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2017 | OriginalPaper | Buchkapitel

1. Legacy of Petroleum-Based Economy

verfasst von : Mika Sillanpää, Chaker Ncibi

Erschienen in: A Sustainable Bioeconomy

Verlag: Springer International Publishing

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Abstract

During the industrial revolution of the nineteenth century, the use of coal as fuel set the “train” of progress in motion, which definitely induced a significant improvement in the living standards. After several discoveries, inventions, and innovations, the use of crude oil, the so-called black gold, enabled humanity to reach a higher level of prosperity, especially so between the end of the second World War and the oil embargo crisis. Currently, crude oil is the most traded commodity in the world market and is the main feedstock to produce a wide range of fuels and products such as plastics, textile fibers, dyes, etc.
The heavy reliance on petroleum and other fossil fuels for decades caused many environmental disasters around the world and major geopolitical tensions especially in oil-producing countries. In this chapter, the environmental (water, soil, and air) and geopolitical legacy of the petroleum era as well as its impact of human society are thoroughly discussed in order to highlight seriousness of those issues and the necessity for an alternative sustainable economic model for the future.

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Metadaten
Titel
Legacy of Petroleum-Based Economy
verfasst von
Mika Sillanpää
Chaker Ncibi
Copyright-Jahr
2017
DOI
https://doi.org/10.1007/978-3-319-55637-6_1