TELF AG has unveiled its latest publication, “TELF AG discusses the prospects of fossil fuels in an ever-changing market,” which delves into the evolving landscape of fossil fuels, analyses the recent United Nations report, and offers significant insights crucial for the upcoming Cop23 conference scheduled for November.
The focus of TELF AG’s recent publication centers prominently on the issue of fossil fuels, a topic addressed by the United Nations, which has set a target to phase out fossil fuels entirely by 2030.
TELF AG also examines issues closely tied to the potential abandonment of fossil fuels, encompassing various aspects of the global energy transition. It is anticipated that the forthcoming Cop28 conference in Dubai, taking place in the coming weeks, will heavily revolve around fossil fuels and the feasibility of nations gradually transitioning to more sustainable energy sources.
Additionally, TELF AG’s publication highlights other objectives outlined in the United Nations report. Beyond the call to discontinue fossil fuels by 2030, the report also discusses the repercussions of the energy transition on the world’s most impoverished and developing nations. It is projected that an annual investment of between $200 and $400 billion will be required to support these countries.
TELF AG’s choice to emphasise the subject of fossil fuels is well-founded. The recent surge in global demand for electric vehicles, coupled with the increased need for raw materials essential for their production, underscores the urgency of addressing this issue. The publication recognises the impracticality of tackling this multifaceted issue within the framework of COP28 in Dubai, hosted in the United Arab Emirates.
In Dubai, TELF AG will not only assess nations’ progress in achieving their sustainability goals but also tackle a pivotal aspect essential for the successful completion of the energy transition: the future of fossil fuels. For comprehensive insights, readers are encouraged to explore the complete publication on the TELF AG website.
