What Can Replace Conventional Fossil Fuel?

One of the problems is that fossil fuels are non-renewable. They are limited in supply and will one day be depleted.

In 2012, the amount of petroleum used every day skyrocketed to an all-time high of 88.9 million barrels used per day. (Energy, 2013) With such a huge dependency on fossil fuels today, it is critical that the world finds ways to increase efficiency to a maximum. That is why in most industries, new technology is always being produced that increases the efficiency of the machines, for example the aircraft industry. By simply adding afterburners in a jet turbine, excess jet fuel is not wasted, eliminating byproducts released into the atmosphere while gaining extra

The 20th century witnessed the discovery of substantial petroleum reserves in America, with domestic production peaking in the 1970s (Campbell, 2002), which serves as the primary fuel in the country. Since then, there has been a steady decline in production. However, recent economic growth has resulted in increased demand, making the United States one of the largest consumers of fuel in the world. Other fuels such as gas and coal, despite their significant domestic supplies, are also facing increased danger of exhaustion (E.W.G, 2007), necessitating the need for America to start weaning itself off these fossil fuels. In addition to these, the impact of these fuels on the environment and the atmosphere also necessitate the country to reconsider its energy sources. If we are able to decrease domestic use of fossil fuels, increase the amount of public transportation and deliver more innovation in alternative energy we could significantly decrease our dependence on fossil fuels.

Fossil fuels have been essential in the development of most industrial nations, there are a few realities of using them that these societies needs to come to terms with and they are most importantly the fact that these fossil fuels are finite and that they are detrimental to the health of our planet. With the growing need for our planet to steer away from the burning of fossil fuels, it has become inherent that we are very reliant on the burning of them to supply our energy demand, so much that it has become a daunting task to steer away from these fossil fuels and transforming to more environmentally friendly renewable energy sources.

it is expected that the world will experience a shortage of these fuels. Today, in the U.S., coal,

Alternative fuel is a big issue becoming more of a common discussion topic among many firms around the world, along with politicians all over the world. There are many regulations and government policies that will come into play in the years to come for the fuel market and those involved. There will be negative and positive externalities involved, issues that will need to be adjusted to, for example new companies entering the market, globalization that will affect price and price sustainability of profit and different types of mergers that will be described in this

Fossil fuels have been keeping our country running for quite a long time, throughout our history. The reason why fossil fuels have been so instrumental in our production of energy is the increase in technology. Technology has brought the world ways to dig into the earth and extract oil, which we have been doing quite a bit more of as late. The problem with this increase in drilling and digging for fossil fuels is that there is only so much of it, and cannot be created, or reused. Once, these fossil fuels are all used up, they will no longer be a source of energy for the world to use. This is why we have to find ways to preserve what we have left of these fossil fuels. Currently we do not have enough of an alternative source of energy for the world to run efficiently, and that is a scary situation that we have ourselves in. There are three different types of fossil fuels that we use, and that is where we are going to start.

With these fuels being such a crucial and essential part of Americas livelihood and status, it brings us to the question

(Economic Watch, 2010) Moreover, the one of the most developed country United Kingdom also dependent 85% of their energy consumes on fossil fuels. (Quaker Peace & Social Witness, 2013) Those two examples is the indicator that telling us how much our economy is heavily dependent on fossil fuels. It is a well-known fact that fossil fuel reserves are not infinite and this heavily dependent on limited fossil fuel is the one of key reason that boost the apprehension of that we might not able to meet the demands of the energy. However, luckily the world trend is heading to decrease dependency on fossil fuels. For instance, according to the International Energy Agency it identified that demand of bio fuels has been growth steadily from 16 billion liters in 2000 to 100 billion liters in 2011. (International Energy Agency) In addition, there are alternative power resources rather than biofuels to substitute fossil fuels such as Photovoltaic (PV) Solar Power, Wind Energy, Geothermal Energy, Hydroelectricity and etc.

The United States government, as well as many others around the world, have relied on fossil fuel as an energy source for a long period of time. The extraction, production, and development of these sources have contributed to the many issues with the environment. In addition to this, fossil fuel will not exist forever because there is a limited amount on earth and it cannot be restored. For this reason, the United states should consider substituting fossil fuel with alternative sources of energy. Switching to alternative source may save the Earth and may pose as a more sustainable source of energy.

As traditional oil and gas endeavors began depleting their resources the oil and natural gas industries were forced to find a new source of extraction if they were to continue producing fossil fuels at the same rate. This new

Current transportation is heavily dependent on fossil fuels such as oil, gas, and coal. Petroleum based fuels such as gasoline and diesel fuel, the most commonly used fossil fuels, are causing increasing global concern because petroleum is a finite resource. This means that as the amount of available petroleum decreases over time, the need for alternative fuels will increase. This is an important matter because it affects global energy security, food security, the environment, and economies. With governments around the world attempting to cope with increasing greenhouse gas emissions, the world is turning to cleaner, more efficient energy use and the use of renewable resources to address air pollution, global warming, and climate change.

Gasoline dominates in today’s industry and has a significant impact on the face of the earth in terms of climate change and economy. Some of the important and practical alternatives to current option – fossil fuels-primarily gasoline and diesel, and the Issues related to them are discussed in the following text.

Up until a few years ago, we used to exploit fossil fuels for almost all of our needs (heating, transportation, etc.) without thinking if there are enough supplies or even about their negative effects their emissions cause to the environment. According to many scientific investigations our fossil fuel resources (oil, coal and gas) are running out, furthermore their emissions pollute the environment and contribute to the greenhouse effect. Undoubtedly, these situations as well as the fact that the demand for electricity is increasing more and more globally made us thinking about using alternatives sources of energy. Many possible fuels are being tested at the moment in order to find which one is the most suitable in terms of efficiency,

The increasing demand for energy, the continuous reduction in existing sources of fossil fuels and the growing concern regarding