A report from the Energy Information Association indicates that at current rates, global energy consumption will increase by 28% in the next 20 years with fossil fuels still providing 77% of the energy consumption by 2040. The report further indicates that natural gas will be the world’s fastest growing fossil fuel, increasing by 1.4% annually, whereas petroleum and other liquids will increase 0.7% and coal barely increasing at 0.1%. This doesn't bode well for countries with climate laws calling for net zero by 2050. Renewable energy will have to be embraced on a large scale while simultaneously reducing dependence on fossil fuel related energy.
If renewable energy was treated with the same type of urgency, people would not only save money in the long run from renewable resources, but it would also save panic and potential chaos from future fossil related energy crises. Countries around the world are moving slowly, businesses and corporations can set an example to push governments further along the sustainable journey. Renewable energy, specifically solar energy, will save you the trouble of complete dependency on fossil fuel supplies. So when your competitor is in panic about a fuel related shortage due to something like extreme weather or a cyber attack, you won’t worry about it affecting your bottom line as you have a safety net with renewable energy.