One way or another, the fossil fuel industry seems to be destined to shrink away. A combination of technological advances and climate policies are going to drastically reduce the global demand for fossil fuels over the course of time. New research shows that the demise of the fossil fuel industry will have profound consequences.
Biomass is often touted as a green energy source. Just recently, the US Environmental Protection Agency declared biomass energy to be carbon neutral – a policy already embraced by many European countries. However, burning forests for fuel has hard limitations and ecological consequences.
Last year was the first year in which more electricity in Europe was generated from the combination of wind, sun, and biomass than from coal. The combination of all clean energy sources (which adds hydropower to the mix) surpassed coal several years ago.
In a trial taking place in Denmark, some electric car owners are earning more than $1,500 a year just by parking their cars and feeding excess power back into the grid.
Electric cars represent only a tiny fraction of the overall auto market. The numbers are growing, most certainly, but they are still quite small in most places. The recent start of production of the Tesla Model 3 has attracted quite a bit of attention to electric cars, but in many countries, there is much more to the story than just media buzz about a new car.
According to the Roundtable on Sustainable Palm Oil or RSPO, almost 12 million tons, or 21% of the global supply of palm oil, is now certified as responsible and sustainable. The massive expansion of palm oil plantations has been one of the primary causes of global deforestation. This has been especially the case in Borneo, where 85% of global palm oil production takes place.
A South African court recently overturned a national ban on the trade of rhinoceros horns – a decision that was celebrated by the country’s commercial rhino breeders but slammed by animal preservation groups. A moratorium on rhino horn trade had been in effect in South Africa since 2009.
Researchers at the Technion-Israel Institute of Technology have developed a new method for producing hydrogen from water using solar energy. If successfully developed, their approach would make it possible to produce hydrogen in a centralized manner at the point of sale such as at a fueling station for hydrogen-powered cars.
The Board of Trustees of the Long Island Power Authority has voted to approve the nation’s largest offshore wind farm, which is also the first offshore wind farm in New York. The South Fork Wind Farm, located 30 miles southeast of Montauk, New York, will be a 90 megawatt facility that will provide enough electricity to power 50,000 Long Island homes and help meet increasing electricity demand on the South Fork of Long Island.
The U.S. has just turned on its first offshore wind farm off the coast of Rhode Island. In the meantime, offshore wind continues to grow by leaps and bounds in Europe. Wind energy in the European Union accounts for 12% of its electricity supply. Until 2011, offshore wind comprised only 5-10% of the newly-installed wind energy capacity; now it about one third of the new installations.
Organic food is increasingly popular. Food chains like Sprouts and Whole Foods as well as local food coops and health food stores have led the charge. More recently, major supermarket chains have growing organic departments in their stores. In fact, in 2015, sales of organic foods in the U.S. reached $43 billion, an increase of 11% over just the the previous year.
