Sunday, July 22, 2007

Oil and water - the liquid gold

These two liquids are the most precious liquid resources now and forever.

As oil fields, rivers, lakes and seas do not sit comfortably inside national borders, countries have and will go to war over these resources.

For oil, what are the challenges today and what can we do for our tomorrow?

  • 5.5 billions people on earth depends on oil and gas supplied from about 6 countries in the world. And these 6 countries are volatile for various reasons.
  • Energy consumption and rapid climate change.
  • Consequences of those who have and those who have not (the oil n gas supplies). Eg. Recently Russia threatened to shut down supply to its neighbours if the price is not met.

Solutions to slow down the problems above:-

  • preach and be energy efficient
  • investment in nuclear power
  • investment in wind, solar and biofuel renewable energy sources

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