Energy Production Debate

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In the future un-renewable resources, like fossil fuels, will be non-existent. “Fossil fuels currently account for 83% of the U.S. energy supply” (LePoire, 2011). The U.S. is fighting a battle to reduce the amount of fossil fuels it uses, which is currently at a staggeringly large level. As well as not being a renewable resource, fossil fuels are a heavy contributor to CO2 emissions and the effect they have on global climate change (Pollin, Wicks-Lim & Garrett-Peltier, 2009).When fossil fuels do deplete completely, there has to be something to take the place of that energy production. In comes renewable, green, alternative energy. There is a call for renewable energy to replace our current energy sources and to increase efficiency in all sectors. Now, one of the most important arguments involving this subject is Can U.S. energy production change from a fossil fuel driven market to an alternative energy driven market with technology and industry alone, or does the government have to use rebates, feed-in tariffs, tax incentives etc. to drive the market? As the saying goes, anything is possible. Though, in my opinion there isn’t a chance in the world for an alternative energy driven market to evolve through technology and industry alone. There isn’t enough free capital, interest, and technology for alternative energy to become our main source of energy without government intervention. Without the help of government through rebates, feed-in tariffs, tax incentives, and other forms of government spending, converting the United States from a fossil fuel driven to an alternative energy based market will fail. The arguments that drive green technology and renewable energy through government incentives include: The need to replace foss... ... middle of paper ... ...ndency. Kline, C.. (2010). Financing Alternative Energy in 2010 and Beyond: New Incentives for New Priorities. The Journal of Equipment Lease Financing (Online), 28(2), 1B,2B,3B,4B,5B,6B,7B,8B. Retrieved October 23, 2011, from ABI/INFORM Global. LePoire, D.. (2011). Exploring New Energy Alternatives. The Futurist, 45(5), 34-38. Retrieved October 23, 2011, from ABI/INFORM Global. Pollin, R., Wick-Lim, J., & Peltier, H. G. (2009, June). GREEN PROSPERITY: How Clean-Energy Policies Can Fight Poverty and Raise Living Standards in the United States. Schlesinger, W.. (2011). Climate Change. Interpretation, 65(4), 378-390,340. Retrieved October 23from ProQuest Religion. Victor, D., & Yanosek, K.. (2011). The Crisis in Clean Energy: Stark Realities of the Renewables Craze. Foreign Affairs, 90(4), 112-120. Retrieved October 23, 2011, from ABI/INFORM Global.
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