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Scholars Direct
Date
2023
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Abstract
The shift from a reliance on fossil fuels to a sustainable energy mix is now taking place in society. This article demonstrates how past energy transitions can be used to estimate a suitable time frame for an orderly transition to a sustainable energy portfolio. The resulting Goldilocks Policy for energy transition is proposed as the corner-stone of a comprehensive grand energy bargain. An updated forecast of global energy consumption that includes the Covid pandemic period and global energy consumption data through 2022 is presented here. Recent events that serve as obstacles to implementing the Goldilocks Policy are discussed.
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Engineering