Energy Transition Explained

Are you interested in the replacement of fossil fuels or the development of renewable technology? Explore the role energy transition plays.

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Why do we need the energy transition?

Energy Transition new

Why do we need the energy transition?

No doubt you are aware that we are all faced with unprecedented environmental challenges as a global population.

These challenges are exacerbated by a number of elements such as soaring oil and gas prices, increasing greenhouse gas emissions and geopolitical issues.

As a result, this is making us rethink how we produce and consume energy in a more sustainable way.

What is the energy transition?

The energy transition describes the pathway towards the transformation of the global energy sector from traditional energy sources to zero-carbon by the second half of this century.

It's about consuming energy differently and transforming our production models.

Everyone should make an effort to avoid greater environmental impact in the way we produce our energy.

What is the energy transition?

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What are the benefits of the energy transition?

Unless otherwise stated, all information contained in this document is from Amundi Ireland Limited and is as of 14 May 2024. Diversification does not guarantee a profit or protect against a loss. The views expressed regarding market and economic trends are those of the author and not necessarily Amundi Ireland Limited and are subject to change at any time based on market and other conditions, and there can be no assurance that countries, markets or sectors will perform as expected. These views should not be relied upon as investment advice, a security recommendation, or as an indication of trading for any Amundi product. This material does not constitute an offer or solicitation to buy or sell any security, fund units or services. Investment involves risks, including market, political, liquidity and currency risks. Past performance is not a guarantee or indicative of future results. Amundi Ireland Limited is authorized and regulated by the Central Bank of Ireland.

Date of first use: 09 September 2024

Doc ID: 3842056

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