Energy Crisis : Individual Research Briefing

In Australia, carbon emissions contribute to the problem of global warming and climate change worsening. Therefore, people want to move to a more sustainable energy future, because renewable energy is the only valid method to reduce emissions. But it is very difficult to widely use renewable energy since this transition have to face numerous barriers. This essay will argue that adopting renewable energy cannot be overcome due to lack of financial and political barriers.

The UK government had made concerted efforts over the years in developing a definite course of action for the Renewable energy industry in the UK in light of changing conditions of the industry. This was done in order to guide and determine the conditions of engagement while proposing future directions and decisions. The intentions of these high level overall plans were to provide clear goals for the relevant stakeholders including, regulators, generators, suppliers and consumers.

At the beginning of the year the President of the United States announced that the United States was in the middle of a nation wide energy crisis. The President gave many solutions including using more solar and wind energy, nuclear power, and drilling in the Arctic National Wildlife Refuge (ANWR). The President told the American people that they would have to watch their energy use and conserve as much as possible. Gas prices reached $2 per gallon in the Midwest for the second straight summer, and California continued to be hit by unprecedented power woes that forced rolling blackouts. The price of crude oil rose sharply, from around $10 a barrel to a peak of $37. The

The Victorian Government has said it will buy renewable energy credits to offset the plant's power requirement - about 3.5 kilowatt hours for each 1000 litres of drinking water, plus almost half as much again to pump it to Melbourne (DSE January 2009). Dr Tim Fletcher, director of the Institute for Sustainable Water Resources at Monash

Energy is a daily consumption that everybody uses in their daily lives. As a nation, we as modern people in the United States rely heavily upon energy sources such as oil, wind, thermal, natural, solar, hydraulic, etc. During the 70s, energy was a booming industry that everybody wanted to be a part of. This industry affected people 's way of living and everyday use of technology such as house appliances, automobiles, industry, and city power grids. During this era, an energy crisis occurred which had a big impact on many people nationally and internationally. This energy crisis was the result of the production peak in the 1970s, the oil crisis of 1973, and the energy crisis of 1979.

Is coal power the best option for Australia, as current ‘green’ energy options are unable to support our power needs now and into the future.

The Energy Crisis as stated in the textbook was an oil shortage or petroleum shortage and a high demand for it basically rising. In the United States and other following countries. “Americans found themselves parked for hours in mile long lines at gasoline stations” (America A Concise History 850). In the textbook it also said that gas prices took a significant increase to 40% and heat to 30%. If you think about it that is a great increase in percentages, so I know that the people felt helpless. On the other hand, Environmentalism in the U.S. seemed like from the text it was a movement that began on the first earth day we had on April 22. What basically happened was “20 million people gathered in communities across the country to express their support for a

Conserving energy is what Americans should start doing because it will save money. Saving money is a very good reason, because we could spend less money on the electricity if they kept the lights off. The lightbulb that amerians use could also be a big reason why our energy bill is so high. If we started using CFL’s or LED’s then we would save 30% to 80% on energy bills.

In times of drought, a common occurrence in Australia, water supplies can be reduced drastically thereby reducing the amount of electricity that can be generated.

The coal industry in the United States has been a substantial job industry in states such as Wyoming, Kentucky, and Ohio providing up to over 76,000 mining careers in 2014 that area essential for the areas surrounding the mines but employment number is less than that of Arby’s, the fast food chain (Ingraham 2017). This size of the career poll brings into question what direction would be most beneficial for the United States in terms of our energy industries and where we should focus our efforts in terms of resources and time. The employment in the coal industry decreases exponentially with time due to the modern technology used to mine coal and decreasing demand. Additionally, coal mining has become

Bernie Sanders is aware that the United States must transform its fossil-fuel energy system into a most efficient, sustainable and green system to battle the global warming and ensure a better world for the future generations.

Consumers Energy, a subsidiary of CMS, managed to make it through the economic downturn of 2007-2008 successfully. Many businesses were not so lucky. While it is true that energy companies often succeed when other companies fail simply because energy is not a luxury but a necessary for the majority of people, it is still important to note that there may have been other factors that allowed Consumers Energy to remain relatively strong during a time when so many other businesses of all kinds were struggling just to stay alive. The company was doing relatively well prior to the downturn taking place, and that was true of other companies in that same industry.

The book ‘Powering the Future: How We Will (Eventually) Solve Energy Crisis and Fuel the Civilization of Tomorrow’ by Robert Laughlin, a Nobel Prize winner, invites readers to a future lacking petroleum, coal, natural gas, biofuels and other alternative sources of energy. Undoubtedly, there is the widespread believe, from facts presented by researchers and environmentalists, that carbon dioxide (CO2) from the combustion of fossil fuels would cause climate crisis leading to various environmental issue affecting human health, agriculture, water, ecosystem, and biodiversity, as well as the concern that fossil fuels would run out in a couple of years. Thus, making both of these issues a huge concern, which has been leading to the urgency of converting to low carbon energy. However, Laughlin holds a different view, which he expressed in the book by presenting theoretical cases, extending them with clear analogies as well as explanations of quantum mechanics. Laughlin supports his thesis by including engaging calculations. He also brings the insight on synthetic fuels, biofuels, renewable energy, algae farming, hydro pumping, and nuclear reactors. Laughlin is a physicist, so this enhances his argument of him being a credible massager, making his explanations with calculations as facts, quite convincing. The result is a work of reasonably comprehensible science that strikes a warning message.

Energy comes in the form of renewable or non-renewable energy. Renewable energy resources include wind, solar, water, biomass and geothermal. These resources are some of which will not run out because they are natural resources of the earth. Solar energy comes from the sun, wind energy from the wind geothermal from deep within the earth and so on. Non-renewable resources are fossil fuels such as coal, oil and natural gases. These cannot be replaced so eventually we will run out and have to rely on renewable energy. Non-renewable energy makes up 86 percent of Australia’s energy with the other 14 percent being renewable energy. 73 percent of Australia’s energy is using coal while, 13 percent is natural gases, 7 percent is hydropower, 4 percent is wind, 2 percent is rooftop solar and 1 percent is biomass.

Social Innovation Centre Risk Management for Energy Efficiency Projects in Developing Countries _______________ Paul KLEINDORFER 2010/18/TOM/ISIC Risk Management for Energy Efficiency Projects in Developing Countries 1 Paul Kleindorfer * * The Paul Dubrule Chaired Professor of Sustainable D evelopment, Distinguished Research Professor at INSEAD Social Innovation Centre, Boule vard de Constance, 77305 Fontainebleau , France and Anheuser-Busch Professor Emeritus of Man age ment Science and Publi c Pol icy, The Wharton School of the Universi ty of Pennsylvani a Ph: +33 (0) 1 60 72 91 28 Email: paul.kleindorfe r@insead.edu A working paper in the INSEAD Working Paper Series is intended as a means whe