be huge, and we will lock ourselves in to a new fossil fuel system, which is expensive and unnecessary.

The coronavirus is an opportunity to end the war with nature. It's a moment to be humble and realise our finitude in a wondrous and infinite natural order. COVID-19 pushed an already weak and crisis-ridden global economy over the edge. Massive value has been erased from crashing stock market prices. Many commentators have talked about the return of economic conditions similar to the great financial crash of 2007-2009.

This is a survival guide. It rests on the idea that we could possibly survive a changing climate. Temperatures are already climbing, sea levels are rising and parts of South Africa are on their way to being uninhabitable.