The Impact of Climate Change on the Energy Industry
Climate change is reshaping the energy industry in profound ways, influencing both the supply of energy and its consumption. As extreme weather events become more frequent and severe, energy infrastructure faces increased risks, requiring companies to adapt with more resilient systems. On the demand side, there is growing pressure to shift to low-carbon energy sources, leading to a surge in renewable energy investments. Additionally, the energy industry is exploring technologies such as carbon capture and storage (CCS) to reduce emissions from fossil fuel use. The transition to a low-carbon future is becoming increasingly urgent, as the energy sector plays a pivotal role in mitigating climate change and ensuring sustainable development.
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