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Fossil fuel divestment or fossil fuel divestment and investment in climate solutions is an attempt to reduce climate change by exerting social, political, and economic pressure for the institutional divestment of assets including stocks, bonds, and other financial instruments connected to companies involved in extracting fossil fuels.
Fuel comes in three types: Fossil fuel is natural gas, fuel derived from petroleum (LPG, gasoline, kerosene, gas/diesel, fuel oil), or from coal (anthracite, bituminous coal, coke, blast furnace gas). Secondly, there is renewable fuel (biofuel and fuel derived from waste). And lastly, the fuel used for district heating.
Estimating the remaining fossil fuels on the planet depends on a detailed understanding of Earth's crust. With modern drilling technology, wells can be drilled in up to 3 km of water to verify the exact composition of the geology; but half of the ocean is deeper than 3 km, leaving about a third of the planet beyond the reach of detailed analysis.
Fossil fuel use can be phased out by conserving energy and switching to energy sources that do not produce significant carbon pollution. These energy sources include wind, solar, hydro, and nuclear power. Cleanly generated electricity can replace fossil fuels for powering transportation, heating buildings, and running
Global fossil fuel consumption and energy emissions hit all-time highs in 2023, even as fossil fuels' share of the global energy mix decreased slightly on the year, the industry's Statistical ...
the fossil fuel industries, which include petroleum industries (oil companies, petroleum refiners, fuel transport and end-user sales at gas stations), coal industries (extraction and processing), and the natural gas industries (natural gas extraction, and coal gas manufacture, as well as distribution and sales);
The president of the COP28 climate summit claimed there is “no science” that says the phase out of fossil fuels is required to limit global warming to 1.5 degrees above pre-industrial levels ...
Carbon-based fuel is any fuel principally from the oxidation or burning of carbon.Carbon-based fuels are of two main kinds, biofuels and fossil fuels.Whereas biofuels are derived from recent-growth organic matter [1] and are typically harvested, as with logging of forests and cutting of corn, fossil fuels are of prehistoric origin [2] and are extracted from the ground, the principal fossil ...