The world’s demand for energy has steadily increased in recent years, driven by economic and population growth, coupled with the need to reduce greenhouse gas emissions. However, using fossil fuels to meet the energy demand has led to various environmental and social problems, including air pollution, climate change, and geopolitical conflicts. As a result, there has been a growing interest in shifting from fossil energy to green energy sources, which offer a cleaner, and often more cost-effective alternative. This essay will explore the opportunities and challenges of transitioning from fossil energy to renewable energy, with a focus on the economic, environmental, and social implications of this shift, throughout the current state of renewable energy technologies and their potential for widespread adoption, as well as the political and regulatory frameworks that facilitate or hinder this transition. The essay also provides an empirical literature overview of the costs and benefits of transitioning from fossil fuels to renewable energy, including the impact on the environment and employment. I argue that while the transition to renewable energy will not be easy, it is necessary to ensure a sustainable future for our planet and future generations
| Identifer | oai:union.ndltd.org:UPSALLA1/oai:DiVA.org:lnu-121237 |
| Date | January 2023 |
| Creators | Masri, Bakri |
| Publisher | Linnéuniversitetet, Institutionen för nationalekonomi och statistik (NS) |
| Source Sets | DiVA Archive at Upsalla University |
| Language | English |
| Detected Language | English |
| Type | Student thesis, info:eu-repo/semantics/bachelorThesis, text |
| Format | application/pdf |
| Rights | info:eu-repo/semantics/openAccess |
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