The United Nations (UN) announced three core objectives
aimed at reducing greenhouse gas emissions. The objectives are included in
their Sustainable Energy for All (SE4All) initiative. Could this possibility be
the reprise of the Kyoto Protocol and can we have a short-term impact on the
global carbon budget?
The three core objectives are to; provide universal access
to modern energy, double the rate of improvements to energy efficiency, and
double the share of renewable energy to the global energy budget.
Access to modern
energy
A number of developing countries and rural communities have
entered the 21st century with a lack of modern energy; nearly 1.3
billion people live life without access to electricity and 2.6 billion people
use traditional biomass combustion to cook their meals. In order to
revolutionize their daily lives it will cost approximately $1 trillion dollars
through 2030 equating to $49 billion per year to meet this objective alone.
Doubling the rate of
improvements to energy efficiency
Doubling the rate of improvements to energy efficiency could
have dramatic effects on the global energy budget. This initiative, if
successfully implemented, would reduce energy demands by as much as 20 percent
by 2030. This means that the current rate of energy efficiency improvements
needs to increase 2.5 percent annually through 2030.
Double the share of
renewable energy
Biomass fuels makeup 80 percent of the current global
renewable energy budget. As other alternative energies like wind power and
solar power expand, they decrease the effect that biomass has on the global
energy budget, which in turn increases the deficit margin.
Conclusion
The SE4All initiative contains aggressive objectives that
could collectively have a substantial short term effect on the global carbon
budget. The feasibility of effectively implementing this initiative is dependent
on extensive research and analysis of the deficit margin as well as timely
execution.
Resources:
Doubling
the Global Share of Renewable Energy A Roadmap to 2030
UN Sustainable Energy Initiative Could Put World on a Path to Climate Targets
Modern
Energy for All
Improving
Energy Efficiency
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