Assignment on Global Energy Outlook

Added on - 21 Apr 2020

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Running head: GLOBAL ENERGY OUTLOOKGlobal Energy OutlookName of the student:Name of the university:Author note:
1GLOBAL ENERGY OUTLOOKTable of ContentsIntroduction......................................................................................................................................2New policy statements by American President...............................................................................2American President’s decision to quit from the Paris Agreement...................................................3Climate Change Policy....................................................................................................................4Concept of Environmental sustainabilityand global warming....................................................4Switching to renewable energy........................................................................................................5Conclusion.......................................................................................................................................6References........................................................................................................................................7
2GLOBAL ENERGY OUTLOOKIntroductionGlobal warming due to the climate change has caught the attention of many globalagencies such as the International Energy Agency (IEA), Organization for Economic Co-operation and Development (OECD) and the United States Environmental Protection Agency(EPA). There have been many several policies framed to address the growing issue (Lane 2017).One of such concerns has been shown by theParis Agreement, which took on the climatechange. The policy is continually focused in reducing the greenhouse gas emissions in Air(Peters 2017). However, an effective outcome is still expected. What is more ironic was theseparation of the United States from the Paris Agreement. Meanwhile, it has become a matter ofserious concern because the greenhouse gas emission is expanding in its availability in air.Transportation is one of the potential contributors in the rising natural gas emission. The growingurbanization in China and India has fuelled this fact strongly. The coming future is expected tosee a rise in demand for the every kind of vehicles. Additionally, the Electric Vehicles (EVs) thatare supposed to reduce the CO2 emission in air is still way behind to capture the global market(Fripp 2017). Moreover, it seems evident that there is a continuous increment in green gasemission.New policy statements by American PresidentThe Trump decision to quit the United States participation from the Paris Agreement tookmany with surprise.Experts believe that the decision could have two-fold objectives. The firstone could be to eliminate the entire polices made under the administration of Obama and theother to remove any obligations, which cause the domestic energy development to sufferespecially the fossil fuel (Aldy 2017). However, as per the report submitted by EIA in 2017, it
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