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Fossil fuel divestment or fossil fuel divestment and investment in climate solutions is an attempt to reduce climate change by exerting social, political, and economic pressure for the institutional divestment of assets including stocks, bonds, and other financial instruments connected to companies involved in extracting fossil fuels.
Petrochemical plant in Saudi Arabia. Petrochemicals (sometimes abbreviated as petchems [1]) are the chemical products obtained from petroleum by refining. Some chemical compounds made from petroleum are also obtained from other fossil fuels, such as coal or natural gas, or renewable sources such as maize, palm fruit or sugar cane.
Petroleum products are materials derived from crude oil as it is processed in oil refineries. Unlike petrochemicals, which are a collection of well-defined usually pure organic compounds, petroleum products are complex mixtures. [1] Most petroleum is converted into petroleum products, which include several classes of fuels. [2]
Natural gas burning on a gas stove Burning of natural gas coming out of the ground. Natural gas (also called fossil gas, methane gas, or simply gas) is a naturally occurring mixture of gaseous hydrocarbons consisting primarily of methane (95%) [1] in addition to various smaller amounts of other higher alkanes.
A breakdown of the products made from a typical barrel of US oil [31] Petroleum products are materials derived from crude oil as it is processed in oil refineries. The majority of petroleum is converted to petroleum products, which includes several classes of fuels. [32]
Commercially available LPG is currently derived mainly from fossil fuels. Burning LPG releases carbon dioxide, a greenhouse gas. The reaction also produces some carbon monoxide. LPG does, however, release less CO 2 per unit of energy than does coal or oil, but more than natural gas. It emits 81% of the CO
The extraction and transport of fossil fuels used to make plastic products produces emissions that impact our air quality," she explained. "Then there’s the matter of waste management.
See alternative fuels. Energy is the subject of significant research activities globally. For example, the UK Energy Research Centre is the focal point for UK energy research while the European Union has many technology programmes as well as a platform for engaging social science and humanities within energy research. [18]