A Quote by Fatih Birol
Energy is significantly underpriced in many parts of the world, leading to wasteful consumption, price volatility and fuel smuggling. It's also undermining the competitiveness of renewables.
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Many governments are giving subsidies to fossil fuel production and consumption that encourage greenhouse gas emissions, at the same time as they are spending on projects to promote clean energy. This is a wasteful use of scarce budget resources.
Energy and fuel prices continue to rise, triggering fuel consumption concerns in the United States.
The illusion that consumption - and its correlative, income - is desirable probably stems from too great preoccupation with what Knight calls "one-use goods," such as food and fuel, where the utilization and consumption of the good are tightly bound together in a single act or event. ... any economy in the consumption of fuel that enables us to maintain warmth or to generate power with lessened consumption again leaves us better off. ... there is no great value in consumption itself.
In many places in the developed world, we eat or waste probably twice as many food calories as we really need. We're wasteful of food. We ship all over the world. We're now realizing that generating the energy to ship the food around the world is also ruining our climate.
It is a fact that many of the wars and conflicts happening all over the world are aggravated or fought strictly for geopolitical fossil fuel energy interests, and many of the world's most dangerous regimes are funded by fossil fuel dollars.
Historically, the United States has had a wonderful energy policy. We're blessed with a diversity of resources. We have oil. We have gas. We have coal. We have nuclear. And renewables. And as a result, one of our biggest competitive advantages has been affordable energy. You need a strong economy and you need affordable energy to fuel that economy.
There is an urgent need to stop subsidizing the fossil fuel industry, dramatically reduce wasted energy, and significantly shift our power supplies from oil, coal, and natural gas to wind, solar, geothermal, and other renewable energy sources.
You're also looking at a global warming solution here in Europe: smaller vehicles, more energy efficient, many which use diesel fuel which is more efficient. And the price of gas here is $6 a gallon to discourage guzzling. A lot of big ideas and innovations coming out of Europe.
First and foremost, energy efficiency is a major lever for reducing CO2 emissions along all parts of the energy chain - from the production of resources all the way to final consumption.
Why would we build as unequal a renewable energy sector as we have built a fossil fuel sector? The nice thing about renewables is they're everywhere, so you don't have to have monopoly control in the same way.
It's important to understand that oil and renewables do different things. Wind and solar are for power generation, so they don't replace oil. About 70% of all oil produced is used for transportation fuel. Renewables are good projects, but they don't get us off of foreign oil.
As we explore ways to bring price relief and bolster our country's energy independence, one significant energy source has emerged as a potential solution, hydrogen fuel cells.
The more traditional fuel sources we have relied on as a nation - coal, oil, and natural gas - I'm hoping they can allow us the financial springboard to move to the next generation of energy sources: renewables and alternatives.
Perhaps reluctantly we come to acknowledge that there are also scars which mark the surface of our earth: erosion, deforestation, the squandering of the world’s mineral and ocean resources in order to fuel an insatiable consumption.
The United States must recognize that access to reliable and affordable energy is the basis for economic expansion - and global competitiveness. And the nation must move from discouraging fossil fuel development - which is largely our approach today - to enabling it. We need all forms of energy to keep our economy strong.
Although the United States cannot unilaterally lower the price of oil, it can reduce its consumption by using oil more efficiently and by developing alternative sources of fuel.
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