The Global Energy Crisis Research

Fossil Fuels

-Coal prices doubled

-Disruptions to electricity

-Worlds energy needs will be 50% higher in 2030

-Fossil fuels far from environmentally friendly

-Efforts to make a global energy organization in the 1970s failed

-Need to reduce greenhouse gases.

-$130 oil barrels

-85 million barrels of oil produced in the world per day

-The UK ran a trade surplus in oil and gas

-UK putting millions of dollars into bio fuels, CCS and hydrogen technologies

Money

-Inflation

-High fuel prices are what is needed to reduce waste

-Gets people to stop buying them

-Production decline

-cost of producing energy is constantly rising

-Failure in the UK energy conservation policy

Energy Production

-natural gas liquid and ethanol produce a much smaller amount of energy than oil

-With economic growth comes increasing energy need

-The UK government supports road and air transport over electrified train and light train transport

-Efficiency is normally ignored

Greenhouse Gases

-Drastic increase in greenhouse gases

-causes increases in global temperature and increase in ocean tides

-Loss in Arctic Sea Ice

-Decline in Energy Production

-Possible effect may be another mini Ice Age

 

Works Cited

ElBaradei, M. Tackling the Global Energy Crisis. Retrieved Mar. 24, 2012, from

http://www.iaea.org/Publications/Magazines/Bulletin/Bull501/Energy_Crisis.html

Mearns, E. (2008, November 3). The Global Energy Crisis and its Role in the Pending Collapse

of the Global Economy. Retrieved Mar. 25, 2012, from http://europe.theoildrum.com/node/4712