Investment Into Alternative Energy Research And Development
Investment into Alternative Energy Research and Development
The US government must continue to back the expansion of the role of alternative energy research and development and its implementation by companies and homeowners. Although this writer believes in the reign of the free market and that “that government is best which governs least”, our current system has companies and people expecting federal backing of major initiative with direct investment, in the form of tax breaks, rebate incentives, and even direct central bank investment into the alternative energy industry.
The US and its citizenry need to invest all of the time and energy that they can spare to the conversion from a fossil fuel burning society to one that is green for several different reasons. The green economy will not harm the environment or the quality of our air like fossil fuel burning does. We can become the energy independent nation that we need to be by cutting away our need to import oil, especially oil that is produced by anti-American nations such as Iran. Ultimately, renewable energies and extremely efficient energies like atomic energy are far less expensive than the continuous mining and drilling for fossil fuels. If we do not invest in our future now, catastrophe awaits us. We are going to need to consume more energy than ever in our history as we sail into the 21st century and beyond—our dependency on foreigners for meeting these energy needs only leaves us open to sabotage while draining our coffers in order to fill other nations'.
It can be argued that federal, state, and local governments should work in conjunction on the issue of alternative energy research and development and implement mandatory programs for new home construction and all home remodeling that stipulate the installation of alternative energy power sources—eventually over a certain period of years transforming into 100% installation of alternative energy sources for any new home or corporate building—as well as backing a similar program to have all new vehicles produced in the nation be hybrid vehicles or hydrogen fuel cell powered vehicles by the year 2020. All levels of government could also impose mandatory compliance laws on construction and utilities companies. The utility companies in all 50 states should be required to invest in alternative energy research and development while also being required to buy back, at fair rates, excess energy produced by homeowners through their use of alternative energy power sources. Strong financial incentives need to be in place for new companies to invest in developing renewable energies. This would not only make the US energy independent at the fastest possible rate, but it would stimulate the growth of the economy and provide tens of thousands of new, good-paying jobs for people.
Alternative energy generation in the forms of solar, wind, hydroelectric, biofuel, geothermal, and atomic; alternative energy storage systems such as more efficient batteris and hydrogen fuel cells; and alternative energy-furthering infrastructures with superior energy efficiency all need to be brought into the affordable price range through development. Government investment into these matters would surely help us along.
More Articles
Alternative Energy For The Home
An Alternative Energy Education Method
Wind Power As A Viable Solution To Meeting Alternative Energy Needs
Consultants On Alternative Energy
The Ways That The Military Is Using Alternative Energy
University Research Into Alternative Energy
Some Suppliers Of Alternative Energy
Investments In Alternative Energy
Investing In Alternative Energy Stocks
Related Products And FREE Videos
More Articles
The Ways That The Military Is Using Alternative Energy
... get their needed energy and clean water when engaged in a foreign military campaign. However, this is not wholly reliable, as the US might well find itself facing unilateral military activities, or have itself in a situation where its allies cannot help it with the resources it needs to conduct its military actions successfully. The US military is very interested in certain alternative ...
... to steam, which can be harnessed and used to drive turbine engines which in turn generate electricity. Great amounts of research and development should be put into geothermal energy tapping. Waste gas energies, which are essentially methane, reverse the usual energy-pollution relationship by creating energy from waste that lies in the dumps and from some air pollutants. This gas ...
Renewable Fuels For Alternative Energy
... prominently biofuels for ground vehicles. BP's investment comes to $50 million (US) per year over the course of the next decade. This EBI will be physically located at the University of Illinois Urbana-Champaign. The University is in partnership with BP, and it will be responsible for research and development of new biofuel crops, biofuel-delivering agricultural systems, and machines ...
Government Grants For Alternative Energy
... the President's was actually given at the NREL. There is almost unanimous public support for the federal backing through research grants, tax breaks, and other financial incentives of research and development of alternative energy sources. The NREL is the nation's leading component of the National Bioenergy Center, a virtual center that has no central bricks and mortar office. The ...
... produce 15% of the nation's electricity through wind farms, which the government has set as a national objective to be reached by 2010. But universities, research institutes, and government personnel in Ireland have been saying that the development of ocean wave energy technology would be a true driving force for the nation's economy and one which would greatly help to make Ireland ...