Global Energy Demand and Concerns
At a minimum, the landmark climate agreement of 2015 aims to restrict the average global temperature increase in the current century to ‘just below 2 °C,’ relative to pre-industrial times. In conjunction with steadily improving energy efficiency, renewables constitute the cornerstone of a climate solution. Immediate action would be critical in order to satisfy the below 2°C objective. In order to achieve this goal, accumulated emissions must at least be reduced by a further 470 gigatons (Gt) by 2050 relative to existing and expected (business-as-usual) policies.
The key pillars of the transition towards energy are energy conservation and renewable energy. Although climate change can be
mitigated in various pathways, the route renewable energy and energy efficiency at the necessary speed together can provide the 90 percent of the two-thirds globally expected electricity demand of 2050. Countries will be able greatly generate their own energy demand on by themselves.
A roadmap prepared by the International Renewable Energy Agency (IRENA), indicates that 60% or more of the overall final energy
mitigated in various pathways, the route renewable energy and energy efficiency at the necessary speed together can provide the 90 percent of the two-thirds globally expected electricity demand of 2050. Countries will be able greatly generate their own energy demand on by themselves.
A roadmap prepared by the International Renewable Energy Agency (IRENA), indicates that 60% or more of the overall final energy
demand of many countries will be made up of renewables (TFEC). For example, from 7 percent in 2015 to 67 percent in 2050 China
could increase the share of renewable energy in its energy use. The share could rise from about 17 percent to over 70 percent in the
European Union (EU). India and the United States could see a two-thirds or greater rise in shares.
The transformation will greatly improve overall jobs in the energy sector with holistic policies. The transition to renewables, on the other hand, will generate more employment in the energy sector than the fossil fuel industry has lost. The REmap case would result in the loss of 7.4 million fossil fuel jobs by 2050, Yet renewable energy, energy conservation, grid expansion and energy flexibility will generate 19.0 million new jobs, with a net benefit of 11.6 million jobs.
