Challenges of Transitioning from Fossil Fuels to Renewable Energy

Transitioning from fossil fuels to renewable energy sources faces economic challenges despite the increasing affordability of alternative energy. The high cost associated with extracting, refining, and transporting fossil fuels significantly impacts household budgets globally. While renewable energy is becoming cheaper and more reliable, global fossil fuel usage remains at its peak due to economic factors hindering a smooth transition. The market dominance of fossil fuel operations complicates the shift towards renewable energy sources, requiring more than just an individual switch to alternatives.