Why We Are Not Taking Climate Action Fast Enough

During my studies/research on climate and environmental topics from a wide variety of angles since several years back, I have noticed how much progress has been made around the world in terms of environmental protection, and concrete climate action.

With climate change deniers, resistants, apathetic individuals and those who talk the talk without actually walking their talk, our world has plenty of individuals who actually are fully dedicated in their everyday lives to tackling both climate change and environmental destruction. These individuals take action in their personal lives, create businesses and contribute to/make significant political decisions in terms of protecting our local/global environment without which things could look much worse than they actually are today.

In terms of communicating climate and environment-related topics local and global journalism/media play a significant role; how else would the crowd be informed about any development that is taking place? Well-informed citizens of any country, or people who dig deep into specific topics out of personal or business interest of course know how to search for information through a wide variety of sources, which today is even more simple than ever thanks to the Internet and people around the world having public access to information and reports, many times for free.

Nevertheless, and despite important political decisions and legislative changes in terms of environmental protection, journalism and media have a huge responsibility and lots of power when it comes to bringing public awareness about specific issues, climate change and environmental protection. Anthropogenic climate change and environmental protection are both no new topics.

Those with longer life experience and more years behind them know that specific climate/environmental issues have been discussed for several decades. In recent years, however, there has been a significant increase in climate change and environmental topics brought up by various media outlets. Since the Paris Agreement was signed on April 22nd 2016, most countries on our planet have actually pledged to concrete climate action; some countries with more ambition than others.

The main goal of the Paris Agreement is for all countries that have signed (and ratified) the agreement to take concrete actions in order to stop global warming and to prevent global average temperatures from rising above 1,5 degrees Celsius (34,7 Fahrenheit), since research indicates that even slight increases in global (or regional) average temperatures can and will lead to drastic changes worldwide in terms of for instance food security. The purpose of the Paris Agreement is also to ensure that countries take all possible action to reduce GHG ́s (greenhouse gas emissions), which are found to be increasing the global average temperatures through the warming effect that these create.

The question is, however: Do We Take Climate Action Fast Enough?

In the global energy sector, renewable energy sources (excluding nuclear energy), today account for 25,6 % of the total global energy sector, a vast majority of which comes from hydropower (15,9 %). (IHA 2019). Despite the growing capacity of renewable energy sources worldwide in recent years, energy-heavy sectors such as cooling, heating and transport lag behind and renewable energy sources such as solar and wind today account for 2,1 % respectively 4,6 % of total global energy. (IHA 2019; REN21 2018).

Climate marches and school strikes on behalf of climate action and environmental protection that gather millions of people together around the world of course bring an important message and put increasingly much pressure on both educational institutions and schools, businesses in all industries, and governments/politicians, but the focal point here is to focus upon concrete action, which can be taken on various levels throughout societies: in our personal lives, in businesses, and in terms of legislation.

It is comforting to notice that despite of certain climate change resistance or complete ignorance even among world leaders, major cities around the world and in countries such as the U.S. are committed to taking action and concrete measures to either eliminate or reduce their carbon emissions, including for instance New York, Los Angeles and Chicago. Furthermore, research and reports published by IRENA and OPEC reveal how even traditional oil-drilling/oil-producing regions invest into renewable energy sources such as solar and wind.

Nevertheless, with a rapid population growth globally and a continuous increase in energy consumption worldwide, environmentally more sustainable solutions are much needed to keep up with the current development in order to meet the demands of the Paris Agreement which aims not only to protect, but in fact to save our planet Earth from complete destruction.

Anne-Maria Yritys 13.5.2019

 

Global Climate Change Think & Act Tank

What Do You Know About The Global Renewable Energy Market?

Worthwhile to notice that IRENA (International Renewable Energy Agency) is not recognizing nuclear energy as a source of renewable energy.

 

Renewable energy sources include hydropower, marine energy, wind energy, solar energy, and bioenergy: solid biofuels and renewable waste, including renewable municipal waste, other solid biofuels, liquid biofuels and biogas, although much of bioenergy can be problematic for instance since more and more forests are being cut down in order to produce biofuels.

 

Growing (eatable) crops in terms of biofuel production does not make any sense in a world where the vast majority of all land has already been overexploited and has thus suffered from intensive farming, in addition to the fact that immense amounts of forests around the world are being cut down daily just in order to expand production plantations for biofuels. This is very short-sighted, and unsustainable.

