The term “energy transition” refers to the gradual and global shift away from non-renewable fossil fuels and toward renewable energy resources such as wind, hydroelectric, solar, and so on. Considering the rate at which we are consuming non-renewable resources, we are forced to make an energy transition for our descendants who are going to live here in the future just like switching to the newly popular nowe kasyna z bonusem bez depozytu.
At a summit conducted by the United Nations Framework Convention on Climate Change (UNFCCC) in 2015, 192 countries and the European Union signed the Paris Agreement. This agreement focuses on tactics to reduce emissions of carbon dioxide and other greenhouse gases such that global warming stays below 2 °C. And, because the combustion of fossil fuels is a major contributor to global carbon emissions, several steps are being taken toward an energy transition.
While renewable energy sources are so good, there are still many countries that do not have the proper infrastructure and capacity to use such renewable resources for powering the whole country.
The above issue is being tackled by transition fuels. Transition fuels are fuels with lower carbon content. Liquefied Natural Gas (LNG) is a popular transition fuel all over the globe. These are still fossil fuels but are good enough to fill the gap between the required energy and the amount of energy produced by renewable resources. This might be highly efficient in regions that depend on coal as their power source. LNG is a proper way of shifting, and it is in the right direction. This would be a tremendous success only if the countries that adapt to LNG see it just as a transition fuel and do not stick around with it for many years without improving their renewable energy production capacities.
The most important aspect required for a smooth shift from non-renewable to renewable energy resources is the combined efforts of all the countries. The UNFCCC’s Nationally Determined Contributions (NDCs) continue to communicate with one another about their efforts to reduce greenhouse gas emissions and suggest improvements.
The Paris agreement also speaks about the financial, capacity-building, and technical support that countries should provide to each other.
- Financial: The developed countries should be major contributors in helping the underdeveloped and developing countries in this shift and should also help if there are any adverse effects while this transition takes place.
- Capacity Building: Similarly, developed countries should assist developing countries with capacity building.
- Technology: The Paris Agreement has a framework for technology that is effective, and if any developing country faces issues with its implementation, developed countries should be ready to do the needful.
Tracking of progress
The Paris Agreement also established the ETF (Enhanced Transparency Framework) where the progress of each NDC is calculated. From 2024, all the NDCs will be constantly updating their progress, and if there is any issue, it will be sorted.
This is happening all over the world to have a better future. The UNFCCC aims to have zero-carbon solutions representing more than 75% of the global emissions by 2030.