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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.
The energy incorporated through this process supports life on earth, while the carbon makes up much of the organic matter in living and dead biomass, soil carbon and fossil fuels. It also drives the carbon cycle , which influences global climate via the greenhouse effect .
It encompasses energy contained in raw fuels and other forms of energy, including waste, received as input to a system. Primary energy can be non-renewable or renewable. Total primary energy supply (TPES) is the sum of production and imports, plus or minus stock changes, minus exports and international bunker storage. [3]
Biotic: Resources that originate from the biosphere and have life such as flora and fauna, fisheries, livestock, etc. Fossil fuels such as coal and petroleum are also included in this category because they are formed from decayed organic matter. Abiotic: Resources that originate from non-living and inorganic material.
The production of biofuels can be very energy intensive, which, if generated from non-renewable sources, can heavily mitigate the benefits gained through biofuel use. A solution proposed to solve this issue is to supply biofuel production facilities with excess nuclear energy, which can supplement the power provided by fossil fuels. [112]
Petroleum geology is the study of the origins, occurrence, movement, accumulation, and exploration of hydrocarbon fuels. It refers to the specific set of geological disciplines that are applied to the search for hydrocarbons (oil exploration).
Biomass (in the context of energy generation) is matter from recently living (but now dead) organisms which is used for bioenergy production. There are variations in how such biomass for energy is defined, e.g. only from plants, [8] or from plants and algae, [9] or from plants and animals. [10]
An overarching term is carbon pool, which is all the places where carbon on Earth can be, i.e. the atmosphere, oceans, soil, florae, fossil fuel reservoirs and so forth. A carbon sink is a type of carbon pool that has the capability to take up more carbon from the atmosphere than it releases.