 

According to a number of sources, including The Guardian, one football pitch of forest is being lost EVERY ONE SECOND (2017)!!!

 

That makes 31.536.000 football pitches of lost forests worldwide every single year!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

 

Needless to say, this is extremely unsustainable, especially if and when these land areas are being used solely for the production of biofuels.

 

Anne-Maria Yritys 5.2.2019.

 

Read more at IRENA: Renewable Energy Statistics

 

Why is World Energy Demand Growing?

Global demand for energy grows and increases due to:

  1. Rapidly growing world population, estimated to reach 10 billion (10.000.000.000) by 2050, unless something drastic occurs.
  2. Growing middle class and an increase in wealth in countries like India and China
  3. Powerless countries and regions gaining access to energy through renewables, especially solar energy.

According to OPEC, even traditional oil producing countries have for long already been investing heavily into renewable energy sources, and have acknowledged the importance of reducing traditional energy sources including fossil fuels.

The faster the transition to renewable energy sources, the faster we can move away from fossil fuels that according to vast research around our globe are the main source of greenhouse gases that lead to the greenhouse effect that is raising the average temperatures on Earth.

 

Link to article:

National Geographic: How solar lanterns are giving power to the people

 

 

 

Why World Energy Demand is Growing

Global demand for energy grows and increases due to:

1. Rapidly growing world population, estimated to reach 10 billion (10.000.000.000) by 2050, unless something drastic occurs.
2. Growing middle class and increase in wealth in countries like India and China
3. Powerless countries and regions gaining access to energy through renewables, especially solar energy.

According to OPEC, even traditional oil producing countries have for long already been investing heavily into renewable energy sources, and have acknowledged the importance of reducing traditional energy sources including fossil fuels.

The faster the transition to renewable energy sources, the faster can we move away from fossil fuels that according to vast research around our globe are the main source of greenhouse gases that lead to the greenhouse effect that is raising the average temperatures on Earth.

Anne-Maria Yritys 11.11.2018

 

Link to article:

National Geographic: How solar lanterns are giving power to the people

Photo Credit: Falk Lademann on Flickr

How Can Artificial Intelligence Improve The World Energy Market?

With a rapidly increasing number of companies using some form of artificial intelligence (AI), such as big data automation, predictive/prescriptive analytics, machine learning, expert systems, neural networks, interactive voice response technologies, and avatar technologies, in their business models, artificial intelligence is forecast to disrupt all industries. With only a small percentage of businesses not yet using or not even planning to utilize artificial intelligence in any way, according to Infosys and Harvard Business Review, some opinions state that within a decade from now, managers not using AI will be replaced by those who do. 

As stated by Infosys, the main reasons for applying various forms of AI, as the findings of the study “Amplifying Human Potential: Towards Purposeful Artificial Intelligence” reveal, were:

  1. Automation of IT processes
  2. Automation of business processes
  3. Increase innovation
  4. Improve employee knowledge and skills
  5. Increase employee productivity
  6. Improve decision-making
  7. Increase revenues
  8. Save costs
  9. Improve go-to-market time
  10. Improve customer experience

Franklin Wolfe writes in How Artificial Intelligence Will Revolutionize the Energy Industry, a special edition on Harvard University ́s blog on August 28, 2017, artificial intelligence and the energy sector are becoming more and more interconnected, whereby choosing a career path in either of these sectors does not necessarily signify excluding the other. Phil Goldstein, on the other hand, writes in his article in BizTech on October 25, 2017 that AI can support the energy industry in many ways: in improving energy efficiency, predicting possible blackouts and failures, and even support human beings in detecting completely new sources of energy. 

According to technology research and advisory firm Gartner, 85% of all customer interactions will be managed without a human by 2020. Global Energy Business BP already explores how performance in the oil and gas industries can be improved with the help of artificial intelligence. According to technology expert Walker at BP, AI algorithms i.e. processes are about to transform how BP optimizes its operations. 

Learn more by watching Stanford Graduate School of Business ́s video “Andrew Ng: Artificial Intelligence is the New Electricity”:

Connect with me on Twitter @annemariayritys. For climate/environment-related posts only @GCCThinkActTank. Subscribe to Yritys Executive Services to receive my latest posts.

