Saturday, October 6, 2012

Why is better to use renewable energy instead of oil?

Contrary to what some people think, climate change isn't the only reason why we should be using more renewable energy sources and less oil. It is true that burning oil is one of the major reasons behind excessive greenhouse gas emissions that have resulted in global warming and climate change phenomenon and that this wouldn't be the case if we would use solar, wind or geothermal energy instead. But there are several other reasons that make renewable energy better options as compared to oil.

Oil is just like the rest of fossil fuels (coal and natural gas) finite energy resource, meaning it will eventually become exhausted. The 2009 study by Oxford University has downgraded estimates about current oil reserves from between 1150-1350 billion barrels to between 850-900 billion barrels. What this means is that oil cannot guarantee future energy security because oil isn’t renewable energy resource and therefore cannot be replenished.

Oil getting extracted. Oil is unlike renewable energy source finite source of energy.

Using more renewable energy and less oil would also improve our energy independence because we are paying billions of dollars to oil-rich countries. This money could be instead used to create powerful renewable energy industry that would employ many people, give our economy a major boost, and keep our own money within our own borders.

Oil prices are very volatile and the period of cheap oil seems to be gone forever. Renewable energy technologies are still costly but their prices continue to drop sharply which isn't the case with oil. Many energy experts believe that oil prices will break the $200 barrier by 2030.

Renewable energy gives variety of different options and countries can choose from many different renewable energy sources (solar, wind, geothermal, biomass, hydro resources) in order to find the one that has the best potential and best suit their needs. This isn't the case with oil because the lack of domestic oil can be only compensated with the expensive foreign import.

Renewable energy has enormous potential. Solar energy, for instance, is by far the most abundant form of energy available on our planet and we should be definitely making the most of it.

As you can see there are plenty of reasons to use renewable energy sources instead of oil. The present may belong to oil and other fossil fuels but the future will no doubt belong to renewable energy.