{"id":3258,"date":"2010-11-19T08:26:42","date_gmt":"2010-11-19T13:26:42","guid":{"rendered":"http:\/\/www.energyrefuge.com\/blog\/?p=3258"},"modified":"2017-09-05T17:51:03","modified_gmt":"2017-09-05T21:51:03","slug":"new-report-highlights-urgency-to-find-renewable-sources-of-energy","status":"publish","type":"post","link":"https:\/\/www.energyrefuge.com\/blog\/new-report-highlights-urgency-to-find-renewable-sources-of-energy\/","title":{"rendered":"New Report Highlights Urgency to Find Renewable Sources of Energy"},"content":{"rendered":"

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RE: The only way is up<\/figcaption><\/figure>Oil reserves will be depleted by 2041 if current consumption remain as they are now, that is, 85.22 million barrels a day, yearly growth of 1.3 per cent, a new study says.<\/p>\n

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But there won\u00e2\u20ac\u2122t be enough clean, non-fossil fuels available for mass consumption before 2140, the report warns, leaving a gap of around 100 years.<\/p>\n

The forecast, made by researchers at University of California, Davis, was published online earlier this month in the journal Environmental Science & Technology. It is based on the theory that long-term investors are good predictors of whether and when new energy technologies will become commonplace.<\/p>\n

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\u00e2\u20ac\u0153Our results suggest it will take a long time before renewable replacement fuels can be self-sustaining, at least from a market perspective,” said study author Debbie Niemeier, a UC Davis professor of civil and environmental engineering.<\/p>\n

Niemeier and co-author Nataliya Malyshkina\u00e2\u20ac\u2122s objective was to help policymakers \u00e2\u20ac\u0153set realistic targets for environmental sustainability and evaluate the progress made toward those goals.\u00e2\u20ac\u009d <\/p>\n

They based their methodology on market capitalizations and dividends of publicly owned oil companies and alternative-energy companies as predictors because investors tend to be \u00e2\u20ac\u0153relative accurate\u00e2\u20ac\u009d with \u00e2\u20ac\u0153forecasts of future events\u00e2\u20ac\u009d.<\/p>\n

The researchers say the findings are a warning that current renewable-fuel targets are not ambitious enough to prevent across-the-board damage. \u00e2\u20ac\u0153We need stronger policy impetus to push the development of these alternative replacement technologies along,\u00e2\u20ac\u009d said Niemeier.<\/p>\n

Via: AFP<\/a>
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    Oil reserves will be depleted by 2041 if current consumption remain as they are now, that is, 85.22 million barrels a day, yearly growth of 1.3 per cent, a new study says. Related Posts:No Related Posts Found! Go find some…<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8,45],"tags":[1713,1753,610],"class_list":["post-3258","post","type-post","status-publish","format-standard","hentry","category-alternative-energy","category-renewable-energy","tag-renewable-energy","tag-research","tag-uc-davis"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t