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Transition to alternative energy is inevitable
2 June 2008Prompt rise in prices for oil has for the first time for long time created threat of sharp delay of rates of economic growth and has provoked increase in demand practically to all alternative energy sources.
Moreover, some experts mark, that the current power policy of many countries can in long-term prospect very strongly affect the future of the Earth and even to alter in the further economic and geopolitical balance.
Now the future depends on those decisions, which are accepted now. Authorities of the developed and developing countries should pay more attention to a problem of demand for oil as in the further it is impossible to exclude an opportunity of an energy crisis. Meantime, on a background of sharp growth of demand for oil and mineral oil, the prices for this raw material have jumped up practically twice, and last week for the first time in history have overcome a mark 135 doll./barr.
And, in market participants’ opinion, while demand for oil from developing countries (for example, China) will grow, it is not necessary to expect reductions of prices on this raw material. Already now the prices are on record-breaking high marks and not in the best way affect consumers.
Already now demand for alternative energy is much higher than several years ago.
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