Friday, August 14, 2020

Best tech

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Over the years, efforts have been made to reduce the use of fossil fuels. Solar power, a renewable energy source, may possibly be one of the best technological advances of this century in order to resolve the problems associated with our dwindling fuel supply. While solar energy has already been developed and even in use in some areas of the world, the United States has yet to fully execute this initiative. In the 180s, campaigns by utility and oil companies argued that solar power is impractical and not cost effective. Unfortunately, the fossil fuel lobbyists succeeded and the federal government ended incentive programs for renewable energy. The 10s continued to discourage the use of solar power largely in part by the relatively low (conventional) energy prices. So now, in the 1st century, when energy prices are beginning to climb again, we should be looking more seriously into the possibilities of alternative energy, and moving with intent toward sustainability.


The major problems facing the use of renewable resources are those of economic and social barriers. Renewable resources tend to be capital intensive, so often compare unfavorably in cost terms with existing fossil sources, especially when operating in a privatized energy market. Open markets tend to favor a fast return on capital which acts against most renewable energy sources which are capital intensive, and often need significant development work. Another economic barrier that ought to be mentioned is the unequal distribution of research and development subsidies. Temporary instruments have been introduced to encourage niche markets for renewable resources to be developed, but these are generally short term only. This raises the problem that renewable sources are viewed by many as competing in an unfair climate against conventional fossil fuels. One of the benefits of many renewable sources, such as solar power, is their low impact on the environment, but this benefit cannot be utilized economically because the polluting effects of fossil fuels are usually not subject to a change. For example, the real cost of fossil fuels should include the environmental impact of acid rain and global warming, but these are not included in the pricing. Such costs are, of course, notoriously very difficult to allow for, but the real problem is the political and economic penalties incurred in imposing them. Not only would fuel bills soar, but also trade would suffer unless international competitors took other comparable action.


Our country has been and is struggling to find the correct way to encourage and implement solar usage. The US could learn a lot by following the good examples of several other industrial nations. For example, Israel and Japan are both heavily dependent on imported fossil fuels- even more so than the US. To counteract this dependency, they have created regulation to increase the use of solar power. Japanese homeowners had installed a total of 5 million solar hot-water heaters by the mid-180s and over 0,000 new systems in 187 alone. By 1, 65% of all homes in Israel were equipped with solar water heaters, and currently the Israeli government requires solar water heaters be installed in all new apartment buildings up to eight stories high. In many industrialized nations also, public concern about environmental problems and energy security have led governments to set ambitious goals for solar energy use. These goals have often been backed by increased funding for solar research and development, as well as economic incentives, including grants, low-interest loans, and tax credits for solar installation.


In the course of social barriers comes the ever-impending need for greed. Being on the receiving end of oil drilling, etc., people and society as a whole do not realize that our fuel supply is continuously dwindling. As long as people are being supplied with this particular demand, there is no problem at hand. However, it is only when this supply runs out that a crisis will result. All possible futures need to be taken into consideration. Our public suffers because our society and government seems to only be able to resolve conflicts that directly affect current generation and those of personal interest. The public is being blind sighted by our big businesses and therefore is unable to make unbiased decisions about the future.


To put things mildly in perspective, our generation has the opportunity to turn an old idea into some excellent use. Our fossil fuels are diminishing and we have the resources at hand to correct this dilemma. Unfortunately, the proper steps to correct this problem are not being taken. Our government needs to provide funding for increased research and development of renewable resources and a public education campaign should be initiated to increase knowledge of renewable and the dangers of non-renewable. In order to spark interest in our society, the government should make the following economic incentives offer grants towards the development of renewable resources, offer low interest loans toward the development of these resources, offer tax credit towards the purchase and development of solar energy, and also change the aim of subsidies from fossil fuels to solar energy and other renewable resources. Should these recommendations be taken seriously, many of the economic and social problems due to our dependency on (however lack of), fossil fuels could be resolved and therefore making solar energy one of the best technological advances that this century has to offer.


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