The Future For The Expansion Of Renewable Energy Essay

The Future For The Expansion Of Renewable Energy Essay

Length: 1024 words (2.9 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

Oxford University researchers predicted a substantial growth in green energy in the next ten to fifteen years to come. This will result in a large decline in the need for fossil fuels. This change is much needed and there is not a better time than now for our country to take the initiative and switch to renewable energy sources. However, the largest renewable energy company in the world just filled for bankruptcy. Is the future for the expansion of renewable energy looking bleak? The answer is obvious. Renewable energy is not implausible but far too expensive in many aspects to compete with massive fossil fuel industry. Despite the fact there is more than enough energy to capture, we have yet to develop the capability to effectively and economically capture and store renewable energy.
Joseph Aldy, a professor of public policy at Harvard University, states that there are several challenges holding back renewable energy growth. An increase in fracking has lowered the cost of natural gas drastically. This in terms has created less of a demand for other sources of energy such as solar or wind. Aldy notes that imposing a carbon tax could increase the demand for renewable energy, but until there is a larger demand for renewable energy, there won’t too much growth. Essentially, public policy professor, Joseph Aldy, believes we have yet to switch to renewable energy because natural gas is far too conveniently cheap to produce, despite it 's hazards to the environment.
Renewable energy is also made intentionally expensive by the fossil fuels industry. Katie Ottenweller, a leader of the Solar Initiative at the Southern Environmental Law Center, claims that utilities are blocking solar growth. This occurs because Utility co...


... middle of paper ...


...bsidies for oil and gas industries. If we were to eliminate fossil fuels and put the money that goes towards large subsidies for the fossil fuel industry towards solar power, it wouldn’t be so expensive.
Additionally, renewable energy is expensive in other aspects. Renewable energy is a threat to the fossil fuels industry. Millions of dollars are spent every year by lobbyist in Washington to prevent the expansion of renewable energy. The Fossil Free MIT organization claims, “The fossil fuel industry spends hundreds of millions of dollars lobbying and donating in Washington, D.C. against legislation for climate change action”. This legislation includes the expansion of renewable energy. The efforts by the fossil fuel industry and lobbyists in Washington to limit renewable energy are very costly and keep renewable energy unaffordable to the general U.S. population.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Renewable Energy : Fossil Fuels Essay

- Renewable energy is the key to replacing the use of fossil fuels, by increasing the use of natural resources to power energy sources. By promoting the use of renewable energy it would result in a decrease in negative environmental impacts. Fossil fuels are the main contributor to global warming, air pollution, acid rain, and oil spills (Pacific Environment, 2014). The dependence upon fossil fuels for energy has created a major environmental catastrophe, resulting in the loss of many ecosystems. As stated in Ibraham Dincer’s review; if humanity expects to continuously depend upon energy systems the environmental impacts need to be contemplated rather than pushed aside (Dincer, 2000)....   [tags: Renewable energy, Wind power, Hydroelectricity]

Better Essays
1431 words (4.1 pages)

The Effects Of Renewable Energy On The Environment Essay

- ... No doubt. The renewable energy technology can help in a little way to reduce the emissions of the greenhouse gases, but the fact remains that the whole production chain system for the technologies are not sustainable. Given that solar and wind are quite available and renewable, the production process of solar panels and wind turbines are not wholly sustainable. An ideal sustainable energy system is established by sustainable industries, which do not only generate a great number of renewable energy technology, but help to maintain the working system for a longer time, and this should be done in resource efficient way (Simon Davidson) It is also important to ask if renewable energy (take...   [tags: Wind power, Fossil fuel, Renewable energy]

Better Essays
933 words (2.7 pages)

Essay on Assessing Renewable Energy Projects

- As aforediscussed, many authors agree that capital utilization play an important role in defining business viability; however there is a lack of assessment methodologies for making such assessment possible on the context of assessing Renewable Energy Projects. In view of that, and in order to tackle this difficulty, a generic assessment model has been presented on Chapter three Within the context of studying Renewable Energy Projects, this section provides an application of the generic model as to provide a glance on the insights, or gains in knowledge that can be achieved from the exploration of capital....   [tags: Energy]

