Introduction By 2020, the world will most likely face three vital trends that could impact on the way we generate and consume energy. The most significant trend will probably be the increasing environmental concerns across the world that forces the government to reduce their reliance on oil to generate energy. This is followed by the increasing hunger for energy from more developing or even undeveloped nations. Furthermore, the current renewable technology may also be improved and expanding at an exponential rate across the globe by 2020, making more renewable energy such as solar and nuclear energy replacing energy generated from oil. Under such circumstances, Singapore may face with various challenges but it is also a golden opportunities for Singapore to achieve sustainable economic growth and enhance its energy security.
Secondly evaluate the sustainable development of biofuel and wind energies. Finally conclude arguments on potential renewable energy to replace fossil fuels. Owing to the increase in the global population accompanied by an increase in energy demand as a result oil price crisis. Many governments... ... middle of paper ... ...f renewable energy or carbon-free debate and argument. This essay has attempted to evaluate the potential renewable energy both in terms of sustainable development and reducible global warming.
The Future of Hydrogen Fuel Cells The present global economy is nearly entirely dependent on petroleum and crude oil imports from the Middle East. Where the current situation stands now, oil prices will continue to skyrocket and the environmental impact will continue becoming greater if no form of alternative energy is implemented to a greater extent within the coming years. However, to this effect, the industrial cost of producing such forms of alternative energy is in itself primarily composed of coal and petroleum. In this light, I will investigate the practicality of hydrogen fuel cells based upon hydrogen consumption and exploitation. Hydrogen holds enormous promise for the future regarding alternative energy sources.
The company's discovered resources consist of 72 billion oil equivalent barrels of oil and gas. On average, each day, they produce 2.5 million barrels of oil and 10.5 billion cubic feet of gas (4). Their asset base, includes more than 60,000 production wells in 1,800 fields in 25 countries. With activities in some 40 countries, ExxonMobil's oil and gas fields extend from West Texas to West Africa and from Australia to Alaska (1). The company operates in deep seas, arctic ice and deserts in some of the world's most remote regions (1).
1. Tyco – A Brief Background Tyco International was founded in 1960 and was regarded as an important electrical and electronic components provider, fire protection system maker and electronic security service provider. It is a diverse producing and serving corporation. Tyco has done business in over 1000 locations in 50 countries and hires 69,000 employees around the world (TYCO, 2012). Tyco International has expanded rapidly and broadly since its IPO in 1973 and has numerous companies among the Fortune 500.
Third, the RFS2 introduced the first ever greenhouse gas regulatory system in the US transportation industry. Our paper hopes to discuss the fundamental benefits that will arise through the implementation and expansion of the biofuel industry under the RFS2. Based on the criteria specified in the biofuel expansion plan, t... ... middle of paper ... ...eed, forest, and grasslands etc.) has been changing to accommodate the growing production of biofuel crops. This change has lead to an increase in emissions, and loss of biodiversity.
Supporters of biofuels argue that it can reduce greenhouse gas by the growing plants or biomass that remove carbon dioxide from the atmosphere, emitted by crude oils. However, detractors claim that biofuels pose a threat to a global shortage of food and unpredictable environmental change. Necessary action needs to be set in place to counteract the damages of petroleum to the environment and the upcoming energy crisis surrounding it. Biofuels requires urgent global priory due to forthcoming energy issues in the coming years and cellulosic biomass has the potential to support future energy needs though higher production yields. Increased energy demands are expected to grow at least fifty percent by 2050 while crude oil means are rapidly diminishing without a feasible replacement.
About Keyspan Keyspan, a member of the Standard & Poor’s 500 Index, is the largest distributor of natural gas in the Northeast. In New York State, Keyspan is also the largest investor-owned electric generator. Keyspan has select investments along the gas supply chain as well as a dynamic portfolio of energy service companies. Keyspan’s acquisitions of Eastern Enterprises and EnergyNorth made them the largest gas Distribution Company in the northeast. They have 2.5 million gas customers, including customers in the lucrative New England market.
Building Blocks Known as the 4th largest standing natural gas distributor, Southern Union Gas serves nearly 1.5 million customers Nationally, and Internationally, for over 50 years. They have four divisions in the United States, which are: Ø Southern Union Gas in Texas. (Corporate Headquarters) Ø Missouri Gas in Missouri. Ø PG Energy in Pennsylvania. Ø New England Gas in Rhode Island and Massachusetts.
This is more than any other oil company on the globe. Though they produce large amounts of crude oil, the company is looking for other ways to be more sustainable. One of the ways that Saudi Aramco is trying to become more sustainable is by finding other alternate ways to cultivate energy. Solar energy is one way they are trying to make the future more sustainable. On their website, Saudi Aramco explains, “Saudi Aramco’s work is not just about our stewardship of the Kingdom’s abundant oil and gas reserves, but the quest to find cleaner energy solutions to power the domestic market and for export.