Challenges to Energy Security - Is a demonization of conventional energy production under current global trends beneficial?: Difference between revisions

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The inevitable interdependence and cause of severe concern created by the process of globalisation, however,  becomes highly apparent in the field of energy supply. The [http://en.wikipedia.org/wiki/International_Energy_Agency International Energy Agency (IEA)] suggests that with a world population of then 8,5 million people energy demand will double by 2030. In 2005 the Hamburger Weltwirtschaftsinstitut (HWI) presented a study by which the future demand for oil grows by 1.7 % annually and the demand for gas by a whopping 2.4% a year should global economies retain their growth rates. Whether or not the [http://en.wikipedia.org/wiki/Oil_reserves reserve ranges] in that study (42 and 63 years respectively) are accurate it is probable that both will lose their profitability within this century.
The inevitable interdependence and cause of severe concern created by the process of globalisation, however,  becomes highly apparent in the field of energy supply. The [http://en.wikipedia.org/wiki/International_Energy_Agency International Energy Agency (IEA)] suggests that with a world population of then 8,5 million people energy demand will double by 2030. In 2005 the Hamburger Weltwirtschaftsinstitut (HWI) presented a study by which the future demand for oil grows by 1.7 % annually and the demand for gas by a whopping 2.4% a year should global economies retain their growth rates. Whether or not the [http://en.wikipedia.org/wiki/Oil_reserves reserve ranges] in that study (42 and 63 years respectively) are accurate it is probable that both will lose their profitability within this century.
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This presents the world with wide ranging questions and challenges on which paths are to be taken in order to guarantee a secure and cheap energy supply.  
This presents the world with wide ranging questions and challenges on which paths are to be taken in order to guarantee a secure and cheap energy supply.  

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