According to the report, "Regional, weighted average costs of electricity from biomass for power, geothermal, hydropower, and onshore wind are all now in the range, or even span a lower range, than estimated fossil fuel-fired electricity generation costs." Electricity from photovoltaic panels is also becoming less expensive, with the cheapest installations about on par with many fossil fuel
The trend is striking: Increased fossil fuel
use correlates with every positive metric of human well-being -- from life expectancy to income to nourishment to clean water access to safety.
(For human beings, "resources" includes a broad spectrum of things, including natural beauty.) To assess the fossil fuel
industry's impact on our environment, we simply need to ask: What is its impact on threats?
I believe the Anglican church should join the fossil fuel
This amounts to a net subsidy to big industry for fossil fuel
Their conclusion is that if we are to have a 50 per cent chance of stopping the warming before 2C, then at least two-thirds of the currently listed fossil fuel
reserves will have to stay in the ground permanently.
We're in a climate emergency - divest from fossil fuel
Financial institutions such as the International Monetary Fund, HSBC and the Bank of England have warned about the financial risk of fossil fuel
investments and we already see fossil fuel
companies struggling, with major coal companies declaring bankruptcy and big oil companies hitting record low profits.
Cardiff council has called on the fund to divest the money it has tied up with oil and gas companies linked to fossil fuel
Investing in fossil fuels
is providing "increasingly poor" returns on investment according to a new study.
More than 1,070 institutions in more than 30 countries, with total assets of about $8.8 trillion, have divested themselves of fossil fuel
shares since a divestment campaign began about nine years ago, according to the website gofossilfree.org.
These fossil fuel
companies are embracing a variety of tactics.