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Why We Need Energy Alternative

We are in the midst of an energy crisis. The price of a gallon of gas is sky high and there is a great deal of trouble-brewing in the Middle East, Iraq and Iran and other areas. These problems have made it clear to many United States citizens that we have an oil-driven economy.

 

As Americans we need to develop new directions for energy supply and the production of it. We certainly need to reduce the dependency on oil and look for alternative resources. Experts believe there is no such thing as cheap oil and they will continue to pay a high price and in the future, it will be much higher. This expense will grow in the future unless we can locate alternative sources of fueling our technologically advanced civilization. We need to find innovative sources that can be alternatives to oil.

Environmentalists would argue that we need to switch to other forms of energy because the present forms are damaging the atmosphere and climate.

There are other issues as well such as global warming, and other means of destructing the environment such as air and water pollution.

Coal is another source of energy that is counter productive. It is filthy and it is very hazardous to mine and is destroys the environment. We can also look towards new methods of producing electricity that we presently use so they have less impact on the environment.

There are nations developing and becoming more industrialized that will also need the of alternative forms of energy research and development. Other countries are also contributing to the environmental damage. The United States, and other European nations have initiated studies to look for alternative energy sources, and could lead the way in doing far less environmental damage than the United States is.

The developing nations need to look to the West who is in the process of getting help from the government and private companies who are researching alternative sources of energy. We could and should be at the forefront of research on alternative energy sources. We could certainly reap the benefits of marketing the technologies and services to other nations.

There are alternatives such as Biofuels from trees and beans, hydroelectric technology and development, natural gas, hydrogen cells, atomic energy plants and the development of solar energy.

More research needs to be done on the use of wind and solar power as well as the use of electricity and hydrogen. There is a great deal of potential out there if we widen our scope and look for alternative means to fuel our cars and maintain our technologically advanced society. Hopefully when we look towards the future it will be green.


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CNBC Webinar: Reduce Costs with Alternative Energy

Register for our CNBC Webinar 'Reduce Costs with Alternative Energy' on Wednesday, May 23, 2012 at 2:30 pm ET.

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Experts on alternative energy markets

SINGAPORE : This week, a Singapore partnership developed the world's first genetically-modified jatropha plant that can produce biodiesel faster and better.

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Global Alternative Energy Industry

NEW YORK, May 10, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Global Alternative Energy Industry http://www.reportlinker.com/p0155837/Global-Alternative-Energy-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=RenewableThe ...

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George Lefquist, GEL's Managing Director Speaks on Topics Such as the Keystone Pipeline at the Goldchrist Alternative ...

The pair also disagreed on calls to eliminate tax subsidies for US oil companies. According to Daniel Gordon, the former Merrill Lynch executive, "…if oil producers need tax subsidies to make money with $100 oil prices then they are in the wrong business." Instead, Gordon argued that the tax subsidies should be eliminated and the funds reallocated to clean energy investments.

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Debate over continued incentives for energy companies

Whether it's loan guarantees for solar projects or tax breaks to oil companies, federal money goes to support nearly every form of energy. Whether the incentives should continue is a matter of heated debate.

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