Green Energy Initiatives: Learnings from European Countries

Abstract

Global energy scenario is undergoing a shift from hydrocarbon ridden energy landscape. The menacing impacts of climate change are pushing us to rethink about the present energy order. The major share of carbon emission, which is the major cause behind the global warming, comes from the dependency on fossil fuels for our energy requirements. It is not a hidden fact that energy consumption represents the largest source of greenhouse gas emission by human activities worldwide. It is to be noted that around two-thirds of global greenhouse gas emissions are related to the burning of fossil fuels for heating, power, transportation and industrial use. The Paris agreement, 2015 aimed to limit the global average temperature rise below 2°C. This target This target is ambitious and cannot be accomplished without a significant restructuring of the global production and consumption of energy. The large scale development of renewable energy and technological advancement are the major ways for a sustainable society and environment. In this context, this research paper attempts to study the various green initiatives in energy sector in selected European countries.