Fossil Fuels are finite
"To truly transform our economy, protect our security, and save our planet from the ravages of climate change, we need to ultimately make clean, renewable energy the profitable kind of energy." BARACK OBAMA, Address to Joint Session of Congress
Fossil Fuels and the Future Energy Challenge
Our dependency on imported energy also stands as a fact that there is no denying. In 2017 Ireland imported 66% of its energy from abroad. With changing political climates and fossil fuel resources worldwide decreasing, it would not be wise for us as a country to continue to rely on imported energy to this degree.
Imported energy is predominantly in the form of fossil fuels which are not only polluting and adding to the climate change challenge, they are also finite!
The way we as people harness and use energy will be challenged in the coming years. The world is heavily dependent on depleting fossil fuel reserves and the population of the world continues to grow. In Ireland, we import approximately 66% of our energy requirements through oil and natural gas.
It is estimated that there will be an additional 1 million people living in the Republic of Ireland by 2050. That equates to an increase of over 20% in terms of people – all with a demand for electricity.
In 2019, the Joint Oireachtas Climate Action Committee set out a recommendation that Ireland should aim to achieve 70% renewable electricity by 2030.
We all need to think, not only about how we use electricity but also about how it is going to be generated!
What other countries are doing:
- Denmark has taken steps towards banning the installation of any new oil fired central heating in new buildings and in existing buildings where natural gas or community heating is available as part of their move towards a low carbon economy.
- Great Britain is developing significant renewable energy facilities along with progressing Nuclear Energy as part of their answer to the challenges ahead.
- Saudi Arabia (which has the second largest oil reserves in the world) launched a blueprint for their long-term goals called Vision 2030. One of these goals is to achieve near total government independence from oil revenues by 2030.
Fossil Fuels are not only polluting – they are finite!