Better Essays
1149 words (3.3 pages)

Renewable Energy Systems Essay

- Until the 70’s, renewable energy systems were widely considered minor and declining power sources (Maugh, 1972). Since then, palpable advances in technologies, to produce an array of renewable energy-products (see Pandey, 2009), together with the promise of jobs and higher aggregated value to rural activities (see Domac, Richards, & Risovic, 2005), “greatly contributed to revise this setting” (Cowan, 2002; Petroleum, 2009; Sims, Hastings, Schlamadinger, A. Taylor, & Smith, 2006). Change started at a slow but steady pace, led mainly by the successive development of the economies of South-East Asia and Brazil....   [tags: Energy]

Better Essays
1771 words (5.1 pages)

Future Of Solar Energy Technologies Essay

- Future of Solar Energy Solar energy technologies (SETs) supply energy with less environmental hazards than oil, natural gas or coal. SETs are often overlooked because of initial start-up costs and aesthetics. As technology progresses, the costs are projected to decrease, thus becoming more accessible for businesses and homeowners alike. Even in the states that are prone to prolonged overcast or cloudy weather, the use of solar energy is still viable because it will cut down on the need for pollution-excreting fossil fuel power plants....   [tags: Photovoltaics, Solar energy, Fossil fuel]

Better Essays
1243 words (3.6 pages)

Wind Energy for Future Generation Essay

- Everyday we sit and work with our laptop, watch TV, play with tablets, use the coffee machine, use the lights, etc. Electrical appliances and devices exist today in very large numbers and will keep on growing at a very fast rate. In order to meet demands for electrical power, fossil fuels have been the main force of producing electricity ever since the industrial age. As effective as fossil fuel is, it will not last forever due to the fast rate of consumption and increasing electricity demand. As supplies of fossil fuel dwindle, it has become clear that renewable energy will become the primary source of global energy....   [tags: fossil fuel, wind turbine, global energy]

Better Essays
1495 words (4.3 pages)

Essay Renewable Sources Of Energy Sources

- Energy sources are the center of political debates at sate and local levels of government. When communities, organizations, and political entities have a say on what should be used as a viable source and what shouldn’t, there will be issues arising from many directions. This is due to the potential changes a matter like incentives to use renewable sources of energy, solar energy specifically, over fossil-fueled sources can have. Choosing the most appropriate source, in terms of sustainability, cost efficiency, and economic prosperity is a complex task....   [tags: Fossil fuel, Wind power, Peak oil, Nuclear power]

Better Essays
1213 words (3.5 pages)

Energy and Our Future Essay

- We are at a tipping point in history. On one side, there lies a world where man and nature live in a balance. On the other, there lies a frantic world of upheaval and chaos as the forces of nature combat with the needs of our civilization. The global expansion of population and the trend of urbanization in regions that are experiencing economic expansion directly result in more people relying on carbon-based resources and services. The demand for these services has increased with the growing economies of many states around the globe....   [tags: biofuels, nuclear energy]

Better Essays
1390 words (4 pages)

Energy Sources Essay

- Introduction Electricity is generated by the use of energy. Before going further, it will be necessary to talk briefly on what energy is all about. In this modern day, the standard scientific definition of energy is the capacity to do work, which means ability to move an object against a resisting force (Boyle 2003). According to (Beggs 2009) a physicist or an engineer will best describe energy in a form of an illustration. I.e. consider a mass of 1kg which is raised 1m above a surface on which it was originally resting....   [tags: Energy ]

Better Essays
2060 words (5.9 pages)

Energy Consumption Essay

- Energy Consumption Continuing expansion of the world population results in increasing demands for energy to support human existence. I will concentrate on countries that use a lot of energy from fossil fuels, as well as examine countries that are increasingly becoming dependent on alternative forms of energy, such as nuclear energy and hydroelectricity, and others including geothermal and solar energy. The fossil fuels I am going to examine are coal, natural gas, and oil. Within the sector of oil, I will specifically show the demand for petroleum imports....   [tags: Renewable Energy Essays Papers]

Better Essays
1212 words (3.5 pages)