Asia Global Energy Review-The global energy challenge: Awash with carbon

Asia Global Energy Review-The global energy challenge: Awash with carbon

Even though countries are burning unprecedented amounts of oil and gas, the estimates of how much is left

continue to grow, thanks to high prices and new technologies that have enabled companies to find and

extract new resources. A decade ago, it was the tar sands of Canada and Venezuela. More recently,

hydraulic-fracturing technologies have opened up oil and gas resources in the United States. Across the globe,

proven oil and gas reserves are 60% higher today than they were in 1991. At current consumption rates, those

reserves would last for about 60 years — and that could be extended by new discoveries and unconventional

deposits. Coal reserves have not increased in size, but the supply will last for at least a century at current rates

of consumption.

Renewables such as solar and wind power are growing faster than any other source of energy, but are barely

making a dent in fossil-fuel consumption. The scale of the challenge will only grow as the expanding global

population requires more energy. This tour of global and regional energy trends makes clear that even with

aggressive action to reduce energy consumption and curb emissions, fossil fuels will be around for a very

long time.

3 Replies

  • Excuse me for asking but what has this to do with overcoming Mental Health?

  • I was just about to ask what all the above has to do with depression?

  • not bad an alternative way to lose some depression reading off topics,my opinion It could be true but we need to try harder to this problem. So far the ways that you are probably speaking about aren’t enough and most often an alternative source only not a solution to the main problem.