Fossil fuels
Fossil fuels are hydrocarbons, primarily coal and petroleum (liquid petroleum or natural gas), formed from the fossilized remains of ancient plants and animals by exposure to high heat and pressure in the absence of oxygen in the Earth's crust over hundreds of millions of years. Commonly, the term fossil fuel also includes hydrocarbon-containing natural resources that are not derived entirely from biological sources, such as tar sands. These latter sources are properly known as mineral fuels.
Fossil fuels contain high percentages of carbon and include coal, petroleum, and natural gas.
They range from volatile materials with low carbon:hydrogen ratios like methane, to liquid petroleum to nonvolatile materials composed of almost pure carbon, like anthracite coal. Methane can be found in hydrocarbon fields, alone, associated with oil, or in the form of methane clathrates. Fossil fuels formed from the fossilized remains of dead plants by exposure to heat and pressure in the Earth's crust over millions of years. This biogenic theory was first introduced by German scholar Georg Agricola in 1556 and later by Mikhail Lomonosov in the 18th century.
It was estimated by the Energy Information Administration that in 2007 primary sources of energy consisted of petroleum 36.0%, coal 27.4%, natural gas 23.0%, amounting to an 86.4% share for fossil fuels in primary energy consumption in the world. Non-fossil sources in 2006 included hydroelectric 6.3%, nuclear 8.5%, and others (geothermal, solar, tidal, wind, wood, waste) amounting to 0.9%. World energy consumption was growing about 2.3% per year.
Fossil fuels are non-renewable resources because they take millions of years to form, and reserves are being depleted much faster than new ones are being made. So we must conserve these fuels and use them judiciously. The production and use of fossil fuels raise environmental concerns. A global movement toward the generation of renewable energy is therefore under way to help meet increased energy needs. The burning of fossil fuels produces around 21.3 billion tonnes (21.3 gigatonnes) of carbon dioxide (CO2) per year, but it is estimated that natural processes can only absorb about half of that amount, so there is a net increase of 10.65 billion tonnes of atmospheric carbon dioxide per year (one tonne of atmospheric carbon is equivalent to 44⁄12 (this is the ratio of the molecular/atomic weights) or 3.7 tonnes of CO2. Carbon dioxide is one of the greenhouse gases that enhances radiative forcing and contributes to global warming, causing the average surface temperature of the Earth to rise in response, which the vast majority of climate scientists agree will cause major adverse effects.
Fuels are a source of energy.
The International Energy Agency (IEA) predicts that fossil fuel prices will decline, with oil stabilizing around $75 to $80 per barrel as electric vehicle adoption surges and renewable energy expands. Additionally, the IEA anticipates a notable increase in liquefied natural gas capacity, enhancing Europe's energy diversification.