Explainer: What is the energy transition and which countries are most resilient to it?“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹

  • Date: 01-Jun-2021
  • Source: The National
  • Sector:Oil & Gas
  • Country:Gulf
  • Who else needs to know?

Explainer: What is the energy transition and which countries are most resilient to it?“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹

Rising global temperatures and sea levels have necessitated drastic action by the global community to mitigate the adverse effects of climate change. Ahead of the UN Climate Change Conference (Cop 26) in the Scottish city of Glasgow in November, world leaders are preparing to future-proof their economies from climate disasters as well as accelerate the pace of transition away from fossil fuels.



What is the energy transition?

Energy transition refers to the concerted global move away from fossil fuels to zero-carbon technologies by the middle of this century. Several countries and fossil fuel-based companies have adopted various roadmaps and pathways to chart their path