America’s Reliance on Fossil Fuels Essay
The other concept is the economic view-point. Oil is a huge commodity when it comes to economic gain and disputes. Currently, whoever controls the oil, controls the industry and can set the production prices. Renewable resources do not have this sort of industrial and economic control. Oil is finite in quantity and locations, whereas renewable resources such solar have such a vast source of power that one may as well claim it as infinite. When oil deposits start to dry up and become unprofitable to harvest, the price of oil will rise while oil companies simply move to another deposit or develop more efficient ways to harvest the oil. After this period of time the price of oil will not drop back to its original price.
There are also many disadvantages and consequences to using fossil fuels as a primary source of energy. Ownership of oil deposits induce heated political conflicts and even lead to wars. These wars use up reserved oil supplies, raise tax dollars, and inevitably create a hole in taxpayers’ wallets. Oil also accounts for 90 percent of our transportation needs. The exhaust from vehicles that primarily use gasoline and oil as fuel has a tremendous effect on the net CO2 concentration in the atmosphere. These changes, as commonly predicted, may lead to atmospheric and global temperature effects.
Thus, we are left