GEOU5022-Global Energy Outlook Within Contemporary
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GSM London
Global Energy for Terms of Technology Advancements (GEOU5022)
Added on 2020-04-21
GEOU5022-Global Energy Outlook Within Contemporary
GSM London
Global Energy for Terms of Technology Advancements (GEOU5022)
Added on 2020-04-21
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Running head: GLOBAL ENERGYGlobal EnergyName of the student:Name of the university:Author note
1GLOBAL ENERGYRenewable energy is the energy that is collected from the renewable and naturallyreplenished sources such as sunlight, wind, rain, waves, tides and geothermal heat. It isresponsible for providing energy in the four significant areas of electricity production, heating orcooling of air and water, transportation and rural energy services. It is the fastest growing sourceof energy in the US which has increased to 67% in 16 years. It makes up to 15% of the total USelectricity production with a large portion coming from the hydropower and wind power. In theinternational level, the renewable energy makes up to 24% of electricity generation with a largepart from hydropower. It was observed by IEA or International Energy Agency that thedevelopment as well as exploitation of the renewable energy technologies is totally dependent ongovernment policies for making it cost- effective. The record from last year focused on theconsumption of 10% energy in all the sectors of USA (Bilgen 2014). The threat of climate change is addressed with a global concern by the UN FrameworkConvention on Climate Change with a long term objective to prevent the harmful substancesfrom interfering with the climate system. With the adaptation to climate change the effects wouldinclude appropriate action for minimizing the damage that can lead to the exploitation ofopportunities (Cole 2015). Adaptation of climate change policies can affectthe economic sectorsand also indulge a number of levels of decision- making. A large amount of subsidy was paid bythe federal government for fossil fuels to renewable in six years from 2002- 08. In March 2017, the new president of the United States Donald Trump signed an orderwhich modified the climate change regulations of Obama government. This had made adetermined effort to provide support to the coal industry which had put a question mark on thesupport of US for a worldwide agreement to battle global warming. The aim of the order wasformer President Obama’s Clean Power Plan which called for a reduction in carbon emission
2GLOBAL ENERGYfrom the factories (Davenport 2014). This was considered as the main factor in US’s ability tocope up with the commitments of climate change pact reached by around 200 nations in Paris inthe year 2015. The verdict of Trump had also turned around the ban on the coal lease of thefederal lands which undid the rule of reducing the emission of methane from oil and gasproduction thus decreasing the burden of climate change and the carbon emission in the normsand infrastructure concerned with decision (Hayes and Knox-Hayes 2014). The decision takenby Trump received loud applause from the miners, executives of Coal Company and staffs fromthe industry groups thus increasing the response of US Coal Company’s shares. This large rangeof orders is the strongest step taken by Trump for tailor cutting the environmental regulation forrefreshing the drilling and mining industries as per his promise in the presidential campaign of2016. The Clean Power Plan of the Obama government had set attainable standards fordecreasing the emission of CO2 by 32% in 25 years from 2005 to 2030. The plan had a numberof criteria for protecting the health of American family and save the average American familythus boosting the economy of the country (Hopkinson et al. 2017). The average annualtemperature of the world had increased by more than 1.5 degree Fahrenheit in a gap of 132 years.It is recommended by the scientists that by avoiding 2 degree increase in temperature the mostdisastrous impact can be prevented. The Obama government had created stronger fuel economy standards which will increasethe efficiency value by 2025. With the increase in clean energy the country had increased thesolar energy production by 20 times and thrice the generation from wind power. In the year2012, the greenhouse gas pollution was decreased to the minimum level in approximately 20years. 35 states of the country have renewable energy targets and more than 25 states have set thetarget for energy efficiency (Long 2016). This much was not enough for the Obama government
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