FUTURE OF FOSSIL FUELS IN A CARBON-CONSTRAINED WORLD

Аннотация

The future of fossil fuels in a carbon-constrained world presents a complex interplay of economic, environmental, and technological factors. As global awareness of climate change intensifies, the demand for sustainable energy solutions has surged, prompting a reevaluation of fossil fuel reliance. This paper explores the potential trajectories of fossil fuel usage, considering the implications of international climate agreements, advancements in renewable energy technologies, and shifts in public policy. Through a comprehensive analysis of current trends and future projections, this research aims to provide insights into how fossil fuels may adapt or decline in a world increasingly focused on carbon neutrality. The findings suggest that while fossil fuels will continue to play a role in the global energy landscape, their dominance will diminish as alternative energy sources gain traction and regulatory frameworks tighten.