We all know that the fossil fuels like oil, gas and coal we currently use worldwide are bound to run out eventually. This can take 10, 20, or 50 years but it will dry up, and then what? We will have to look at this rather sooner than later, as we cannot wait till we run out without having other alternative Energy resources.
What options do we have currently?
- Wind power (windmills)
- Solar power (solar panels)
- Nuclear power (nuclear fission) not the best option with respect to the waste.
- Hydropower (dams) falling water))
- Geothermal power (Earths energy)
- Bio energy (biological material)
- Hydrogen
- Wave power
- Tidal power
With the soaring oil prices you would think the whole world would invest more in developing and researching renewable energy sources! Well, governments pretend the willingness to use renewable energy, but do not want to lose the revenue in taxes of oil or fuel, so they will postpone any cheap fuel alternative as long as they possibly can.
Energy companies possibly are going to increase their prices they charge their customers by 25% this year 2011 because of higher prices to buy in gas and oil. In the meantime they find other excuses to increase the prices by letting us believe there is a shortage. What they are not telling the consumer is that big tankers wait at sea for permission to unload their precious cargo of oil and gas at the refineries at the convenience of the fuel companies. So the fuel companies charge the consumer extra while buying cheaper fuels themselves.
For instance, Shell reported profits of 18.6 billion dollars for 2010, due largely to rising oil prices and increased production, which are almost double the profits for 2009. How is it possible to make that amount of profit if Shell would have to pay higher prices themselves? The oil companies make extra money over the backs of their customers by charging higher prices than necessary at the pumps with the excuse of higher oil prices.
What will happen if we try to save and use less electricity, gas, and car fuel? You guessed it: We will be charged more because the suppliers lose profits, and in this world if a company makes less profit then the previous year, then they class this as a loss. i.e.: $800.000.000 profit one year and $500.000.000 profit the next year will be presented as a $300.000.000 loss for the company. Unfortunately we live in a world dominated by GREEDY and POWER hungry individuals who only think of themselves.
Governments worldwide could and should put more pressure on energy/oil companies to invest a certain percentage (20 - 30% of their profits in renewable energy research, development and introduction.
Energy companies should be a non profit organisation who produce, distribute, improve and maintain the energy grid. Every year 75% of the profits made should be used to improve and develop new technology in relation to renewable energy sources, while 25% will be added to next year’s profit as a backup for unforeseen expenditures.
If we do not act now, and work together on the global problems, we will regret this later on. We have to make planet Earth a better place to live for our children and their children and for future generations to come.
The human race is great in destroying anything in their path, but the sooner we start using renewable energy instead of fossil fuels, the sooner our planet will start restoring itself.
Let us make this is a dream become true!
