The shift from fossil fuels to renewables is a top priority in the world to fight against climate change and promote sustainable development. This chapter explores the politics of energy transition, detailing fossil fuel and renewable comparative advantage and risk. It highlights the importance of technological innovation, policy frameworks, and market mechanisms in facilitating the transition. Additionally, there is a conversation on the geopolitical implications of the energy transition, particularly in terms of energy security and economic development. This transition will be examined in the chapter, particularly looking at the cases of countries that have transitioned, to explore whether additional innovations and emerging trends could pave the way for an environmentally sustainable and economically viable energy transition.

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Energy Transition: Fossil Fuels Versus Renewables

  • Michael Oyedele Oyenuga,
  • Rubee Singh,
  • Stella Bolanle Apata,
  • Shahbaz Khan,
  • Vikas Kumar

摘要

The shift from fossil fuels to renewables is a top priority in the world to fight against climate change and promote sustainable development. This chapter explores the politics of energy transition, detailing fossil fuel and renewable comparative advantage and risk. It highlights the importance of technological innovation, policy frameworks, and market mechanisms in facilitating the transition. Additionally, there is a conversation on the geopolitical implications of the energy transition, particularly in terms of energy security and economic development. This transition will be examined in the chapter, particularly looking at the cases of countries that have transitioned, to explore whether additional innovations and emerging trends could pave the way for an environmentally sustainable and economically viable energy transition.