SHS Web Conf.
Volume 128, 2021XVII International Scientific and Practical Conference on Sustainable Development of Regions (IFSDR 2021)
|Number of page(s)||7|
|Section||Sustainable Energy Development|
|Published online||15 December 2021|
Fossil fuel industry development in the 21st century: a case of coal
1 Department of Agricultural and Resource Economics, University of California, Berkeley, Giannini Hall, CA 94720 Berkeley, United States
2 Centre for Energy Studies, Prague Business School, Werichova str. 1145/29, 15200 Prague, Czech Republic
3 Federal State Budgetary Educational Institution of Higher Education “Kuban State Agrarian University named after I. T. Trubilin”, Kalinina str. 13, 350044 Krasnodar, Russian Federation
* Corresponding author: firstname.lastname@example.org
Our article analyses the prospects of coal industry development in the 21st century. It is apparent that the share of coal in the world’s total energy mix is shrinking as it is replaced by natural gas, renewables, and other forms of energy production. In the same time, countries like China, Russia, but also Poland are dependent on coal as the major fuel for generating their electricity. Quite remarkably, China is using more coal to generate electricity for powering its growing fleet of electric vehicles and transport. This cycle needs to be broken in order to ensure the full transition to the renewable energy future and reducing the burden on the climate and global warming. We argue that the shift away from coal to the renewable energy is driven mainly by the growth of green energy policies and supporting actions induced by the political forces. However, it might still remain the major source of power generation in less-developed and developing economies.
© The Authors, published by EDP Sciences, 2021
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
Current usage metrics show cumulative count of Article Views (full-text article views including HTML views, PDF and ePub downloads, according to the available data) and Abstracts Views on Vision4Press platform.
Data correspond to usage on the plateform after 2015. The current usage metrics is available 48-96 hours after online publication and is updated daily on week days.
Initial download of the metrics may take a while.