Those with a desire to see a reduction of greenhouse gas emissions from fossil fuels could do worse than to buy up reserves, according to a paper published this month. Researcher Bard Harstad argues that buying and holding extraction rights to fossil fuels is a more effective means of curbing their use than legislating to reduce demand.
At first glance it looks like a novel approach, though perhaps an obvious one when you think of it.
Policy makers need to be cautious in setting new 'low-carbon' standards for greenhouse gas emissions for oil sands-derived fuels as well as fuels from conventional crude oils University of Calgary and University of Toronto researche... Read Post
In December leaders from around the world will meet in Copenhagen to try to agree on cutting back greenhouse gas emissions for decades to come. The most effective step to implement that goal would be a massive shift away from fossil... Read Post
If California wants to reach its goals for greenhouse gas emissions—80 percent below 1990 levels by 2050—it must replace most direct fossil fuel use with electricity, according to a new analysis published in Science. In addition, en... Read Post