The crisis often has ca expend on the rest of the economy, with many recessions being caused by an energy crisis in some form. In particular, the production costs of electricity rise, which raises manufacturing costs.
For the consumer, the price of gasoline (petrol) and diesel for cars and other vehicles rises, leading to trim consumer confidence and spending, higher transportation costs and general price rising.
Energy alternatives:
Alternative energy sources are submited to flip oil and other fossil fuels. These new energy sources take on: solar energy, oil sands, ethanol, wind energy, coal mine methane, geothermal energy, nuclear energy, hybrid cars, LNG, GTL, hydrogen fuel cells, and natural gas. some(prenominal) environmentalists might disagree about including the newly-discovered shale sources of natural gas as alternative energy sources, but the reserves of clean natural gas in shale formations are too large to be ignored.
Pakistan and Energy
Pakistan is presently facing a serious energy crisis.
in spite of strong economic growth during the past decade and outgrowth rising demand for energy, no worthwhile steps reach been taken to install new capacity for generation of the call for energy sources. Now, the demand exceeds supply and hence load-shedding is a public phenomenon through frequent power shutdowns. This shortage is badly touching industry, commerce and daily life of people.
All possible measures need to be adopted, i.e., to conserve energy at all levels, and use all available sources to enhance production of energy. The Almighty Allah has gift Pakistan with abundant water resources with water flowing down the Himalayas and Karakorum high gear from the worlds largest glaciers, a free and unique bounty of nature for this orbit of alluvial plains....If you want to get a full essay, prescribe it on our website: Orderessay
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