By Michael Mazengarb, RenewEconomy
New research published in the journal Nature Energy has warned that society may be heading towards a ‘net energy cliff’ unless it undertakes a rapid shift to renewables, as fossil fuels become increasingly harder to access. As reserves are depleted, fossil fuel supplies will require exploration in harder to reach places, forcing it further offshore, and digging deeper to reach the remaining supplies, and at greater cost.
The study was completed by researchers at the Sustainability Research Institute at the University of Leeds and has found that manufacturing processes for solar panel and wind turbines have continued to improve, while access to fossil fuel resources continues to get more difficult. Read more here.