The energy transition is the shift from sources of energy (notably fossil fuels, like oil, gas and coal) that emit greenhouse gases (GHGs) to more sustainable, non-emitting sources, like hydro, wind, nuclear and solar power. The transition involves adopting clean energy technologies, improving energy efficiency and modernizing our energy infrastructure. The goal is to combat climate change by reducing GHG emissions.
For example, understanding Energy Transition is essential for business owners to make informed financial decisions and communicate effectively with lenders.
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