Global Energy Demand Essay

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Global Energy Demand Thomas Edison invented the light bulb in 1879. The first oil well was drilled in Pennsylvania in 1859. Since those two historic discoveries, technology and industry have rapidly grown to a point of absolute necessity today and is a key in the development of the human society to help control and adapt to the environment. The requirement of energy and oil throughout the world has also grown exponentially in parallel to meet this necessity. As developed countries, like the United States, Japan, China, and Canada, progress and grow in population, more demands for energy and fuel are created. Likewise, as less advanced countries bring themselves into the global economy, they will also have increased energy and oil …show more content…
All of these forms of energy contribute to the global energy supply, with oil being the most heavily relied upon. Now the world faces a problem. The top three energy providers, accounting for about 85% of the word’s current energy supply, are non-renewable fossil fuels. That may seem fine for now considering the fact that everyone is generally happy and unaware of the potential problems in our fast coming future. Fossil fuels are also currently relatively inexpensive and seem to be doing the trick for now. However issues will continue to revel themselves as time goes on such as global warming caused by the overwhelming amounts of carbon dioxide (CO2) and other greenhouse gases being released into the atmosphere from the burning of the current forms of fossil fuels. Another major problem that will arise is the growing costs of scarce resources, and shortages of raw materials (Fueling our Future, 4-5). This issue may not draw full its attention until the demand is needed, it's the old supply and demand scenario. Though it is not presently a issue it will soon be the top most dilemma. According to the growth rates as of 2000 as stated in the book World energy and transition to sustainable development By Lev Spiridonovich Beli︠a︡ev there would be enough oil resources to last approximately 130 years (World energy and transition, 90) In April