why should we use renewable energy instead of fossil fuels
No matter the drawbacks of renewable energy or benefits of fossil fuels, one aspect ultimately trumps the argument: fossil fuels are non-renewable. Fossil fuel consumption as doubled every two decades throughout the 20th century, with no signs of abating. Predictions for final depletion of fossil fuel reserves range from 50 to less than 150 years. Petroleum in particular presents a challenge as a resource: not only does demand consume oil as fuel but also as raw material for plastics, solvents, fertilizers, pesticides and other petrochemicals. Businesses can make an immediate impact by modifying their consumption habits.
Building improvements, equipment upgrades, and simply turning off power when not in use impacts the bottom line beyond lower monthly utility bills. It can extend the life cycle and lower the ongoing maintenance costs of equipment, and it can lower exposure to the risk of energy price spikes and environmental or legal costs.
I am often a little amazed when I find renewable energy skeptics pointing out that without government incentives, renewable energy would not be competitive with fossil fuels, as if fossil fuels have not benefited from a series of public policies that greatly facilitated their development and adoption.
Electric and gas utilities are monopolies regulated at the state level. Permission to operate and not compete and policies setting prices and assured return on capital investment are all provided by the government. Public service or public utility commissions operate in each state to protect the interests of those that generate and distribute electricity and natural gas. Then there is the oil depletion allowance, and the governmentБs huge investment in interstate and local highways.
And of course, there was the billion-dollar bailout of the American auto industry, which the last time I looked makes products that are mostly powered by fossil fuels. All these initiatives are driven and funded by government, all a result of public policies designed to bring energy to the widest possible number of people. So please, no more nonsense about competing on the so-called level playing field. American capitalism has never been pure; we have always had a mixed economy. Government has long picked Бwinners and losers. Б
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