Your Questions About Renewable Energy World

admin answers:

There is no evil per se in the energy business. The problem is, profit and loss alone drives things the way they are, and the environmental costs are, at present. External to the energy companies’ balance sheets, so they have an economic incentive to damage the environment, which historically they have done. Anything that is free gets overused by profit-motivated enterprises, including any environmental resource (air, dump sites, extraction sites, etc.) Utility companies are highly regulated at the State level, and the regulatory bodies are often elected, so the power of the ballot box can be used to get them in line. “Energy companies” (oil, coal, and gas producers) respond primarily to market conditions (collectively, all of us who buy energy) and to regulation (which they fight in the political arena because compliance costs money.)

Energy law must be national or international to be effective, and we, humanity, have barely gotten to the State and Province level for putting these externalities back on the company balance sheets. Furthermore, regulations must be administered by civil servants, so all that elected officials need to do to protect the status quo is to fund too few and appoint managers who are pro-industry.

Green energy will be embraced by the private sector when there is a competitive amount of money to be made in it. In the meantime, individuals can promote legislation that makes the externalities internal, so that green is more profitable, and can take advantage of existing rules that allow homeowners to generate their own power and requires utility companies to buy it.

Demonizing the opposition does not facilitate a solution. In the end, it is what is done, not what is intended, that matters.

admin answers:

Renewable energy are the demand of this age. In past, energy were derived from burning of wood and other biomass sources. And then from coal, natural gas and petroleum products. But as these source of energy unlike wood and biomass products require hundreds and thousands of year to produce, they cannot be replenished and their source is getting depleted at faster rate with rise in population. Thus, energy crisis in future can be predicted even when the world is getting more and more energy dependent if we continue to rely only on the these sources of energy.

Another point is, not every country has got crude oil and coal reserves. Their economy is dependent on other countries as their energy cost can be huge which the other country can manipulate, much like middle east controlling oil – supply and prices which went above $140 per barrel (as of now is above $ 40/barrel). This makes a country less dependent on other country for their energy demand if they can use renewable energy available in their country. Energy from biomass is available everywhere, so is the solar energy(less in high latitude), In the region of higher altitude, wind energy can be harnessed, and energy can be harnessed from ocean, river and other water (larger) bodies and from earth (called Geothermal energy).

Another very important advantage is they are clean source of energy. They don’t cause air pollution either while producing energy from them (like energy from coal) or using them (like using gasoline). With the rise of issue of global warming and cutting out green house gas emission, it becomes more and more increasing important to use them instead of more polluting sources of energy.