- 04 Nov
Companies’ Investment in Renewable Energy is the Demand of the World Economy
Renewable energy is generally defined as energy that comes from resources which are naturally replenished on a human timescale such as sunlight, wind, rain, tides, waves and geothermal heat.
- Wikipedia (http://en.wikipedia.org/wiki/Renewable_energy)
Renewable energy sources are clean and environmentally friendly. In contrast to fossil based fuels; renewable energy sources don’t lead to pollution and don’t damage our environment. The negative affects of using fossil fuels do not only have local ramifications, but also global ones. Below are some areas in which using fossil fuels harms the environment and us:
- Fossil fuels are not easily replenished and take centuries for the raw materials to convert into fossil fuels inside the earth.
- Traditional energy sources like coal and oil lead to damaging effects on our climate.
- The emission of green house gases has led to gradual increases in the temperature which in turn lead to changing weather patterns such as increased storms, cyclones and floods. These natural disasters cause a lot of damage to human life and property.
- Our economy is largely dependent upon the fossil fuels to meet our energy requirements.
- Most industrial and manufacturing companies are dependent on oil for energy. This affects the market due to changing crude oil prices.
- The majority of oil sources are in the hands of few countries, which in turn, have formed a monopoly and take advantage of high demand of this commodity.
- The latest threat is oil wells falling into the hands of militant groups who use them to amass wealth by black marketing the oil and using the funds for terrorist activities.
All these factors make it more imperative to convert to alternate and renewable energy solutions. There are companies that are investing in new technologies and exploring new sources of energy. The result is energy efficient products and tapping into renewable sources such as solar and water. Companies are also offering energy consulting where they provide their expertise to other companies on energy saving techniques and new energy solutions for business. Some of the results from these are superior LED lighting, CNG transportation, and solar energy solution for homes and industries.
Renewable USA has taken great steps to use the best products offered for energy efficient lighting and solar power solutions. For more information on how to incorporate renewable energy into your home or business call 888-416-1415, or email firstname.lastname@example.org today!
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