Energy consumption in the transportation sector, 1949-2014 (Image: US EIA)

How The Transportation Sector Is Moving Away from Petroleum

More than 8% of fuel used by the transportation sector came from non-petroleum sources in 2014 The transportation sector is moving away from oil slowly but surely. Driven by growth in the use of biofuels and natural gas, non-petroleum energy now makes up the highest percentage of total fuel consumption for transport since 1954, according

Fossil fuels subsidised by $10m a minute, says IMF

‘Shocking’ revelation finds $5.3tn subsidy estimate for 2015 is greater than the total health spending of all the world’s governments Fossil fuel companies are benefitting from global subsidies of $5.3tn (£3.4tn) a year, equivalent to $10m a minute every day, according to a startling new estimate by the International Monetary Fund. The IMF calls the