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"We believe the lack of new investment in greenhouse gas intensive energy companies confirms a common understanding between Yale and its external managers," Swensen said.
It demands huge amounts of energy to extract thick black petroleum from the earth, 3.2 to 4.5 times more greenhouse gas intensive than conventional oil.
The executive order from Trump on the Keystone XL pipeline threatens to undo a major decision by Obama, who said the project would contribute to climate change because it would carry tar sands crude oil, which is especially greenhouse gas intensive because of the energy it takes to extract the thick crude.
The gas intensive manufacturing industries that are locating new production facilities in the US to take advantage of low prices are going to be very difficult to cut off once the deliverability crisis begins.
A realistic pathway to limiting consumption would be to transition to a system where materials are conserved and cycled through the economy as many times as possible and as slowly as possible, greatly reducing the greenhouse gas intensive processes of resource extraction, resource processing and waste management.
Indeed, the justification for Romney's oil and gas intensive energy policy in the United States is ostensibly twofold: jobs -- more than three million new ones are at stake, the candidate claims -- and that elusive thing called "energy independence".
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Romilly Madew, CEO of the Green Building Council of Australia, says replacing up to 40% of cement content with these types of materials can be up to 30 times less greenhouse-gas intensive than Portland cement.
In halting the Keystone construction in late 2015, Obama argued that the project would contribute to climate change because it would carry tar sands crude oil, which is especially greenhouse-gas intensive because of the energy required to extract the thick crude.
But much less drastic measures could also make a difference, he said: "It doesn't require binary choices — people don't have to become vegetarian or vegan, they can just eat less meat". Just reducing consumption of red meat, the most greenhouse-gas intensive food, could reduce emissions by almost a third, according to Smith.
Because beef is such a greenhouse-gas intensive food, the researchers looked for unintended impacts, such as lowering beef prices to the point where people want to consume more, or raising beef prices to the point where beef production is increased elsewhere.
"We're an energy-intensive sector – we're mainly gas-intensive but we use an awful lot of electricity as well.
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