Fossil Fuel Industries And The Green Economy

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.

Whenever legislation to price carbon starts to gain traction, the fossil fuel industry trots out this talking point: "It will kill jobs and ruin the economy." In this report, however, CCL volunteer Joseph Robertson ties together numerous reports and case studies to present a different picture, one in which the transition to clean energy will produce millions of new jobs and provide an ongoing stimulus to the economy.The transition to a clean, sustainable energy economy requires a shift in how markets deal with the costs of carbon-dioxide emissions. The success of tax shifting policies outside the U.S. demonstrates that job creation will be the hallmark of the clean-energy revolution. The potential for efficiency gains from clean-energy and smart-grid technologies will free up massive amounts of consumer spending over time and relieve dependence on fossil fuels from hostile states.Communities in remote areas, or which rely on coal for cheap energy or for employment, can benefit economically from diversifying into and taking ownership of clean renewable-energy technologies, and participating in the building of a stronger, more vibrant energy future.

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.

The present energy economy, with its heavy dependence on fossil fuels, is not sustainable over the medium to long term for many interconnected reasons. Climate change is now recognized as posing a serious threat. Energy and resource decisions involving the carbon fuels therefore play a large role in this threat. Fossil fuel reserves may also be running short and many of the major reserves are in politically unstable parts of the world. Yet citizens in nations with rapidly developing economies aspire to the benefits of the modern energy economy. China and India alone have 2.4 billion potential customers for cars, industries, and electrical services. Even so, more than half of the world's citizens still lack access to energy. Decisions involving fossil fuels are therefore a significant part of the development equation. This volume explains how the law can impede or advance the shift to a world energy picture significantly different from that which exists today. It first examines the factors that create the problems of the present carbon economy, including environmental concerns and development goals. It then provides international and regional legal perspectives, examining public international law, regional legal structures, the responses of international legal bodies, and the role of major international nongovernmental actors. The book then moves on to explore sectoral perspectives including the variety of renewable energy sources, new carbon fuels, nuclear power, demand controls, and energy efficiency. Finally, the authors examine how particular States are, could, or should, be adapting legally to the challenges of moving beyond the carbon economy.

In less than a decade, activism against the fossil fuel industry has exploded across the globe. While environmentalists used to focus on legislative goals, such as carbon emissions trading or renewable energy policies, today the most prominent activists directly attack the fossil fuel industry. This timely book offers a comprehensive evaluation of different types of activism, the success and impact of campaigns and activities, and suggestions as to ways forward. This book is the first systematic treatment of the anti-fossil fuel movement in the United States. An accessible and readable text, it is an essential reference for scholars, policymakers, activists, and citizens interested in climate change, fossil fuels, and environmental sustainability. The entire book or chapters from it can be used as required or supplementary material in various courses at the undergraduate and graduate level. As the book is not technically challenging but contains a comprehensive review of climate change, fossil fuels, and the literature on environmental activism, it can be used as an accessible introduction to the anti-fossil fuel campaign across disciplines.

The new green industrial revolution is driven by a variety of global environmental concerns. In some regions, it is spurred by the scarcity of cheap affordable renewable energy that will also lead to a reduced reliance on fossil fuel in the production of power. In others, it is driven by a need to reduce greenhouse gas (GHG) emissions from power generation. This book provides a comprehensive review of the most popular green “disruptive technologies in energy production as well as their economic impact. In addition, the book includes a multitude of international case studies where these technologies are currently deployed and their economic impact on the region. Clearly explains the scientific, engineering, technological, and economics driving the Green Revolution in power generation A guide to technologies such as renewable energy, smart green grids, and emission control technologies Packed with international case studies that provides real-world examples of how these technologies are currently being deployed around the world Explains the economic impact which these new technologies will play in building global sustainability

As the case for Climate Change mitigation becomes ever more pressing, hydrogen has the potential to play a major role in a low-carbon energy future. Hydrogen can drive the vehicles of tomorrow and also heat homes and supply energy to businesses. Much recent discussion in energy policy circles has considered ways in which greatly expanded electrification can meet the demand for low-carbon mobility and heating. Such narratives centre on the widespread use of renewable energy sources with occasionally surplus renewable electricity being used to produce hydrogen, for example by electrolysis. While such developments have a beneficial role to play, this book focuses on an alternative paradigm. This book considers a more evolutionary path involving the continued extraction and use of fossil fuels, most notably natural gas, but in ways that greatly reduce greenhouse gas emissions. In this way much established industrial capacity and know how might be transitioned to help deliver the low carbon future that the world so desperately requires. Presenting up-to-date energy policy recommendations with a focus on hydrogen from fossil fuels, the book will be of considerable interest to policymakers and energy researchers in academia, industry and government labs, while also offering a valuable reference guide for business developers in low-carbon energy, and for oil and gas industry analysts.

An examination of the politics of green jobs that foresees a potential ideological shift away from neoliberalism toward “developmentalism.” Good Green Jobs in a Global Economy is the first book to explore the broad implications of the convergence of industrial and environnmental policy in the United States. Under the banner of “green jobs,” clean energy industries and labor, environmental, and antipoverty organizations have forged “blue-green” alliances and achieved some policy victories, most notably at the state and local levels. In this book, David Hess explores the politics of green energy and green jobs, linking the prospect of a green transition to tectonic shifts in the global economy. He argues that the relative decline in U.S. economic power sets the stage for an ideological shift, away from neoliberalism and toward “developmentalism,” an ideology characterized by a more defensive posture with respect to trade and a more active industrial policy. After describing federal green energy initiatives in the first two years of the Obama administration, Hess turns his attention to the state and local levels, examining demand-side and supply-side support for green industry and local small business. He analyzes the successes and failures of green coalitions and the partisan patterns of support for green energy reform. This new piecemeal green industrial policy, Hess argues, signals a fundamental challenge to anti-interventionist beliefs about the relationship between the government and the economy.