Fossil Fuel Crisis Essay

863 words - 4 pages

The fossil fuel has become a necessity in the world. The use of fossil fuel has shown an explosive growth in the last few years. The production of cars, aero planes etc which can only be operated by using oil is increasing dramatically. The purpose of this report is to hold your attention about a very common problem, which is about the fuel crisis. Fossil fuel crisis has objective and subjective causes that can create serve consequences in to the rich and poor countries and it has solutions too. "Fuel crisis" is a crisis which occurs because of over consumption of fossil fuel in order to produce heat or power, and which can harm the long-term survival of a firm or brand. This report is based ...view middle of the document...

They are the ones that favours short term profit over long term planning, competitors, conspicuous, consumption and exploitation of the earth rather than balanced utilization. Alternative energy are less profitable. Therefore people are concentrated to use fossil fuel rather than alternative energy.The status of Russia according to the experts will be short lived. The president of Russia, Valdimir V.putin said that they will be a conventional partner of oil and they will be enormous in supplying the oil. Even though if he say's the truth behind is at the hand of experts.Any business organization main aim is to make profit like the oil industry. Therefore creating an alternative energy without knowing the current presentation of the world is relatively difficult.The most useful resources in the world are now vanishing and the price of oil increasing because of over consumption. Fuel crisis is looming on the earth and Geologist Colin Campbell estimates their will not be any more oil in the future.Every natural recourse in the world is limited. The main problem is people are not much aware of these things and they think it will be a free lunch. Second problem is that dumping or releasing toxic waste in to the air by thinking that it is also free. Third and fourth problem are that the law of entropy is not accounted for in economies or political planning...

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