This website uses cookies to ensure you have the best experience. Learn more

Energy Crisis Essay

531 words - 3 pages

The potential for crisis if we run out of energy is very real but there is still time before that occurs. In the past two decades proven gas reserves have increased by 70% and proven oil reserves by 40%. At expected rates of demand growth we have enough for thirty years supply. Moreover, better technology means that new oil and gas fields are being discovered all the time while enhanced recovery techniques are opening up a potentially huge array of unconventional sources, including tar sands, shale gas and ultra-deepwater.
The security of global energy supplies continues to be problematic. Today, oil and gas reserves are in the hands of a small group of nations, several of which are considered political unstable or have testy relationships with large consuming countries. Eighty per cent of the ...view middle of the document...

Up to now the energy industry was judged by two metrics: its contribution to energy security and the cost of energy delivered to the consumer. To this we must now add a third: its success in reducing the emission of greenhouse gases, chiefly carbon dioxide, into the atmosphere.
Fortunately, finding solutions to these differing energy crises demands a broadly similar response:
1) Reduce growing energy demand through improved energy efficiency and conservation. The key for continued economic progress is to learn how to create more wealth with less energy.

2) Research, develop and deploy a broad range of energy sources, both domestic and international, to work with properly functioning global markets to help meet future energy demands. Fortunately we already have many technologies at our disposal: from wind, wave, solar and biomass for heat and power, to liquid biofuels, biogas and electric motors for transport.

3) The so-called ‘developed countries’ along with large developing countries such as China, India, Russia and Brazil, should agree and adopt a common position on climate change, focused on reducing greenhouse gas emissions through an effective cross-border market and technology transfer mechanism. Put simply, we cannot hope to avoid the dangerous consequences of climate change unless global emissions are halved from current levels by 2050. At current rates of population growth and with current technologies this will be impossible without a global agreement to limit and disperse the negative consequences. Developed countries must shoulder the initial burden with an agreement for immediate emissions cuts. In return, the largest developing countries must agree to cut their own emissions in the future, but only after having achieved some recognisable level of economic development.

Other Essays Like Energy Crisis

Energy Shortage in Pakistan1 Essay

714 words - 3 pages ------------------------------------------------- Energy Crisis Of Pakistan Short - Presentation Transcript 1. M. Nadeem Jahangir 25 February 2009  Institute of Science & Technology Development, Mehran University of Engineering & Technology, Jamshoro-Pakistan. ENERGY CRISIS OF PAKISTAN: CAUSES & REMEDY 2. * Introduction * Objectives * Energy Resources of Pakistan * Ten Years of Energy Consumption

The Energy Mix Essay

588 words - 3 pages Could/Should Other Forms of Energy Become Major Players in the Energy Mix? Anonymous ENG122 Shayla Gordon 2012 Could/Should Other Forms of Energy Become Major Players in the Energy Mix? Our world faces a major crisis, meeting the escalating energy demands of the growing public, is using up our world’s natural fossil fuels. Our government has invested much time, and money researching alternative energy sources and implementing ways to

Energy Crises - Essay

1033 words - 5 pages “Today´s food and energy crisis” is not new. We know and try to handle this problem for decades, but we have not found a solution yet. On the contrary, it seems that a solution is more urgent than before. And it should be clear that to “improve society´s well-being” should not mean the increase of disparity between rich and poor. So it is necessary to understand why society has not yet been able to solve the crisis, and to think about how to


2102 words - 9 pages . Supply of energy is, therefore, far less than the actual demand, resultantly crisis has emerged. An energy crisis can be defined as any great bottleneck (or price rise) in the supply of energy resources to an economy. 2. Pakistan’s Energy Sector: Pakistan’s energy infrastructure is not well developed, rather it is considered to be underdeveloped and poorly managed. Currently the country is facing severe energy crisis. Despite of strong economic

Great Shortfall in the Supply of Energy Resources

676 words - 3 pages The growth of human being has travelled a long journey. It was the greatest achievement of primitive man when he discovered fire with the help of a stone. With this human history moved very fast. Later on a number discoveries and inventions were made which changed human life completely. Energy is such a great invention which made our life more and more comfortable. It has become most needed necessity for us. It has created a crisis also. In

