Topic > The Future of Fossil Fuels - 646

Energy is what makes the world go round. All of our technologies are designed and developed based on readily available resources, the most common of which are fossil fuels. What happens when we finish? The technologies we rely on so much to generate food, shelter and transportation will cease to function. In this article, I will clarify the importance of developing and implementing alternative energy sources, especially renewable ones, in everyday technologies, and the resulting positive and negative consequences that may follow. According to Professor Chris Rhodes and the latest BP (British Petroleum) statistical review, “the majority of energy used by humans on Earth is crude oil, accounting for 33% of the total, followed closely by coal with the 30%. Natural gas follows in third place with 24%; nuclear and hydroelectric at 5-6% each; and the small fraction of our overall energy that comes from “renewables” is only 1.6%.” Based on his research, it can be concluded that we depend on fossil fuels for 87% of our total energy. A frightening percentage! Given that we currently rely on fossil fuels for 87% of our energy supply, it is important that more money is invested in research and development of new renewable resources. Fossil fuels are not renewable. They will finish! Failure to implement renewable and sustainable energy sources could lead to a national crisis. To give you an idea of ​​how quickly we are using our oil, we have already passed peak oil production. A “detailed assessment of more than 800 oil fields around the world, covering three-quarters of global reserves, found that most of the largest fields have already peaked and that the rate of decline of oil fields… at half of the paper......sources is that they are “too expensive”. Their EROEI (energy returned from energy invested) is poor, resulting in lost profits. Wind turbines, solar panels and most other forms of alternative energy are very expensive and inefficient. While this is true in some cases, there is a reason and a solution to the problem. More funds need to be dedicated to researching and improving these technologies. Nothing happens for free and research is no exception. Without sufficient funding, these clean energy sources will become neither more efficient nor cost-effective. Since every major aspect of society runs on fossil fuels, and these will run out sooner or later, it is extremely important to further develop and implement renewable energy in developing countries. daily processes. As our population increases, so will our demand for energy. We need to make changes before it's too late.