Friday 8 July 2011

Energy Crisis

Energy is part of our civilization. It is what keeping the economy to move and prosper. The energy provide us the source of light, heat, power and drive for our idea to be manifested in physical world. Energy give factory to produce, keep computer to work, keep the light to on, keep the building warm during winter, keep the vehicles to move and more. Energy enable us to erect 400m length of giant ship, enable us to send space ship to the moon, enable us to build bridges and roads, and finally enable to keep food production to sustain 6.5 billion life on earth (maybe not all 6.5 billion). Energy is playing a very important role in our everyday life, keeping our civilization stable and sustain. Energy is what drive the economy engine to run. Imagine what will happen when energy runs out?

Most of us will likely to believe the scientist will take care of it. The politician will not let such things to happen. It will not be at least during my time. Regardless which mindset you are, is irrelevant. It will never change the facts, indeed the cheap fossil energy we enjoyed for the pass few decade is running out. What could explain the recent surge of fuel price despite we undergo a major financial institution downsize in the history? What could explain despise the automobile market is on all time low, with jobless at America (the world major consumers) at 9.2%, and many European countries are on the brink of default (Greek for example); the energy price still on surge? With many economy calamities on global scale, which in fact will drive down the market demand (on aftermath effect); the energy price surge to all time high at 100 USD range. The simplest way to explain, is the supply had fall. As supply and demand is the most fundamental rule to govern the price of items (acknowledged there are other facts such as taxes, government policies and physiology of market), we now should be able to see the implication of energy supply crisis in near future. The crisis will bring severe recession, then depression, with hyperinflation ending (Wiemar republic German during 1910s); our known civilization world can collapse. Such implicitness incident are not new to us, as happen during 1970s, 80s. But, we human are very forgetful. Most of us reluctant or choose not to acknowledge the problems, let alone to act for prevention nor cure. How to please our boss tomorrow seem to be a more divine jobs to do for most of us.

As for every disease, come with certain cure. The crisis we might faced are not totally deathly. It just require a total new way of thinking and reformation of lifestyle in global scale. I am no expert to comment or suggest any solution but innovation and transition from dependence on fossil energy to clean conservative renewable energy (wind, solar, etc) is logically one of it. Unfortunately, such innovation effort are not even at half of silicon valley efforts (IT which is good to have, but without it, we still survive, as refer to our grandfather days) . Experts estimated as for US alone to do such transition will cause about 1 trillion dollar (equivalent to the expenses of world war 2). It require both public and private cooperation to make the change happen. It is worth it, if human can perceived the most obvious essential thing in life - heritage (civilization & our next generation survival) and our planet earth. What uses for the wealth (pseudo paper money), if the civilization are no longer exist, or be worst our used to be a clean green equilibrium world are on the brink of disastrous. It is not the 200% return of investment the good investment for us to made next year, but a negative return investment to our mother earth, which the only reason we able to survive until now.

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