Switching to renewable vitality sources would require a whole lot of prices – 2024-05-23 07:45:59

2024-05-23 07:45:59

Switching to renewable vitality sources is a really costly course of.

As Day.Az reported on Friday as regards to Pattern, BP Vice President for Communications and Exterior Relations within the Caspian Area Bakhtiyar Aslanbeyli stated this whereas talking at a spherical desk on strategic foresight at ADA College.

“We’re progressively shifting away from fossil fuels resembling oil, gasoline and coal in direction of renewable vitality sources, attempting to strike a stability of sustaining entry to high-quality vitality sources whereas decreasing emissions. Some individuals imagine this vitality transition will occur rapidly , inside 5 to 10 years. Others imagine that though the transition is vital, it is not going to occur within the subsequent decade or two. We should transfer in direction of a inexperienced transition, however this course of could be very costly,” he emphasised.

Aslanbeyli additionally talked about that if nations fail on this transition course of, the worth for failure can be fairly excessive.

Allow us to be aware that right this moment the ADA College is internet hosting a spherical desk “Shaping the Future: Strategic Foresight”, organized by the Institute for Improvement and Diplomacy (IDD) of the college. The occasion is attended by senior figures, ambassadors, specialists from Azerbaijan and members of the Islamic World Instructional, Scientific and Cultural Group (ISESCO).