Can we move away from fossil fuels in the next decade ?
According to the most recent report from the Intergovernmental Panel on Climate Change (IPCC) and a consensus statement from over 97% of the world���s climate scientists, burning fossil fuels for electricity, heat, and transportation is the largest contributor to human driven climate change. Fossil fuels are responsible for over 75% of Greenhouse gas emissions and over 97% of carbon dioxide emissions. These reports have also stressed that there���s an immediate need to move away from these fuels in the near future. 
 
 The challenge to this paradigm shift from fossil fuels to renewable energy is a combination of social and political barriers, the cost for new infrastructure to manage new energy portfolios , fossil fuel phase-out may lead to an increment in electricity prices and challenges to energy storage. 
 
 In April 2022, McKinsey published their Energy Insights Global Energy Perspective report, where they highlighted a rapid increase in traditional energy ( Oil and Gas) over the next 5 years, however the report also shows a rise in renewable energy and Hydrogen following that 5 year mark. While each adoption of this will differ in each country, the consensus is we will have a mixed energy portfolio (renewables and traditional) for the next 3 decades. The data also suggests as we see technology improve for more sustainable management of assets, batteries and resources, we will see a decline in the extraction , transportation and consumption of fossil fuels.