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Trategy and Policies of the Oil Industry in responding to Global Warming

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A New Approach

Contrary to what many people think, developing new forms of energy that can be used to help reduce dependence on fossil fuels is: time consuming, expensive and requires utilizing all of the different resources. This is because the overall energy structure is dependent upon fossil fuels for all of the different energy needs. In order to make the alternative forms more viable there needs to be a constant focus on developing a wide variety of technology. The problem begins with the fact that no one single energy solution can completely replace oil. A good example of this can be seen with the electric car. Back in 1911 it was widely thought that the electric car would revolutionize the automobile industry. With the New York Times saying, The electric car has long been recognized as the ideal because it is cleaner, quieter and much more economical than its gasoline-fueled cousins. However, the problems that existed with this technology still exists, mainly it is not as reliable and can not hold as much energy as the internal combustion engine. This is important, because physics has allowed the combustible engine to provide the world with a cost effective solution