Jul 112008

Climate change and the secure supply of energy are among the biggest challenges of the twenty-first century. The problem is immense: While global greenhouse gas (GHG) emissions are currently rising faster than at any given time before, they will have to be halved by the middle of this century in order to prevent the most dangerous effects of global warming. And while energy-related emissions are already responsible for the largest share of GHG emissions, global energy demand is estimated to rise by 50 percent or more between now and 2030. The key problem we are facing is that our economic system, as it has developed since the second industrial revolution, is fundamentally built on the consumption of fossil fuels. If we do not succeed in altering the ways we produce and use energy, we risk running into a catastrophe open-eyed. AICGS Policy Report #34

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