By Dylan Bigsby
As time continues to go on people are finding new ways to make energy more efficient and more environmentally friendly. As the energy development increase, interpreted broadly to mean increased provision and use of energy services, is an integral part of enhanced economic development. So if the energy and research of other sources of energy increases, it is more likely to increase the economy over time. Developed countries, use more energy per unit of economic output and far more energy per capita than those still in a less developed country. Energy use per unit of output does seem to decline over time in the more advanced stages of industrialization, reflecting the adoption of increasingly more efficient technologies for energy production and utilization as well as changes in the composition of economic activity.
If people are able to research new technology or new ways to find a cleaner energy source it will increase the GDP and the GDP per capita. If increased then it will show that the country is more of a developed nation and will be able to have a good economic structure. Development involves a number of other steps besides those associated with energy, notably including the evolution of education and labor markets, financial institutions to support capital investment, modernization of agriculture, and provision of infrastructure for water, sanitation, and communications.
According the the chart provided it shows how the energy will increase over time in certain states in the United States if projected in renewable energy.
According to ucusa.org, "smart complementary policies, state RES policies can help maintain the nation's momentum toward a clean and prosperous clean energy economy. To continue the rapid growth of renewable energy, UCS offers the following recommendations. Adopt strong RES policies and expand existing ones. State governments and Congress should establish RES policies that require electric utilities to procure at least 25 percent of their power from renewable energy sources by 2025. A national RES that sets a minimum level of renewable energy for all states would ensure that the entire nation contributes to clean energy transition. Invest in new transmission capacity for renewable energy. Federal, regional, and state authorities should identify transmission projects that provide the greatest economic benefits in delivering renewable electricity from where it can be most effectively generated to where it is most needed. Develop responsible and consistent siting regulations for renewable energy projects. State and local governments should coordinate their plans to develop harmonious, transparent, and science-based siting regulations for renewable energy projects."
If following those steps then we would be able to have more renewable energy that can be researched and will increase the nations GDP and per capita. Also will be able to power up more than we need to.
Work Cited
There is huge room for growth for alternative energy. Between research and development, installation, maintenance, and manufacturing, thousands of jobs can be created. Pretty soon we will have no choice but to rely on energy sources like the sun and wind. I myself will start to invest in various alternative energy companies in the near future.
ReplyDeleteWhile alternate energies are an option for the future, there are certain limitations inherently placed in them that make them difficult to integrate into our current economy. While it would theoretically create more jobs in the green energy sector, you also take those jobs from the work-intensive oil industry, possibly causing more people to lose their job than job openings in the green sector. Additionally, while many societies advance, decreasing the energy per capita required, the implementation of this still highly experimental technology could create a gap in energy required and energy provided. It is because of these aspects that alternative energies SHOULD be researched and refined, just not pushed into the open market just yet.
ReplyDeleteYou brought some some extremely valid points, and I agree with you. It is about time that humanity takes some serious strides toward protecting and increasing the health of the planet that birthed them.
ReplyDeleteI would have to agree with you John Soo the energy should be researched but not go into the open market so soon. Due to the fact that it might end up in a economic tragedy. Later on in the future we could put in the open market and can get more people researching and have more opportunities of energy.
ReplyDeleteAlternative energy is no doubt the future, and a large part of it in fact. While switching over may be the only way to obtain a sustainable energy source, there are a few drawbacks at this moment in time. The materials and labor to produce these are rather expensive and the technology is not as efficient as it could be which creates procrastination in the creation of solar panels, wind turbines, and other machinery. The upkeep of them would be rather expensive as well, incomparable to that of fossil fuels as we get millions of joules of energy a day from just one coal plant which is much easier to repair and provide service to than a field of solar panels. Thinking like an environmentalist, I would definitely have to say switch over to clean energy so we don't kill ourselves, and thinking like an economist, I would have to say switch over to clean energy so we don't kill our wallets in 100 years.
ReplyDeleteThere is no doubt that jobs can be created with this. Alternative energy is definitely an effective way to grow. Although, there are some downfalls to this, such as prices, we've found a way for everything else we've done, so why not this?
ReplyDeleteI agree that there should be alternate power sources but it will be physically impossible to completely get rid of all non green sources of energy. I like how you included the statistic that the goal for our country is that 25% of the energy sources will be renewable by 2025. By creating these jobs for these renewable energy plants, that will help the unemployment rate.
ReplyDeleteI agree that there should be this energy source but how are we going to replace everything that was already created? And how are we going to afford this at first? In the end we are going to be saving money and energy but isn't renewable energy expensive already? On the bright side, this will create more jobs for more people and save a lot of energy. ~Rose Renick
ReplyDeleteThere is a lot of room for alternative energy but eventually we are going to have to rely on energy sources more so,m such as, nature. But by using alternative energy it could benefit us majorly, with saving resources and helping out jobs get gained.
ReplyDeleteWhat I see as a contribution to the increase in the use of electricity is the fact that companies are coming out with new gadgets that take up more power to operate. People use these gadgets 24/7 causing them to charge them more then they need to.
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ReplyDeleteAs good as the idea of alternative energy sounds it will probably never happen. It doesn't mean we shouldn't strive to make energy cleaner but slitting an atom will create more energy than windmills or solar. As the population of the world increases we need more reliable energy more than renewable. Also I think that renewable energy would really not effect the GDP that much but good piece to write on.
ReplyDeleteI agree that alternative energy sources could be a great benefit wold wide. Finding new environmentally friendly alternatives would create jobs and help preserve the lands we call home. However, using alternative energy also eliminate some current jobs and would force people to re-evaluate their skill set. Clearly alternative energy sources will continue to develop in the near future, but discoveries don't come without drawbacks.
ReplyDeleteWow what a cool article! I never really put much thought in to the alternative energy field or how it was progressing, it just didn't seem to important to me, but this article really surprised me to the amount of opportunity and the amount of growth of such a new field in a relatively short amount of time.
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