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Fuelling the World Economy

Fuelling the World Economy
Author: Daniel Castillo Hidalgo
Publisher: Springer Nature
Total Pages: 211
Release: 2023-07-07
Genre: Business & Economics
ISBN: 3031325656

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This book explores the functioning of coal markets and their influence on ports and maritime economics since the second half of the nineteenth century. Each chapter includes case studies from different parts of the world, explaining the role played by coal in the expansion of the shipping industry. This book also explores regions usually neglected by the mainstream scholarly literature in this field. The relationship between steam engine technology and imperial expansion, how the emergence of global security was driven by maritime technological revolutions, and the connection between global seaports and the spread of global economic and political systems are also discussed. This book aims to highlight the important role seaports and fuel markets played in the evolution of international commercial flows and activities. Fuelling the World Economy will be useful for historians, economists, and geographers interested in maritime and energy issues, as well as researchers interested in transport and technology.


Diversification and Cooperation in a Decarbonizing World

Diversification and Cooperation in a Decarbonizing World
Author: Grzegorz Peszko
Publisher: World Bank Publications
Total Pages: 160
Release: 2020-07-24
Genre: Nature
ISBN: 1464813418

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This book is the first stocktaking of what the decarbonization of the world economy means for fossil fuel†“dependent countries. These countries are the most exposed to the impacts of global climate policies and, at the same time, are often unprepared to manage them. They depend on the export of oil, gas, or coal; the use of carbon-intensive infrastructure (for example, refineries, petrochemicals, and coal power plants); or both. Fossil fuel†“dependent countries face financial, fiscal, and macro-structural risks from the transition of the global economy away from carbon-intensive fuels and the value chains based on them. This book focuses on managing these transition risks and harnessing related opportunities. Diversification and Cooperation in a Decarbonizing World identifies multiple strategies that fossil fuel†“dependent countries can pursue to navigate the turbulent waters of a low-carbon transition. The policy and investment choices to be made in the next decade will determine these countries’ degree of exposure and overall resilience. Abandoning their comfort zones and developing completely new skills and capabilities in a time frame consistent with the Paris Agreement on climate change is a daunting challenge and requires long-term revenue visibility and consistent policy leadership. This book proposes a constructive framework for climate strategies for fossil fuel†“dependent countries based on new approaches to diversification and international climate cooperation. Climate policy leaders share responsibility for creating room for all countries to contribute to the goals of the Paris Agreement, taking into account the specific vulnerabilities and opportunities each country faces.


Fossil Fuel Industries and the Green Economy

Fossil Fuel Industries and the Green Economy
Author:
Publisher: Greenhaven Publishing LLC
Total Pages: 202
Release: 2021-07-15
Genre: Young Adult Nonfiction
ISBN: 1534507876

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As of 2018, 85 percent of global energy consumption was made up by fossil fuels, including petroleum, coal, and natural gas. However, the burning of fossil fuels is a major contributor of greenhouse gas emissions, which has drawn negative attention as the effects of climate change wreak havoc. Consequently, governments, citizens, scientists, and companies are now in search of more environmentally friendly sources of energy. The shift to the green economy is intended to reduce negative environmental impacts, but how this would affect consumers, communities, and the economy and whether it is economically and political feasible are up for debate, and for your readers to decide.


Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies

Still Not Getting Energy Prices Right: A Global and Country Update of Fossil Fuel Subsidies
Author: Ian Parry
Publisher: International Monetary Fund
Total Pages: 42
Release: 2021-09-24
Genre: Business & Economics
ISBN: 1513595407

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This paper provides a comprehensive global, regional, and country-level update of: (i) efficient fossil fuel prices to reflect their full private and social costs; and (ii) subsidies implied by mispricing fuels. The methodology improves over previous IMF analyses through more sophisticated estimation of costs and impacts of reform. Globally, fossil fuel subsidies were $5.9 trillion in 2020 or about 6.8 percent of GDP, and are expected to rise to 7.4 percent of GDP in 2025. Just 8 percent of the 2020 subsidy reflects undercharging for supply costs (explicit subsidies) and 92 percent for undercharging for environmental costs and foregone consumption taxes (implicit subsidies). Efficient fuel pricing in 2025 would reduce global carbon dioxide emissions 36 percent below baseline levels, which is in line with keeping global warming to 1.5 degrees, while raising revenues worth 3.8 percent of global GDP and preventing 0.9 million local air pollution deaths. Accompanying spreadsheets provide detailed results for 191 countries.


