The problem of ‘peak oil’ is also related to the issue of global warming. Wen oil production peaks and starts declining, i will be necessary to use other substitutes besides renewable resources examined above, sch as coal. Tis will be necessary to power electric and hybrid vehicles and as the material converted into diesel fuel. Tese processes producing carbon dioxide will increase air and water pollution, ad adversely affect climate change. “herefore, apotential effect of climate change is increased environmental damage and more rapid climate change” (Grant 5).
shortages of fossil-fuel supply is not considered likely, oce other fossil fuels’ interconvertible use with oil is established. “ven the arrival of ‘peak oil’, te point at which production reaches a maximum – would not mean a global energy shortage at today’s prices” (Lackner and Sachs 217). Hwever, i is necessary that public policy should include the transition from oil to other sources of liquid fuel which will require a significant lead time and engineering. Evironmental concerns will rise, rlating to increasing concentrations of atmospheric carbon dioxide acting as gas.
Dspite using low-cost, ralistic technologies to eliminate the carbon challenge through carbon capture and sequestration (CCS), ad converting vehicles to cost-effective hybrid models, amospheric carbon concentrations will continue to rise because of increasing economic growth. Hnce, masures have to be taken to reduce atmospheric pollution while investigating new energy resources for the future. Deter Holm and Jennifer McIntosh (56) state that in developing countries improved access to clean modern energy is the first measure towards poverty reduction, ad a key to fulfilling the United Nations Development Goals. (ISES) papers on renewable energy policy measures and incentives assert the requirement to organise a Renewable Energy (RE) transition in the developing world.
Te ISES emphasizes that for achieving effective outcomes, rnewable energy transition should be immediate, rpid and orderly, ad based on national policies and international cooperation, sates Van Staden (1). Acording to the ISES (6), asummary of its policies include first, te establishment of transparent, cnsistent, lng-term targets and regulatory frameworks. Tis policy states that the Kyoto. ..
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