It is estimated that by the year 2032 electricity demand will grow by at least 40%. The amount of energy the world will consume will increase by 57%, over the next 25 years. With data like that, one really begins to ask themselves: Where is all this energy going to come from?
Last summer before the economy really started tanking, gas prices were at record highs. The whole oil industry seemed to be stretched to its max, with very little hope of increasing production drastically. On top of paying higher amounts to fill your vehicle, we are also seeing increased electrical costs and heating costs. As we talked about in an earlier post, if energy costs rise, the cost of everything must raise. Energy is the foundation of our society, the price of energy will always effect our lifestyles.
As the demand for energy rises, so does the price for energy. This is simple economics but, unfortunately this has the potential of having a very negative impact on our lifestyles. Why is it that America has only 4.5% of the world population but consumes more energy than any other nation? Can Americans really sustain the type of lifestyles that we have all become so accustomed to?
America has the largest economy in the world, which is a major reason why we consume so much energy. Energy is not only fuel for you car but it is the fuel that makes our economy go. When the economy is booming, energy usage is up and when the economy is in a slump, energy usage drops.
On the other hand, our society is based on cheap energy. All of our society’s decision makers and infrastructures use this ideology. Since this is the ideology that has been used for so long, it continues to be used by many today. For example, many communities in Michigan are looking into expanding their electricity capacity. Instead of building more electrical plants and drilling for more oil, why don’t we start looking into more way to conserve energy?
Also, most of the United States is without a good form of public transit. Many large cities offer bus systems, which are a good, but there is typically no transit available for travel destinations that are not within a city. Most of the time we are forced to drive a vehicle in order to get to our destination. Why hasn’t the United States been building a decent public transit system? Where are our high speed trains!?!
Conserving energy is going to become increasingly important. We are looking at future were energy could be less abundant and more expensive than we have grown accustom to. Now, I know many of you might think this is a crazy notion. I mean look at the price of oil now, it hasn’t gone over $70 in months. This sudden drop in price is only due to the fact that the world economies have been tanking. If our economy picks back up, so will the cost and demand of oil.
Everyone in our society needs to stop thinking that we have an endless supply of energy and that you can use as much energy as you want. Society and its members must learn to conserve energy and conserve resources. There are several things that you can do, as an individual, to help conserve.
If you look at chart, you will see how US energy usage is categorized. You have the ability to directly affect the amount of energy used in the transportation and residential sectors. You also have the ability to help sway policies in the commercial and industrial sectors.
So, how can you as an individual help reduce consumption? I hope to help answer that question with a series of posts, and with some help from you, the readers.
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