This article is about the open conflict between the Arab states and Israel set oil prices skyrocketing, and the world running out of many key natural resources. Both led to widespread calls for massive investment in alternative renewable-energy sources, and for new, non-energy-intensive lifestyles. The article also talked about much of the warnings for the lost of resources was ignored. Also the article state information from the International Energy Agency (IEA), that says if nations stick to existing policies, in what it describes as a “reference scenario”, the world’s energy needs would be more than 50 per cent higher in 2030 than they are today (and carbon emissions 57 per cent higher). The IEA report predicts that global carbon dioxide emissions would still increase by one quarter by 2030. In addition, the political task of making people worldwide move away from high energy-consuming practices is also important. Global warming is increasingly recognized as possibly the biggest “market failure” the world has experienced.
The article was very interesting. It made me think because of how mixed up the government and the world is. People in the government put everything but the important issues in the front. In the article is talks about how in the 70s there was issues about energy and had predictions about it getting worse and nothind was done. I also thought that this statement was important,“All countries must take vigorous, immediate and collective action to curb runaway energy demand”, because I think its a start at trying to change what was somewhat preventable.
http://www.bdafrica.com/index.php?option=com_content&task=view&id=4475&Itemid=582
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