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Clean Energy Fuels (NAS: CLNE) carries $173.4 million of goodwill and other intangibles on its balance sheet. Sometimes goodwill, especially when it's excessive, can foreshadow problems down the road.
The use of fossil fuels in the 18th and 19th century set the stage for the Industrial Revolution. Fossil fuels make up the bulk of the world's current primary energy sources. In 2005, 81% of the world's energy needs was met from fossil sources. [3] The technology and infrastructure for the use of fossil fuels already exist.
As of 2019, 37% of global electricity is produced from low-carbon sources (renewables and nuclear energy). Fossil fuels, primarily coal, produce the rest of the electricity supply. [160] One of the easiest and fastest ways to reduce greenhouse gas emissions is to phase out coal-fired power plants and increase renewable electricity generation. [136]
Deaths caused by use of fossil fuels such as oil (areas of rectangles in chart) greatly exceed those resulting from production of renewable energy (rectangles barely visible in chart). [45] Some harmful impacts of petroleum can be limited to the geographic locations where it is produced, consumed, and/or disposed.
Fossil fuel power station – Facility that burns fossil fuels to produce electricity Greenhouse gas – Gas in an atmosphere with certain absorption characteristicses Health effects of atmospheric particulate matter – Microscopic solid or liquid matter suspended in the Earth's atmosphere Pages displaying short descriptions of redirect targets
Jones characterizes Chris Wright as a “Big Oil CEO who has downplayed the risks of rising global temperatures and argued that climate change might actually be good for the world.”
By 2050, humanity could consume an estimated 140 billion tons of minerals, ores, fossil fuels and biomass per year (three times its current amount) unless the economic growth rate is decoupled from the rate of natural resource consumption. [46]
“But I do know that within fossil fuels, the concern has been about emissions, and within emissions, we have the technology to do things like carbon capture to eliminate harmful emissions,” he ...