The global energy market is changing rapidly due to the energy transition. Satisfying the growing energy demand while reducing the risks of global warming and social costs from climate change is a big challenge in the energy economy. Carbon Dioxide, Methane, Nitrous Oxide, and Fluorinated Gases cause the earth’s global temperature to rise. As each gas can remain in the atmosphere for different periods of time and for each greenhouse gas, a Global Warming Potential (GWP) measurement was developed to compare the impacts of different gases on global warming.
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