


Energy and Climate Change
Globally, about two-thirds of global greenhouse gas emissions are related to the burning of fossil fuels, aimed at extracting energy, which is used for heating, electricity generation, and in individual economic sectors (transport, industry, agriculture, tourism and others). Energy processes in Europe are the largest source of greenhouse gases – about ¾ of the European Union's total emissions.
Just as energy production has an impact on the climate, so the climate is having an increasing impact on the energy sector. For example, changes in the water cycle can lead to changes in the regime of electricity production from hydropower plants, and higher temperatures increase the need for energy for cooling in summer, while reducing the demand for heating in winter.
Greenhouse gas emissions from energy production and consumption can be reduced in two ways:
- by choosing cleaner energy sources – for example, by replacing fossil fuels with renewable energy sources whose operation is not based on combustion processes;
- by reducing overall energy consumption by saving energy and increasing energy efficiency – for example, by improving the insulation of buildings or using greener modes of transport.
According to experts, to date, about 1/4 of the world's electricity production is based on renewable energy sources, and their share is projected to increase to 1/3 by 2040. However, there are obstacles to their faster implementation - these are both the requirements for the relatively high level of technological know-how and the need for long-term investments. That makes the renewable energy sources significantly more expensive than conventional energy sources – the fossil fuels.
However, to avoid the worst-case scenarios of climate change impacts, the shift from conventional to renewable energy sources must take place soon, long before fossil fuels run out. Given the urgency of such a large-scale challenge, the question arises as to whether it is worth further planning and investing in fossil fuel-based energy. In this regard, policy decisions to subsidize one or the other type of energy source can influence investment decisions.
Learn more about renewable energy, energy saving and energy efficiency:
- Solar energy conversion into heat
- Solar energy conversion into electricity
- Wind energy
- Geothermal power and heat pumps
- How to save energy while heating
- How to save energy while cooking and cooling
- How to save energy for lighting
- How to save energy while ironing, cleaning and washing
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