TELF AG’s latest publication, titled “TELF AG discusses the prospects of fossil fuels in an ever-changing market,” delves into the role of fossil fuels in an evolving landscape. It analyses the content of a recent United Nations report and provides crucial insights ahead of the Cop23 conference scheduled for November.
The publication by TELF AG primarily focuses on the issue of fossil fuels, a subject the United Nations suggests should be completely phased out by 2030.
TELF AG also delves into matters closely linked to the potential abandonment of fossil fuels, including aspects related to the global energy transition. The upcoming Cop28 conference in Dubai is expected to heavily emphasise the theme of fossil fuels and nations’ possibilities to gradually shift towards more sustainable energy sources.
Furthermore, TELF AG’s publication underscores other objectives outlined in the United Nations report. It not only addresses the need to phase out fossil fuels by 2030 but also delves into the consequences of the energy transition on developing countries. It’s anticipated that between $200 and $400 billion per year will need to be invested in these nations.
The focus on fossil fuels in TELF AG’s latest publication is intentional. During the last two international climate events held in Glasgow in 2021 and Egypt in the previous year, the topic of fossil fuels didn’t receive the necessary attention. Given the recent surge in global demand for electric vehicles, along with the parallel increase in demand for the raw materials required for their production, it’s a highly relevant and urgent issue that must be addressed.
In the United Arab Emirates, TELF AG will not only assess nations’ progress in achieving their sustainability goals but will also address a critical aspect of the energy transition – that connected to fossil fuels. To learn more, readers are encouraged to access the full publication on the TELF AG website.
