A discussion on the motives behind finding an alternate source of energy.
Written in 2005; 1,350 words; 7 sources; $ 53.95
Paper Summary:
This paper discusses the different types of alternate energy sources. There are three reasons for the U.S. to find alternate energy sources: cost, dependence on the Mid East, and the environment. This paper discusses the importance of both home and automobile alternate energy sources. The U.S. has offered incentives for different companies to work on finding these sources.
From the Paper:
""At some plants, electric and fuel costs alone can be reduced by more than 30 percent -- $200 million in one case - by taking advantage of smarter procurement methods already available but underutilized" (Industrial Energy, 3005, 27). These statistics are something that many businesses must consider with the fear of higher and higher energy costs. America has been warned on the news that natural gas prices can go up as high as 70 percent this winter. "But now, with natural gas rising to more than $7 per million BTUs and eastern coal up to $60 per ton, average U.S. electricity prices, by state, now range from 5 cents to 16 cents per kilowatt hour (kwh)" (Carey, Aston, Hibbard, and Grover, 2005, 36). Recently, the news warned that gasoline prices could go up as high as $5.00 a gallon during the Katrina crisis."
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