The Factor of Energy in Global Warming

The Factor of Energy in Global Warming

The Factor of Energy in Global Warming

Figure A.1.

Our Energy in 2019

About three-quarters of global greenhouse gas emissions come from burning fossil fuels for energy. To reduce global carbon emissions, we need to shift our energy systems from fossil fuels to low-carbon energy sources. You can check the primary global energy consumption in 2019 in Figure A.1.

In 2019, we see that almost 16% (15.7% to be precise) of global energy consumption came from low-carbon sources. Low carbon sources; hydroelectricity, wind, solar, bioenergy (biomass), geothermal, wave, and tidal energy.

11.4% of the energy was obtained from renewable energy sources and 4.3% from nuclear energy. Hydroelectric and nuclear made up most of our low-carbon energy which is 10.7% in total. Wind energy has a ratio of 2.2% and solar energy 1.1%. And these energy resources are growing rapidly day by day.

Although more energy is generated from renewable energy sources each year, coal, oil, and natural gas still dominate the global energy mix. 84% of our energy comes from fossil fuels and continues to increase every year. Total production increased from 116,214 to 136,761 TWh in the last 10 years.

Change Between 1965-2019

Fossil fuels are the sum of coal, oil, and natural gas. Combined, they are the largest source of CO2 emissions globally. Therefore, we want to shift energy resources from fossil fuels to low-carbon energy sources. In the interactive graph below, you can examine the change in the share of fossil fuels in energy worldwide over the years.

 


Token Economy

TOKEN DISTRIBUTION

token-distribution

As CYCE, we plan to evaluate the tokens we have created in line with the installation and operation costs of the self-energy producing charging stations that we plan to establish in the next 30 years, and then aim to make them more valuable. In this way, we aim to direct energy investments in this direction and accelerate their flow.

Symbol: CYCE

Total Supply: 42.000.000 CYCE

Token Standard: ERC20