Solar Cells - REAL-  Renewable Energy Assurance Limited.

renewable energy

 

 

Is China the future?

China, which is expected to double its demand for energy in the next 15 to 20 years, currently consumes 45% of the world’s fossil fuels. This will mean that an additional 45% of oil, gas, coal, and mineral resources will have to be found. In the 1970’s oil was changing hands at around $10 per barrel. Today, new fracking techniques (getting oil, rather than blood out of a stone) will cost at least $80 per barrel, and this cost will increase as the oil rich reserves are quickly used up.

 

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