• Finance & Investment

    Fossil fuel subsidies come at been a huge cost for society

    They are the organic substances made by the decay of animals and plants including petroleum, coal natural gas, and other fossil fuels. The precise composition of the fuel is determined by the fossil type and the temperature, pressure and the chemistry. Fossil fuels are often known as lignites or coal. They can be used to produce energy, or for the production of light and heat. The effect that fossil fuels are burned is to warm the earth. In the process of burning fossil fuels, it causes global warming, and also has numerous negative environmental consequences. They are estimated at 775-$1 trillion each year, based on the price of oil. But,…

  • Finance & Investment

    How Fossil Fuels Affect Our Climate

    Fossil fuels are hydrocarbon-containing substances of biological origin. They are useful for energy production. They include petroleum, coal, natural gas, oil shales, bitumens, tar sands, and heavy oils. These substances contain carbon, and are formed by geologic processes. In the Archean eon, plants and animals began to produce energy and store carbon dioxide. However, as fossil fuels were buried in the Earth’s crust, they began to emit carbon dioxide in such a way that they inhibited the carbon cycle from functioning properly. Rebel News Canada The carbon dioxide that is released by the combustion of fossil fuels contributes to global warming. It accumulates in the atmosphere and dissolves in oceans.…