The Rising Cost of Fossil Fuels

Currently, Americans are increasingly aware of environmental changes that occurred over the past 200 years. The storm is getting stronger and stronger, and in the past similarities, the seasons are becoming increasingly difficult to compare, and many aspects of different ecological structures due to the direct relationship of burning fossil fuels It began to disappear. Americans are also looking for new ways to preserve their behavior. In the past 30 years, as fuel costs rose, many people needed to review current and future financial plans.

The cost of wind power generation and solar power generation is steadily decreasing, and the cost of fossil fuel is rising. Exploration is even more offshore, deep underground, it has to be done under the ocean floor. This clearly shows that while fossil fuels, investment and employment are declining steadily, employment in the domestic energy sector will grow to improve energy efficiency and clean, renewable energy production, assembly and operation Respectively.

Due to rising costs and the ecological disadvantage of fossil fuels, people are concerned about the future of the global energy supply. According to the World Energy Council, fossil fuels make up about 82% of the world's energy. This causes serious environmental destruction from the viewpoint of greenhouse gas emissions, sea level rise, and air pollution. In addition, as the world continues to experience globalization, rapid industrialization and technological progress, it will certainly reach where the supply of fossil fuels can not meet demand. Therefore, we must seek alternative energy sources (Soetaert and Vandamme, 2006).

From an economic point of view, contamination by fossil fuels is considered an external negative factor. Taxation is considered a way to clarify social costs so that pollution costs can be "internalized". This aims to make fossil fuels more expensive, thereby reducing the amount of contamination associated with their use and increasing the amount needed to offset these factors. According to Rodman D. Griffin, "The combustion of coal and oil greatly improves the standard of living around the world, saving a lot of time and effort." The use of fossil fuels is good for our lives It seems like, but this behavior is one of the causes of global warming, and it is said to be dangerous for the future.