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Europe And Its Green Future. Electrification And Decarbonization

Author

Listed:
  • Benea Ciprian Beniamin

    (University of Oradea, Faculty of Economics)

  • Baciu Adrian

    (Ministerul Comunicatiilor si Tehnologiei Informatiei,)

Abstract

This paper aims to present a great challenge which humanity faces, and which is climate change. Together with food and water shortages which will hit more and more humanity in the years ahead, climate change (which will only amplify these negative facts) will bring negative consequences on economy and society, and in international relations area, too. In this context, the importance of the subject speaks for itself. The research is focused on EU objectives in climate area and in sustainable development, indicating that renewable energy could be a solution for energy independence, and for reducing CO2 concentration level, too. The subject is very important one nowadays being subject of intense debates and negotiations, having a high degree of visibility in international forums and in international press. The paper wants to show what EU aims in the future related to its development through fossil fuels consumption reduction and as a base for starting research are researched realized under the aegis of Group Futuribles from Paris, of the National Centre for Sustainable Development from Bucharest, from American Academy of Arts and Science, and International Energy Agency from Paris. We take from IEA data and present them in the tables in order to have a synthetic view upon energy in EU countries, and of course, there are presented trends in energy consumption in renewable at European level. The development of the subject with the involvements in transport area only brings a fresh air in the debates regarding reducing energy vulnerability together with fighting climate changes. There are presented some peculiarities of CO2 pollution and their implications, and consequences; and of course, solutions for fighting climate change is part of this presentation. Reducing oil consumption and expanding renewable resources (wind, solar, and hydro) and nuclear energy coupled with the electrification of the economy and transportation sectors, and rising energy efficiency are of outmost importance in fighting climate change. Becoming leader in this area, EU aims not only to promote sustainable development, but to influence in a significant manner the future negotiations in climate area, gaining through this strategy a better position on the world scene. The added value of our endeavor is in the superposed areas of EU energy independence, freeing transportation sector from the place of being hostage to potential oil crisis in the future, and all of these in the context of fighting climate change. The paper presents how energy independence could be obtained through renewable expansion, while fighting climate change, too.

Suggested Citation

  • Benea Ciprian Beniamin & Baciu Adrian, 2011. "Europe And Its Green Future. Electrification And Decarbonization," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 47-52, July.
  • Handle: RePEc:ora:journl:v:1:y:2011:i:1:p:47-52
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    File URL: http://anale.steconomiceuoradea.ro/volume/2011/n1/069.pdf
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    More about this item

    Keywords

    climate change; de-carbonization; electrification; transportation; energy efficiency;
    All these keywords.

    JEL classification:

    • O0 - Economic Development, Innovation, Technological Change, and Growth - - General
    • O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
    • Q4 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Energy
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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