The role of sustainable transition and carbon neutrality in facing challenges in the global energy market

Abstract

Sustainable transformation and carbon neutrality is the main key to the growth of human civilization throughout the ages because it refers to reducing carbon emissions to the maximum extent or compensating for its use, that is, carbon dioxide emissions are reduced in order to compensate for emissions produced elsewhere and this can be achieved using multiple means, including the use of electric cars or switching towards renewable energy sources, paying attention to environmentally friendly projects and staying away from projects that emit carbon emissions. The research aims to identify carbon neutrality and sustainable transformation and address the most important factors affecting the global supply and demand for energy sources and the extent of their impact on the global energy market, and the research found that sustainable transformation and carbon neutrality are the most important strategies through which carbon emissions are reduced to the maximum extent or compensate for its use, ie carbon dioxide emissions are reduced in order to compensate for emissions produced elsewhere, Renewable energy and new technology must be moved towards a more sustainable future.