South Baltic Gas Forum
5 - 9 September 2011, Gdańsk, Poland

Fossil fuel

In 2017 the world's primary energy sources consisted of petroleum (34%), coal (28%), natural gas (23%), amounting to an 85% share for fossil fuels in primary energy consumption in the world. Non-fossil sources in 2006 included nuclear (8.5%), hydroelectric (6.3%), and others (geothermal, solar, tidal, wind, wood, waste) amounting to 0.9%. World energy consumption was growing at about 2.3% per year. In 2015 about 18% of worldwide consumption was from renewable sources.
Aquatic phytoplankton and zooplankton that died and sedimented in large quantities under anoxic conditions millions of years ago began forming petroleum and natural gas as a result of anaerobic decomposition. Over geological time this organic matter, mixed with mud, became buried under further heavy layers of inorganic sediment. The resulting high levels of heat and pressure caused the organic matter to chemically alter, first into a waxy material known as kerogen which is found in oil shales, and then with more heat into liquid and gaseous hydrocarbons in a process known as catagenesis. Despite these heat driven transformations (which may increase the energy density compared to typical organic matter), the embedded energy is still photosynthetic in origin.
Heavy crude oil, which is much more viscous than conventional crude oil, and oil sands, where bitumen is found mixed with sand and clay, began to become more important as sources of fossil fuel as of the early 2000s. Oil shale and similar materials are sedimentary rocks containing kerogen, a complex mixture of high-molecular weight organic compounds, which yield synthetic crude oil when heated (pyrolyzed). These materials have yet to be fully exploited commercially. With additional processing, they can be employed in lieu of other already established fossil fuel deposits. More recently, there has been disinvestment from exploitation of such resources due to their high carbon cost, relative to more easily processed reserves.
The principle of supply and demand holds that as hydrocarbon supplies diminish, prices will rise. Therefore, higher prices will lead to increased alternative, renewable energy supplies as previously uneconomic sources become sufficiently economical to exploit. Artificial gasolines and other renewable energy sources currently require more expensive production and processing technologies than conventional petroleum reserves, but may become economically viable in the near future. Different alternative sources of energy include nuclear, hydroelectric, solar, wind, and geothermal.
According to U.S. Scientist Jerry Mahlman and USA Today: Mahlman, who crafted the IPCC language used to define levels of scientific certainty, says the new report will lay the blame at the feet of fossil fuels with "virtual certainty," meaning 99% sure. That's a significant jump from "likely," or 66% sure, in the group's last report in 2001, Mahlman says. His role in this year's effort involved spending two months reviewing the more than 1,600 pages of research that went into the new assessment.

eXTReMe Tracker