Examining the intersection of climate change, resource competition, and the energy transition, this opinion piece highlights challenges, consequences, and the need for sustainable innovation in achieving a successful transition
In the past decade, climate change has emerged as the most pressing issue humanity has faced thus far. In response to this challenge, the energy transition has gained widespread attention globally. However, the momentum was briefly disrupted due to the Covid-19 pandemic. Despite this setback, we successfully combated the pandemic and are ready to confront an even more significant challenge. Over the past year, the energy transition has experienced a considerable interest surge, as evidenced by Google Trends. It reached a popularity score of 100 in November 2022, coinciding with the United Nations Climate Change Conference, also known as COP27 or the Conference of the Parties of the UNFCCC.
[This article has been reproduced with permission from the Indian School of Business, India]