Current State Of Fuel And World Energy Demand

The U.S obtains more than 84% of its energy from fossil fuels including oil, coal and natural gas. This is because people rely on it to heat their homes, power industries, run vehicles, manufacturing, and provision of electricity. It is apparent that the country’s transportation industry highly depends on conventional petroleum oil, which is responsible for global warming, thus threatening economic opulence and national security. Apart from that, increasing consumption of fossil fuels have elevated health problems in the state, destroyed wild places, and polluted the environment. After conducting Environmental Impact Assessment, projections showed that the world energy consumption would increase by more than 56% between 2010 and 2040. However, fossil fuels will cater for more than 80% of the total energy used in 2040. Sadly, it will be a trajectory to alter the world’s climate, as well as, weaken the global security environment. Importantly, the rate at which the US relies on fossil fuels needs to reduce since it has adverse effects on the planet’s supplies. The society needs to realize that fossil fuels are nonrenewable, thus taking millions of years to form (Huebner, 2003). Notably, the country can reduce dependency on fossil fuels by practicing energy conservation and efficiency,

Between 1990-91 and 1995-96, total fossil fuel subsidies in 14 developing countries that account for 25 percent of global carbon emissions from industrial sources declined 45 percent, from $60 billion to about $33 billion)…Within the past six years, India, Mexico, South Africa, Saudi Arabia, and Brazil also cut fossil fuel subsidies significantly…Many developing countries are also actively promoting energy efficiency and renewable energy.

However, some pundits are concerned that adopting hydrogen energy as the sole strategy for the issues facing the automobile’s future is problematic because of the lengthy time frame in which they are projected to become ubiquitous. Furthermore, the present infrastructure for the distribution of hydrogen fuel sources or the production of hydrogen fuel cells is not only insufficient, but slow to develop. As such, fossil fuels are presently the main source for hydrogen production, which means that hydrogen vehicles do not successfully decouple the automobile from a fossil fuel economy. This is also widely inefficient because it will generate four times the carbon dioxide emissions generated by gasoline efficient automobiles. Furthermore, compressing hydrogen for the purposes of

Moreover, carbon and petroleum, compounds which produce large amounts of carbon emissions when burned, have accounted for more than half of the energy produced in 2013, while cleaner energy sources, such as solar and wind power, were reported as less than 10% of the produced energy (Adams). Developing countries, like China and India, play a huge role in the production. China alone contributed 27% of 2011’s total carbon emissions (Union). The process of modernization and the air pollution that this causes has led to uncontrollable environmental damage, in addition to a huge influx of health defects and pollution-related deaths.

As the global population increases and developing nations seek to emulate the consumer consumption of their Western counterparts, demand for fossil fuels and alternative energy sources continues to increase apace (Tracey et al, 2011). OPEC

The beginning of the industrial revolution in the eighteenth century led to an exponential increase in our demand for energy to satisfy the growing needs of manufacturing, transport, production of raw materials, healthcare, and agriculture. Simple tasks are taken for granted such as “powering-up” the plethora of devices and gadgets that we “cannot live without” – such as our smart phones and computers. Whilst all of these things are central to our very existence on the planet, our increased dependence on energy has essentially been met to date by the burning of non-renewable fossil fuels, such as brown and black coal.

Energy, especially from fossil fuels, is a key ingredient for all sectors of a modern economy and plays a fundamental role in improving the quality of life in less developed economies. In 2007, India is ranked fifth in the world in terms of energy demand; accounting for 3.6% of total energy consumed, and is expected to grow at 4.8% in the future. India imports 70% of the oil it uses, and the country has been hit

Honda has already produced a hydrogen fuel cell concept car they claim is “overall 64% energy efficient”. To put this into perspective in the average gasoline combustion engine “only about 20 percent of the thermal-energy content of the gasoline is converted into mechanical work”, making it 20% energy efficient [5]. This new line of cars could bring about jobs in the automotive industry and all industries that branch from it. As of right now the commercial market for hydrogen gas produced from the use of fossil fuels is at about $100 billion. A majority of this hydrogen goes into producing fertilizers and petrochemicals [1]. All it would take is an inexpensive source of green hydrogen, such as the one recently discovered, to completely change this industry.Overall hydrogen has the ability to bring about jobs and continued advancements in every market and industry touched by it. This could be just about every industry when considering how important transportation and shipping are to the economy; hydrogen would give them an inexpensive fuel for transport. Hydrogen fuel could do this all the while solving our most important problem of finding a renewable energy source.

