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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.
Renewable energy sources are even larger than the traditional fossil fuels and in theory can easily supply the world's energy needs. 89 PW [32] of solar power falls on the planet's surface. While it is not possible to capture all, or even most, of this energy, capturing less than 0.02% would be enough to meet the current energy needs.
A coal mine in Wyoming, United States. Coal, produced over millions of years, is a finite and non-renewable resource on a human time scale.. A non-renewable resource (also called a finite resource) is a natural resource that cannot be readily replaced by natural means at a pace quick enough to keep up with consumption. [1]
Human activities over the past two centuries have increased the amount of carbon in the atmosphere by nearly 50% as of year 2020, mainly in the form of carbon dioxide, both by modifying ecosystems' ability to extract carbon dioxide from the atmosphere and by emitting it directly, e.g., by burning fossil fuels and manufacturing concrete. [3] [7]
In the same year, about 4 million GWh of electricity were generated in the United States, 67% of which was generated from fossil fuels (coal, natural gas, and <1% petroleum), 20% from nuclear power, 6% hydropower and 7% other renewables. [7] World energy consumption (1970–2020)
Energy development is the field of activities focused on obtaining sources of energy from natural resources. [citation needed] These activities include the production of renewable, nuclear, and fossil fuel derived sources of energy, and for the recovery and reuse of energy that would otherwise be wasted.
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Fossil Fools Day is an environmental demonstration day on April 1 annually. The name is a play on the term fossil fuels and April Fools' Day.. Fossil Fools Day began in 2004 with coordinated actions across American and Canadian high schools and universities where they played over 125 coordinated April Fools' Day pranks centered around the dangers from using and harvesting fossil fuels.
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