Over 2014 the world’s energy consumption has increased, as can be conluded on basis of the June-2015 numbers of the BP Energy Statistical Review. The majority of resources to fuel this growth are still fossil based.The share of renewables is rapidly growing in importance. However, decreasing world fossil fuel consumption and fueling the growing energy consumption by renewable sources still remains a daunting challenge.
The growth of fossil fuels and renewables from 2008 (credit crisis) onward, tends towards reaching growth parity. The big question is when will the growth of the world’s renewable energy consumption turn into growth dominancy?
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How to understand the dynamics of ETS for renewable fuels in the maritime sector
The maritime sector faces a fast-changing policy landscape. With the maritime sector now included in the scope of the EU emissions trading system and FuelEU Maritime fully applied from this year, fast action will be