Energy is an integral part of our daily lives. While organisms get energy to move from food, non-living appliances such as phones, lights, cars etc. get their energy from other renewable or non-renewable sources. The majority of energy consumed comes from non-renewable energy sources: fossil fuels (oil, gas and coal) and nuclear energy. In the past few decades, the issue of a potential “energy crisis” has arisen. Since people nowadays use such large amounts of fossil fuels, they will run out in the near future. Out of the three fossil fuels, oil and gas are the most widely used. It is predicted that, without taking into account the new reserves that could become accessible with the advancement of technology, oil and gas

As the world population rises, we are using more and more energy and it is depleting faster than ever. Our fossil fuels (coal, oil and natural gas) will not last forever and at some point we will have to switch over completely to renewable energy sources. While most of the world still uses non-renewable energy sources, the future will rely on renewable energy and its applications. Right now, over 90% of the world still uses fossil fuels and developing countries even burn wood to generate energy. At the rate we are using our fossil fuels, they will not last us far into the 22nd century. Additionally, big consumers of fossil fuels like China, U.S., Russia, and India are creating large amounts of pollution and it is only increasing. For instance, India has major issues with pollution because of heavy traffic (which releases more fuel emissions into the air), the burning of biomass (wood and other organic matter), and runoff into lakes and rivers. Right now, our biggest goal should be to figure out how to implement more forms of renewable energy in our own society. We should start using renewable energy in America because: it is more environmentally friendly, opens up the job market, and improves the health of the public.

Coal and natural gas are the United States’ main fossil fuels used as energy sources. These fossil fuels both contain mixtures of hydrocarbons, which is a chemical compound of carbon and hydrogen (Olah, 2005). Currently, fossil fuels provide eighty-five percent of commercial energy, such as businesses, worldwide and this eighty-five percent does not even account for residential use. Imagine if the residential energy use was accounted for in that eighty-five percent (Davison, 2007). According to Goodell (2006), “Between 1950 and 2000, the world population increased by 140 percent and fossil fuel consumption increased by 400 percent. By 2030, the world’s demand for energy is expected to more than double,” with most of the electricity

The world is depended on oil and soon oil will become more valuable than gold and could lead to a worldwide war. Price for oil could soar to above two hundred fifty dollars per barrel. Oil and other fuel cell also cause green house gases which contribute to global warming. China is consuming two times more petroleum than 1996 and India is projected to consume three times the oil it currently does by 2050. Global house gas emission has increased by twenty percent from 2003 to 2006. Energy consumption has increased exponentially throughout the globe. The U.S. department of energy projects energy consumption will increase seventy percent from 2003 to 2030. The world has agreed to reduce emission by twenty five percent before 2020 and by over

The most of global energy production produces from fossil fuel such as coal, oil and natural gas. The vast fossil fuels generate energy which use for many purposes for instant residential, transportation and industrial sectors. While the rate consumption of fossil fuel higher than their formation leads to oil price crisis. Another concern of fossil fuel combustion is the impact on the environment. Global warming is a significant problem which results in increasing concentrations of greenhouse gas in the atmosphere. These problems drive researchers and societies to search alternative energy such as switching to renewable energy or carbon-free energy to replace fossil fuels. For example Nakata et al., (2011:465) show ‘low-carbon society’

World oil demand is increasing as emerging economies need more energy to increase their living standards. Estimates, shown below, are that by 2030, China and India as emerging markets will import over 70% to 90% of their fossil fuel needs (1) . Coupled to a continued high and growing demand for oil, makes this a robust market for the next 30 years.

For the past three decades Oil dominates the agenda of political discussion. With scares over price volatility, sizes of reserves, international imports and least of which are the environmental impacts due to carbon dioxide and other emissions. Various speculations and educated guesses place our total depletion of crude oil within the next 50 years and there is a general consensus between environmentalists that we steer toward a hydrogen transportation system given the projected work and nonexistent carbon dioxide emissions (Environmental Technologies class lecture, Santa Clara University). However many barriers stand in the way of attaining such a goal, most of which pertaining