In 1973 when oil was in short supply due to an embargo, the federal government became involved with energy efficiency and incentives. When the energy crises ended, so did the incentives. Although energy prices have decreased in the past few months, we must continue with our efforts to create awareness of our energy consumptions. We must maintain the strength to develop new technologies and offer other incentives to get everyone involved by upholding a “greener” lifestyle. Reality is energy prices will continue to rise as we continue to use up our natural resources. If each of us invests in simple things such as changing your light bulbs, converting products to energy star products, and turning the air conditioning up 2 more degrees will eventually make a significant difference for everyone.
SAVING TOMORROW
-- Energy is going to get more expensive, with oil reaching $200 per barrel by 2030. -- Carbon-intensive energy, which comprises well over half of the energy in the United States, is going to get much more expensive-in part due to a cap on carbon that could reach $180 per ton. -- The price and supply of fossil fuels will continue to be volatile.
Facts for the future:
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