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Fossil fuels (coal, oil, gas) have, and continue to, play a dominant role in global energy systems. Fossil energy was a fundamental driver of the Industrial Revolution, and the technological, social, economic and development progress which has followed. Energy has played a strongly positive role in global change.
However, fossil fuels also have negative impacts, being the dominant source of local air pollution and emitter of carbon dioxide (CO2) and other greenhouse gases. The world must therefore balance the role of energy in social and economic development with the need to decarbonise, reduce our reliance on fossil fuels, and transition towards lower-carbon energy sources.
This entry presents the long-run and recent perspectives on coal, oil and gas – global and national production, consumption, reserves, prices and their consequences.
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