 

 

 

Natural Gas as a Source of Methane Emissions Worldwide

chart (1)

With the United States of America currently leading the production of natural gas hydrocarbons, followed by Russia, Iran, Qatar, Canada, China, The European Union, Norway, Saudi Arabia, and Turkmenistan, natural gas along with the oil/petroleum industry account for 20% of total methane emissions worldwide. In its World Oil Outlook 2040, OPEC estimates that the largest upcoming energy demand will come from natural gas, with an average annual growth of 0.4 % from 2015 to 2040. (Global Methane Initiative 2010; Central Intelligence Agency 2017; U.S. Energy Information Administration 2017; OPEC 2017).

Following table chart illustrates OPEC´s forecast for the world primary energy demand by fuel type from 2015 to 2040. According to OPEC´s estimations, the demand for gas will increase by a rate of 1.8% p.a. during this time period, with the majority of demand coming from non-OECD countries and the most rapid economic growth in the developing world. OPEC projects the global economy in 2040 being 226% in comparison to 2016, with 3/4 of growth coming from developing countries. China and India are forecast to account for almost 40% of the global GDP in 2040. (OPEC 2017. World Oil Outlook 2040).

 

Untitled presentation

The OPEC acknowledges the relation between population growth and energy demand, however, considering a number of variables for instance in consumer trends. It also states how energy markets are affected by government policies and recognizes the need to monitor these on a regular basis, taking into consideration for instance the Paris Agreement and the Sustainable Development Goals, with energy efficiency and clean energy now trending development. The OPEC is closely monitoring worldwide energy market and policy developments, mentioning the USA, the European Union, China, and India at the forefront.

OPEC estimates that total world primary energy demand by fuel type from 2015 to 2040 will see an increase of 3.6% for gas, 1,5% for nuclear energy, 0.3% for hydro energy, and 4% for other renewables, while the demand for oil would decrease by 4.2%, coal demand decreasing by 5.1%, and biomass demand decreasing by 0.1% during the time frame. The OPEC identifies energy efficiency as a critical uncertainty for the energy market with policies concentrating on reducing emissions through a number of measures related to financial and fiscal instruments. (OPEC 2017. World Oil Outlook 2040).

The U.S. Energy Information Administration presents natural gas as a proportionately clean burning fossil fuel, although exploration, drilling and production have direct impacts on the environment, in addition to the fact that natural gas consists mainly of methane which is a powerful greenhouse gas. Leaks from natural gas-related activities such as pipelines are causing toxic anthropogenic methane emissions. (eia 2017). Despite of the many environmental and health risks related to fossil fuels such as natural gas, the global energy market will continue to depend on these. The OPEC projects that oil and gas combined will supply for more than 50% of global energy needs between 2015-2040. Gas alone is estimated to have a share of 29% in OECD, 20.8% in developing countries, and 45.4% in Eurasia in 2040. In China, gas is forecast to account for 10.6% of energy demand in 2040, while coal is expected to drop down to 48.6% from 64.3% in 2015. (OPEC 2017).

The OPEC estimates that the highest growth in gas demand in the OECD region will be in OECD America, recognizing key influences related to the overall demand of natural gas and its dependency on multiple critical factors including gas supplies, competition,  regulations, and pricing.

For instance in Finland, the national Energy Authority reports that “The Finnish natural gas market has been under sector-specific regulatory supervision since the assertion of the Natural Gas Market Act in August 2000”. The natural gas market in Finland has currently no competition, with 100% of the natural gas is being imported through one pipeline from Russia and traded on the Finnish market by one single company. In Finland, the demand for natural gas has been in decline for several reasons, with natural gas accounting for some eight (8%) of total generation fuel mix in 2014, with the baseline for energy demand being market-based. (energy authority Ref: 1842/601/2015/; Finnish Energy 2017).

 

Connect with me on Twitter @annemariayritys. For climate/environment-related posts only @GCCThinkActTank. Subscribe to Leading With Passion to receive my latest posts.

 

Take a step further to create YOUR online business. Learn more about the many benefits of how to create a beautiful website with WordPress.com and how to monetize your blog/website: 

 

WordPress.com – Create A Beautiful Website

Jetpack – The ideal way to experience WordPress – Code-free Customization

WooCommerce – The most customizable eCommerce platform for building your online business