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40 Percent of Countries with Largest Shale Energy Resources Face Water Stress

Dozens of countries are deciding whether or not to develop their shale gas and tight oil resources, as shale gas could boost recoverable natural gas resources by 47 percent, cut greenhouse gas emissions compared to coal, create new revenue and jobs, and raise national energy supplies.

However, extracting natural gas and tight oil from shale poses water risk. We analyzed water stress levels in the 20 countries with the largest shale gas and tight oil resources, and found that 40 percent face high water ress or arid conditions.

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The Plain Bad Economics of Today’s Energy Prices

Christine Lagarde, Managing Director of the IMF, recently launched the latest book in a series on what good fiscal policy should look like in a world of environmental externalities.

The message was clear: Ministers of finance and economics should design their tax systems skillfully so as to tax bad things, like pollution and congestion, rather than good things like work and profit. Not to do so is plain, bad economics.

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The Price Is Wrong: New Report Calls for Fossil Fuel Prices that Reflect Environmental Costs

A new report from the International Monetary Fund (IMF), Getting Energy Prices Right: From Principle to Practice, argues that the costs of coal, natural gas, gasoline, and diesel fail to account for these fuels’ environmental and social impacts—such as greenhouse gas emissions, air pollution, and traffic deaths.

Setting prices that reflect these side effects—through taxes, licensing, or cap-and-trade systems—could reduce deaths from fossil fuel-related air pollution by 63 percent, decrease global carbon dioxide emissions by 23 percent, and generate revenues totaling about 2.6 percent of global GDP.

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What Does Environmental Democracy Look Like?

At its core, environmental democracy involves three mutually reinforcing rights: the ability for people to freely access information on environmental quality and problems, to participate meaningfully in decision-making, and to seek enforcement of environmental laws or compensation for damages

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Corporate Renewable Energy Buyers' Principles

Increasing Access to Renewable Energy

The Corporate Renewable Energy Buyers' Principles frame the challenges and common needs faced by large renewable energy buyers.

Twelve corporate signatories developed these principles to spur progress on resolving the challenges they face when buying renewable energy, and to add...

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