Energy Resource Plan

717 words - 3 pages become second nature for some but not a lot of people even know how to save on energy because they were never taught or just know care enough to even start to learn how to conserve. If everyone would take the time to a little this would not be an issue. An example of an energy saving crisis would be. Take our cars for example if we were to take care of our cars it would put off less carbon that if it were neglected from the maintenance. Another

European Energy Security

2861 words - 12 pages economic activity as a result of the financial and economic crisis, rather than a structural shift in the pattern of energy consumption (2). Indeed, in 2010 there was a rebound in the level of GIC of primary energy in most of the Member States with only Greece, Spain, Cyprus, Lithuania and Portugal, possibly reflecting the low level of economic output and consumer confidence in several of these countries. However, in 2011, most of the Member

New Energy Era

1956 words - 8 pages New Energy Era It is easy to predict that our current usage on fossil fuel and coal will lead us to an energy crisis. In order to survive in the energy crisis, governments and companies in the energy industry are looking for alternative ways of extracting energy—mostly from renewable sources, which we call “green energy”. Even though the mainstream awareness and government pressure are continuously growing, the rate of renewable energy

India's Energy Security Challenge

1045 words - 5 pages India and the rest of the world to a point in which dependence on the region would be far stronger. In addition to its struggle to secure supply, India is becoming increasingly aware of the fact that its economy is highly vulnerable to supply disruptions. Till recently, India did not have an energy security policy or contingency plans to fall back on in case of crisis. Nor is it a member of any organization like the International Energy


1245 words - 5 pages it is vital to reverse the irrational use of non-renewable resources. In recent years, in virtue of the greatly decreasing of non-renewable resources, scientists and researchers are accelerating the development of the Green Energy, such as wind, wave and solar energy, strenuously making the new green energy more acceptable and popular among individuals, countries and the world. "For example, Renewable energy is seen by the UK government as one

Oil And Progress

1992 words - 8 pages Outline:1. Introduction2. Oil as catalyst of progress.3. Review of past and present business models.5. Appendix.6. References.1. IntroductionModern life is impossible without three major types of energy sources- coal, gas and oil. The first place in providing energy needs is under the oil (40 per cent of commercial usage of energy), furthermore a huge number of essential chemicals and industrial products can be retrieved from it.Oil industry

Related Papers

Energy Crisis In Pakistan Essay

3969 words - 16 pages desperate water scarcity in the coming few years. (Pakistan council for research, December 5, 2009). The annual per capita availability of water has dropped from 5260 meter cube.(m3) in 2006 ( WAPDA website, December 5, 2009 ) Pakistan’s Rising Energy Demands and Alternate Measures: Pakistan is facing energy crisis in natural Gas, power and Oil. Pakistan’s total energy requirements are expected to

Energy Crisis Around The World Essay

866 words - 4 pages There is acute shortage of energy in the country. This leads to energy crisis which is apparent in frequent load shedding, power failure, closure of factories, man-hour loss and decrease in production. Part of the problem is related to the insufficient energy resources leading to the shortage in supply which is not able to meet the growing demands of power in the rapidly expanding industrial, transport, agricultural and urban sectors. A

Modern Energy Crisis Cause By Oil Companies

890 words - 4 pages Americans that most of us are we use energy every day, and if all of a sudden we couldn?t access it things would be chaotic, for instance, the California blackout. Like most issues there is always two sides, just as in this one, and while oil companies ?observe? the energy price crisis, they blame the consumers. This epidemic is a strong battle between the consumers and oil companies. Oil companies think that the rise in the demand for energy from

Background Information On The Kenya’s Crisis On Biomass Energy

1934 words - 8 pages Background information on the Kenya’s crisis on biomass energy Introduction Kenya faces a number of economic, social and environmental challenges. During a period of 40 years, the country fell from one of the most promising developing countries in sub-Saharan Africa, both in terms of growth and social development, to a stagnated economy struggling to find a new roadmap of sustained growth. Between 1972 and 2003, for example, despite real GDP