Wednesday, May 6, 2020
Breaking Barriers Towards Investment Of Renewable Energy...
Breaking Barriers towards Investment in Renewable Energy The year is 2015 ââ¬â and all of the cars are zipping around in the air, Jetsons-style, due to a ââ¬Å"hover conversionâ⬠(Back to the Future Part II). That is how the 1989 movie, Back to the Future, Part II envisioned our world would be like in 2015. Even though that theory was proven wrong by time, the race for fuel of the future is on. With an unstable market for oil and over exploitation of fossil fuels, it will not be long before humanity will face a crisis in the near future, desperate for an alternative fuel. Are countries working towards a ââ¬Å"greener futureâ⬠, or are they making things worse? A look into some of the alternate fuels being researched and analysis of their stock markets brings forth some interesting data. There needs to be a significant growth in the market for renewable fuels and it is not possible without changing the current market structure. Archeologists have traced fossil fuels as early as 3490 BC in China, where they have found evidence of surface mining and household usage of coal. The British started using coal during the Middle Ages, when they were starting to run out of firewood (Moore). The growing popularity of coal led to a significant decrease in its quantity on the surface of Earth, resulting in the creation of coal mines. It was later in 200 BC that the Chinese developed natural gas and used it as an energy source. During the same period, the Europeans harnessed water energy to power mills,Show MoreRelatedThe Effects Of Melting Glaciers On Canada s Coastline Essay1616 Words à |à 7 PagesThe question is ââ¬Å"How might the breaking up and melting of continental ice in Greenland and the Antarctic affect Canadaââ¬â¢s coastline?â⬠. In the following sections, we have gathered an abundance of information from a variety of sources from which we will discuss, and analyze. 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