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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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Common Energy Sources Headlines

New Source Energy Corp. Voluntarily Withdraws Listing - Reuters


New Source Energy Corp. Voluntarily Withdraws Listing
Reuters
... New Source Energy Corporation ("New Source") today announced that it has notified the New York Stock Exchange ("NYSE") that it will file a Form 25 with the Securities and Exchange Commission to voluntarily withdraw its common stock, ...

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Unitil Announces Closing Of Public Offering Of Common Stock - Sacramento Bee


Unitil Announces Closing Of Public Offering Of Common Stock
Sacramento Bee
Unitil Corporation is a public utility holding company with subsidiaries providing electric and natural gas delivery service in New Hampshire, Massachusetts and Maine and energy services throughout the northeast. Unitil Corporation serves approximately ...

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Westar Energy declares dividends; company to redeem preferred shares - Reuters


Westar Energy declares dividends; company to redeem preferred shares
Reuters
TOPEKA, Kan., May 16, 2012 - The Westar Energy, Inc. (NYSE:WR) Board of Directors today declared a quarterly dividend of 33 cents per share payable July 2, 2012 on the company's common stock. The board also declared regular quarterly dividends on the ...

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Top 5 Zacks #1 Ranked Energy Mutual Funds - Best of Funds - NASDAQ


Top 5 Zacks #1 Ranked Energy Mutual Funds - Best of Funds
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With every passing year, the world's appetite for energy continues to increase steadily. Governments and corporations alike are therefore constantly on the lookout for new energy sources or more efficient technology in this domain.

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Pöyry helps Eastern Africa in the search of geothermal resources - Reuters


Pöyry helps Eastern Africa in the search of geothermal resources
Reuters
PÖYRY PLC Press release 16 May 2012 Pöyry's Energy business group has been awarded a Consulting Contract by the African Union Commission (AUC) in cooperation with the KfW Development Bank for the establishment and operation of the Geothermal Risk ...

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