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Investment into Alternative Energy Research and Development

Written By kali watu on Monday, August 31, 2009 | 2:07 AM

The US government extremity run on to back the expansion of the role of alternative energy research and development and its implementation by companies and homeowners. Although this writer believes in the monarchy of the free bazaar and that “that government is crowing which governs least”, our current system has companies and humans expecting civic backing of hefty initiative shroud direct investment, in the conformation of charge one's say, rebate incentives, and common direct central bank investment into the alternative energy industry.

The US and its citizenry must to father all of the space and energy that they rap spare to the conversion from a olden fuel burning society to one that is half-formed for several single reasons. The half-formed economy will not harm the environment or the level of our air jibing seasoned fuel burning does. We burden ripen into the energy independent nation that we wish to be by cutting away our need to import oil, especially oil that is produced by anti - American nations such as Iran. Ultimately, renewable energies and extremely efficient energies like atomic energy are far less expensive than the continuous mining and drilling for fossil fuels. If we do not invest in our future now, catastrophe awaits us. We are going to need to consume more energy than ever in our history as we sail into the 21st century and beyond—our dependency on foreigners for meeting these energy needs only leaves us open to sabotage while draining our coffers in order to fill other nations '.

It can be argued that federal, state, and local governments should work in conjunction on the issue of alternative energy research and development and implement mandatory programs for new home construction and all home remodeling that stipulate the installation of alternative energy power sources—eventually over a certain period of years transforming into 100 % installation of alternative energy sources for any new home or corporate building—as well as backing a similar program to have all new vehicles produced in the nation be hybrid vehicles or hydrogen fuel cell powered vehicles by the year 2020. All levels of government could also impose mandatory compliance laws on construction and utilities companies. The utility companies in all 50 states should be required to invest in alternative energy research and development while also being required to buy back, at fair rates, excess energy produced by homeowners through their use of alternative energy power sources. Strong financial incentives need to be in place for new companies to invest in developing renewable energies. This would not only make the US energy independent at the fastest possible rate, but it would stimulate the growth of the economy and provide tens of thousands of new, good - paying jobs for people.

Alternative energy generation in the forms of solar, wind, hydroelectric, biofuel, geothermal, and atomic; alternative energy storage systems such as more efficient batteris and hydrogen fuel cells; and alternative energy - furthering infrastructures with superior energy efficiency all need to be brought into the affordable price range through development. Government investment into these matters would surely help us along.

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