[OKC] FW: EERE: President Obama Advances Biofuels, Plus Recovery Act Funds for Wind Power

[Shauna Struby]

A weekly newsletter from the U.S. Department of Energy's (DOE) Office
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May 06, 2009 


News <>  and Events 


*	President Obama Takes Action to <>  Advance Biofuels Production 
*	DOE to Invest $786.5 Million in <>  Recovery Act Funds in Biofuels 
*	EPA's Proposed Renewable Fuel <>  Standard Tackles GHG Emissions 
*	DOE to Invest $93 Million in <>  Recovery Act Funds in Wind Power 
*	New Hospital Energy Alliance to <>  Promote Clean Energy in
Healthcare 
*	BLM to Invest Recovery Act Funds <>  on Renewable Energy Permitting 


Energy <>  Connections 


Study: Climate Targets Greatly Limit the Near-Term Use of Fossil Fuels

 

 In the absence of technologies to capture and sequester carbon dioxide, the
path to avoid dangerous levels of climate change requires that less than one
quarter of the world's proven fossil fuel reserves can be burned between now
and 2050, according to a new study. The study, published in the journal
Nature last week, finds that the world can have a reasonable chance of
keeping global warming within 2°C above pre-industrial levels, but only if
the world's nations can collectively limit their total emissions to one
trillion metric tons of carbon dioxide between the years 2000 and 2050. That
may sound like a lot, but the world has already burned through one-third of
that allowance in only nine years. 

On its current course, the world will reach the one trillion ton limit
within 20 years, rather than 40, and the prospect of controlling the global
temperature rise will be bleak. The study confirms the need to achieve
substantial reductions in global greenhouse gas emissions soon, as any
delays could add tremendous economic costs and technological challenges to
the goal of limiting the global temperature rise. That conclusion echoes the
findings of a report from McKinsey & Company that was reported
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iYm&&&128&&&http://apps1.eere.energy.gov/news/news_detail.cfm/news_id=12261>
in this newsletter in late February. See the press
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iYm&&&129&&&http://www.pik-potsdam.de/news/press-releases/on-the-way-to-phas
ing-out-emissions-more-than-50-reductions-needed-by-2050-to-respect-2b0c-cli
mate-target>  release from the Potsdam Institute of Climate Impact Research.

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