According to our last article, thinking about the transition between the current economy based on intensive use of fossil fuels and a future economy relying on renewable energy as a defined process with a single trajectory, a single timing and unique content, is a simplification that does not help in understanding the nature of this transition, its possibilities and hindrances.
Indeed, the transition is an undefined and open process with multiple paths, content and possible times.
In other words, there is no a single transition, but various transitions.
In this sense, analyzing nowadays the possible evolution of the energy sector in the world involves the analysis of these various transitions.
Mapping transitions
To identify these different possibilities of transition it is essential to map the different ways of noting the trade-off energy security versus climate change and the various forms of facing it.
Thus, we can consider generally the reduction in the intensity of the climate change process as the main objective and, thereafter, to evaluate the type of negative impact (cost) the reduction of CO2 emissions has on energy security, according to several hypotheses to achieve this reduction. Continue lendo »