Why Going Green Can Benefit the Environment and Your Finances

The rising price of gas, utilities and goods has forced many to reconsider how they do things on a daily basis. This has given rise to new technologies, alternative fuels and car designs that are more friendly to the environment and consumers’ wallets.

The race is now on to see who can create the latest and most efficient technology to run homes, cars and other products without traditional sources of power. For example, cars are increasingly appearing on the road that run on ethanol, electricity and even hydrogen in the near future. Wind turbines are also appearing in many parts of the country, providing power for homes and businesses.

These emerging technologies have opened up new avenues of research, investment and profit for businesses and consumers. They can easily research these various opportunities online, especially through companies such as UFX Markets Trading. Many of these technologies are already bringing in big profits for many investors who are getting involved early on. Ethanol has already made a huge mark with stations carrying it at the pump all over the nation.

These new technologies are also creating many jobs, which is good for the economy . Schools are starting to offer degree and vocational programs in these fields, especially in solar and wind technology. Many of these are certificate programs that take one to two years to complete, with job openings popping up each day. This means not only benefits for consumers and their finances, but also a cleaner act for the environment.

 

The Public Calls for Leaders to Show the Way to Going Green

It is crucial as the public becomes more educated concerning the harmful effects of fossil fuels, for political leaders, large influential corporations, and significant world organizations to set the example of standing of for clear energy in decisive ways. Leaders must transition to cleaner, more renewable sources of energy and leave behind the non-reusable sources of energy that are so prevalent today, but also so destructive to our earth’s atmosphere.

Although currently, fossil fuels are the standard due to their high power energy content and relatively low cost, they are contributing to global warming world wide. This is a growing concern to individuals and countries at large. As research is conducted and discoveries made to solve this difficult challenge, leaders must take the initiative to make changes to go green. Individuals definitely play a part, but will take cues from leaders.

This is why it is reported that some are questioning the actions of the World Bank. Although its rhetoric has conveyed interest and full support of clean energy resources, it actions from 2007-2010 would show otherwise. The public applauded the World Bank’s financial support of clean energy projects over the three year period in which its support of renewable sources of energy increased a whopping 300%. Many feel that this is to be commended and lends a powerful example to the public and the global community.

On the other hand though, during the same period of time, from fiscal year 2007 to fiscal year 2010, the World Bank also increased its support of fossil fuel plants and projects by 400%. The World Banks’ lending to fossil fuel projects reached a record high of 6 million dollars.

For individuals world wide such actions on the part of influential organizations, can be counterproductive. Although the change to more environmentally-friendly practices is a difficult transition, the public community will lean on its public leaders to take the lead and show the way.

What do Fossil Fuels do to the Environment?

It is a well known fact that fossil fuels currently are more cost-efficient than alternative sources of energy. They also are highly-pack with energy which makes them very desirable. It is reported that currently fossil fuels account for 85% of energy consumption in the United States.

There is one cost though that can not be labeled with a specific cash price and that is the environment. Fossil Fuels may be less expensive currently, but their significant impact on the environment can and will continue to cost the United States financially and otherwise. Unless action can be taken and precautions set in place, future generations may have to pay for this generation’s poor choices.

Below are just a few ways that the environment is affected by fossil fuels.

  1. Extracting fossil fuels from the ground disrupts the ecosystem where the mining and drilling are done. This is why, for example, many environmentalists have been hesitant to allow oil corporations full reign of Alaska’s rich resources since it will influence the natural habitats of plants and animals. Also much of mining and drilling are done in areas that could contaminate the clean water supply to communities, businesses, and neighborhoods.
  2. Fossil fuels must be burned in order to tap into their full energy capacity. This can release nitrogen oxides and sulfur dioxides which contribute to acid rain.
  3. The most troublesome affect of fossil fuels is the release of carbon dioxide in to the atmosphere when the fuel is burned. This heats up the air and creates a “greenhouse affect” around the earth leading to global warming. Many attribute the increase of natural disasters the globe over to global warming.

Scientists and politicians alike are looking for a solution to these problems. The goal is to use more environmentally-friendly sources of energy at a more cost-efficient price for the consumer. When this is accomplished, not only will Americans wallets benefit, the costly damaging affects of our energy resources will be eliminated.

The Expense in Getting Fossil Fuels

Most of us use fossil fuels every day and do not even realize it. Electricity to light homes often comes from power plants that use fossil fuels. These fossil fuels, when burned, release toxins in to the air.

Many of the products we use, needed the use of fossil fuels to be produced, such as computers, televisions, or telephones.

Many of us use electricity to cook our food either on the stove, in the oven, or in the microwave. Again, this counts towards the use of fossil fuels. Many vehicles of transportation require fossil fuels to be manufactured and run. Even the furniture we sit on requires power tools to make. This means more electricity and thus, more use of coal, oil, or natural gas.

These resources though will not be available forever. In fact, they are depleting quickly as each generation demands them more and more for their lifestyles.

Not only is this, but to acquire these resources extremely expensive. America often has to import oil or petroleum from overseas. Not only is this expensive, but it is risky as well. Often there is a chance of an accident which can result in an oil spill. This is extremely hazardous for the environment. Wild life is affected and the sea water is polluted.

While we do have reserves of oil in our own country, again it would be costly to retrieve and impacts the environment. Alaska, for example, has huge petroleum reserves, but getting this out of the ground is expensive and can jeopardize the wild life as well as the landscape.

It is also reported the Dallas/Fort Worth area of Texas lies on a huge natural gas reserve. This too is a costly venture since this area is densely-populated and retrieving the energy resource could cost more money and effort than it is worth.

Can Your Car Hurt the Environment?

Most of us love our cars, not just the style or color or even how fast they can go, we love our cars because we depend on them for a majority of our daily tasks.

Cars are what enable travel from place to place. Millions of Americans use cars to get to school, work, church, the grocery store, or to the movie theater. The list could go on and on. The bottom-line is that hardly a day goes by where the public is not taking advantage of this convenient way to travel.

This also means though, that not a day goes by in which more carbon dioxide is being emitted into the air through cars’ tailpipe emissions. This carbon dioxide, released in to the earth’s atmosphere, is a major factor in today’s global warming. As global warming occurs there are more and more natural disasters.

Those who are more concerned about the environment may use their budget to buy a hybrid car or a purely electric car. What is the advantage? Most cars use the fossil fuel, oil or petroleum to run. These use gas to power a combustion engine. As mentioned above, these gas-powered cars release tailpipe emissions which increase carbon dioxide content in the air. As this gets trapped in the atmosphere it has a green house affect and contributes to heating up the earth. Although fossil fuels conveniently power millions of cars, they unfortunately harm our environment.

Buying and using an electric car is a preferred option. An electric car is powered by electricity which eliminates all car emissions. Even a hybrid car, although it still has a combustion engine combined with electric power to help the car run, can reduce the carbon dioxide in the atmosphere. As long as the electricity supply to power cars is coming from a renewable source of energy, such as from windmill power, then electric cars are more environmentally friendly than those tapping into fossil fuels for power.