The Green New Deal

The Green New Deal
Author: Jeremy Rifkin
Publisher: Macmillan + ORM
Total Pages: 173
Release: 2019-09-10
Genre: Political Science
ISBN: 1250253217

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An urgent plan to confront climate change, transform the American economy, and create a green post-fossil fuel culture. A new vision for America’s future is quickly gaining momentum. Facing a global emergency, a younger generation is spearheading a national conversation around a Green New Deal and setting the agenda for a bold political movement with the potential to revolutionize society. Millennials, the largest voting bloc in the country, are now leading on the issue of climate change. While the Green New Deal has become a lightning rod in the political sphere, there is a parallel movement emerging within the business community that will shake the very foundation of the global economy in coming years. Key sectors of the economy are fast-decoupling from fossil fuels in favor of ever cheaper solar and wind energies and the new business opportunities and employment that accompany them. New studies are sounding the alarm that trillions of dollars in stranded fossil fuel assets could create a carbon bubble likely to burst by 2028, causing the collapse of the fossil fuel civilization. The marketplace is speaking, and governments will need to adapt if they are to survive and prosper. In The Green New Deal, New York Times bestselling author and renowned economic theorist Jeremy Rifkin delivers the political narrative and economic plan for the Green New Deal that we need at this critical moment in history. The concurrence of a stranded fossil fuel assets bubble and a green political vision opens up the possibility of a massive shift to a post-carbon ecological era, in time to prevent a temperature rise that will tip us over the edge into runaway climate change. With twenty-five years of experience implementing Green New Deal–style transitions for both the European Union and the People’s Republic of China, Rifkin offers his vision for how to transform the global economy and save life on Earth.


Shoveling Fuel for a Runaway Train

Shoveling Fuel for a Runaway Train
Author: Brian Czech
Publisher: Univ of California Press
Total Pages: 226
Release: 2000
Genre: Business & Economics
ISBN: 9780520225145

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Publisher Fact Sheet A bold critique of runaway spending & unchecked economic growth.


The Moral Case for Fossil Fuels

The Moral Case for Fossil Fuels
Author: Alex Epstein
Publisher: Penguin
Total Pages: 256
Release: 2014-11-13
Genre: Business & Economics
ISBN: 0698175484

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Could everything we know about fossil fuels be wrong? For decades, environmentalists have told us that using fossil fuels is a self-destructive addiction that will destroy our planet. Yet at the same time, by every measure of human well-being, from life expectancy to clean water to climate safety, life has been getting better and better. How can this be? The explanation, energy expert Alex Epstein argues in The Moral Case for Fossil Fuels, is that we usually hear only one side of the story. We’re taught to think only of the negatives of fossil fuels, their risks and side effects, but not their positives—their unique ability to provide cheap, reliable energy for a world of seven billion people. And the moral significance of cheap, reliable energy, Epstein argues, is woefully underrated. Energy is our ability to improve every single aspect of life, whether economic or environmental. If we look at the big picture of fossil fuels compared with the alternatives, the overall impact of using fossil fuels is to make the world a far better place. We are morally obligated to use more fossil fuels for the sake of our economy and our environment. Drawing on original insights and cutting-edge research, Epstein argues that most of what we hear about fossil fuels is a myth. For instance . . . Myth: Fossil fuels are dirty. Truth: The environmental benefits of using fossil fuels far outweigh the risks. Fossil fuels don’t take a naturally clean environment and make it dirty; they take a naturally dirty environment and make it clean. They don’t take a naturally safe climate and make it dangerous; they take a naturally dangerous climate and make it ever safer. Myth: Fossil fuels are unsustainable, so we should strive to use “renewable” solar and wind. Truth: The sun and wind are intermittent, unreliable fuels that always need backup from a reliable source of energy—usually fossil fuels. There are huge amounts of fossil fuels left, and we have plenty of time to find something cheaper. Myth: Fossil fuels are hurting the developing world. Truth: Fossil fuels are the key to improving the quality of life for billions of people in the developing world. If we withhold them, access to clean water plummets, critical medical machines like incubators become impossible to operate, and life expectancy drops significantly. Calls to “get off fossil fuels” are calls to degrade the lives of innocent people who merely want the same opportunities we enjoy in the West. Taking everything into account, including the facts about climate change, Epstein argues that “fossil fuels are easy to misunderstand and demonize, but they are absolutely good to use. And they absolutely need to be championed. . . . Mankind’s use of fossil fuels is supremely virtuous—because human life is the standard of value and because using fossil fuels transforms our environment to make it wonderful for human life.”


Burn Out

Burn Out
Author: Dieter Helm
Publisher: Yale University Press
Total Pages: 303
Release: 2017-01-01
Genre: Energy consumption
ISBN: 0300225628

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Introduction -- The end of the commodity super-cycle -- Binding carbon constraints -- An electric future -- The US: the lucky country -- The Middle East: more trouble to come -- Russia: blighted by the resource curse -- China: the end of the transition -- Europe: not as bad as it seems -- The gradual end of big oil -- Energy utilities: a broken model -- The new energy markets and the economics of the Internet -- Conclusion


The Hydrogen Economy

The Hydrogen Economy
Author: Jeremy Rifkin
Publisher: Penguin
Total Pages: 308
Release: 2002
Genre: Business & Economics
ISBN: 9781585422548

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Exposes the coming depletion of oil reserves and illuminates the potential of sustainable hydrogen fuel to replace fossil fuels.


Burning Up

Burning Up
Author: Simon Pirani
Publisher: Pluto Press (UK)
Total Pages: 0
Release: 2018
Genre: Energy consumption
ISBN: 9780745335612

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A history of the excesses of capitalism's rampant fossil fuel consumption since 1950.